4/10

Franchimp Summary Rating

4 /10
Higher than 64% of peers

Franchise Summary

Description
We offer franchises for the operation of businesses operating under "The Eco Laundry Company" name and marks that provide laundry services, including wash and fold services, dry cleaning services and tailoring services.
Company Background
The Eco Laundry Company is a franchised laundry service that offers wash, fold and dry cleaning services. The company's mission is to provide superior customer service by maintaining cleanliness, orderliness and efficiency in the workplace.
Franchise Opportunity
The laundry and dry-cleaning industry is a multi-billion dollar industry, but it has remained largely unchanged for decades. The Eco Laundry Company was founded to change all that. We believe that there is a better way to do laundry, and we're committed to offering the highest quality services while being as environmentally responsible as possible. Our unique business model allows our franchisees to offer eco-friendly laundry services that are more affordable and convenient than traditional dry cleaning and laundry services.

Employee Contact Database

# Name Position Phone Number Email Address

FAQ

How much investment do I need to start my own The Eco Laundry Company business?
Franchisees typically require at least $229,700 to $375,000 investment to get their The Eco Laundry Company business started
What are the initial franchise fees for The Eco Laundry Company?
Franchisees typically need to pay at least $30,000 in fees directly to The Eco Laundry Company in order to earn the right to launch their business
How much money can I make with a The Eco Laundry Company franchise? What are the average revenues for a typical The Eco Laundry Company business?
We haven’t done the math on how much revenue a typical The Eco Laundry Company brings in each year. We estimate that other franchisees in the Professional Services industry generate $932,459 revenue, so we would expect The Eco Laundry Company to generate a similar amount
How long do I need to commit to running a The Eco Laundry Company unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

4 /10
The Franchisor's investment costs ranges from $258,100 to $480,500 which is Much Higher than the $0 to $0 average in the Services-General industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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