Start-Up Costs and Fees |
||
| Pressed4Time | Hangers Cleaners | |
| Investment | 31260 - 37995 | 750000 - 1500000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4-6% | 4% |
| Advertising Fee | ||
| Year Founded | 1987 | 1996 |
| Year Franchised | 1990 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Pressed4Time | Hangers Cleaners | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| Pressed4Time | Hangers Cleaners | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Pressed4Time | Hangers Cleaners | |
| Training | ||
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Ad slicks | |
| Operations | Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Pressed4Time | Hangers Cleaners | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Pressed4Time | |
| Hangers Cleaners | |
| Franchise Fee | |
| Pressed4Time | |
| Hangers Cleaners | |
| Royalty Fee | |
| Pressed4Time | 4-6% |
| Hangers Cleaners | 4% |
| Advertising Fee | |
| Pressed4Time | |
| Hangers Cleaners | |
| Year Founded | |
| Pressed4Time | 1987 |
| Hangers Cleaners | 1996 |
| Year Franchised | |
| Pressed4Time | 1990 |
| Hangers Cleaners | 1998 |
| Term Of Agreement | |
| Pressed4Time | 10 years |
| Hangers Cleaners | 10 years |
| Renewal Fee | |
| Pressed4Time | 10% of current franchise fee |
| Hangers Cleaners | $5K per territory |
Business Experience Requirements |
|
| Experience | |
| Pressed4Time | |
| Hangers Cleaners | General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Pressed4Time | No |
| Hangers Cleaners | No |
| Start-up Costs | |
| Pressed4Time | |
| Hangers Cleaners | |
| Equipment | |
| Pressed4Time} | |
| Hangers Cleaners | |
| Inventory | |
| Pressed4Time | |
| Hangers Cleaners | |
| Receivables | |
| Pressed4Time | |
| Hangers Cleaners | |
| Payroll | |
| Pressed4Time | |
| Hangers Cleaners | |
Training & Support |
|
| Training | |
| Pressed4Time | |
| Hangers Cleaners | |
| Support | |
| Pressed4Time | |
| Hangers Cleaners | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Pressed4Time | |
| Hangers Cleaners | Ad slicks |
| Operations | |
| Pressed4Time | |
| Hangers Cleaners | Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Pressed4Time | |
| Hangers Cleaners | |
| Canada Expansion | |
| Pressed4Time | 0 |
| Hangers Cleaners | |
| International Expansion | |
| Pressed4Time | |
| Hangers Cleaners | Canada, |