Tide Cleaners dry cleaning and laundry franchising
Welcome and thank you for taking the time to learn more about the franchising opportunities available with Tide Cleaners. Tide Cleaners is a blend of innovation and service that's changing the dry cleaning experience for good. Now is a great time to get in on a ground-floor opportunity with a growing brand! We look forward to hearing from you soon and assisting you in navigating the franchise qualification process.
Our Franchising Team is looking forward to connecting with you soon!
CONTACT OUR FRANCHISING DEPARTMENT
Don't miss out on the opportunity to take advantage of our exciting Incentive Programs! For a limited time, new Franchisees will enjoy a Marketing expenditure contribution for their first Plant Store in the amount of $25,000. In addition, Micro Drop Store and Locker Only Drop Store Project Management Fees and Start-Up Assistance Fees will be deferred until 1 year after opening and up to $7,500 of Marketing expenses for will be covered by APFI.
Also, be sure to ask us about the Tide Cleaners Conversion Incentive Program, where you can take advantage of no Royalties for six months, to convert existing, non-franchised dry cleaners to Tide Cleaners locations.
Additional details and requirements will be provided during the qualification process. This policy may be changed or terminated at any time at our discretion.
CONTACT OUR FRANCHISING DEPARTMENT
What is the next step in getting my Tide Cleaners business started?
Is there a continuing royalty fee?
The continuing royalty fee is 6.5% of net sales, which is paid weekly through electronic funds transfer.
What are the financial requirements associated with this franchise opportunity?
Initial Franchise Fee: $10,000 per unit Investment Range: $681,100 - $1,573,300 for a Plant Store (the store format that you must use for your first Outlet)* $153,900 - $636,800 for a Drop Store (the store format that you may use for your second or subsequent Outlet(s))*
$79,500- $349,750 for a Micro Drop Store
$56,900 - $267,150 for a Locker Only Drop Store
$8,700 - $86,600 for a Non-Traditional Store
$93,900 - $197,000 Plant Store Conversion
$51,500 - $104,500 Central Plant Conversion
$75,000 - $134,400 Drop Store Conversion
*Lease Model - does not include associated costs for land and building.
Financial Requirements: $750,000 Liquid Capital; $2,000,000 Net Worth
Royalties: 6.5% of Net Sales*, Marketing Fee: 4% (2% National Ad Fund; 2% Local).
*Net sales = Gross sales minus taxes, refunds and discounts
Is there a continuing advertising fee?
Franchise partners must contribute weekly marketing fees for each Tide Cleaners location. Marketing fees are 4% (including a 2% national ad fund and a 2% local fund).
What is franchising? How does it work?
A franchise is a business with a central structure that grows by incorporating new owners and locations. The franchisor, a brand like Tide Cleaners, operates around a central structure. Franchise owners are entrepreneurs who open franchise locations and incorporate the brand’s structure and operating system into the location. Franchisees essentially pay the franchise for use of the brand name. In return, they benefit from the brand’s popularity and success.
Along with the brand name, the franchisor contributes initial and ongoing support, as well as the business system. Franchisees run their own businesses under the guidance of the franchisor.
There is a contract, called the Franchise Agreement, signed by both parties that governs the relationship between the franchisor and the franchisee.
How long does it take to open a Tide Cleaners business?
We hesitate to give time frames due to the number of variables that exist. Usually, a Tide Cleaners business can be opened within four to five months from construction commencement. Many factors influence the time from execution of the Franchise Agreement to groundbreaking. This timeline may vary due to the following factors:
Finding a suitable location
Due diligence, zoning and use approvals
What qualifications does Tide Cleaners seek in its potential franchisees?
Tide Cleaners looks for franchise owners who have successful business experience. Potential Tide Cleaners owners must also be passionate about the success of the brand and their individual locations. Here are some of the qualifications required to be a Tide Cleaners franchise owner:
$1,100,000 in liquid capital
$2,000,000 net worth
An entrepreneurial spirit and a strong desire to succeed
The ability to motivate and train people
The ability to manage finances
The willingness to complete a comprehensive training and evaluation program to become proficient in all aspects of running a cleaning business
Will I receive assistance in finding a location for my Tide Cleaners?
What is the availability of sites in my area?
The availability of franchises in specific areas will be discussed during your initial interview. However, as you can appreciate, Tide Cleaners cannot predict which locations will be available when your application and qualification process is complete.
Do I receive training from Tide Cleaners?
Our current training program offers approximately two weeks of hands-on experience in operating a Tide Cleaners location at a training facility/on-the-job/on-site and approximately one week of self-directed computer-based training. We also provide additional training for your management staff and a Tide Cleaners Support Representative will be on your site during its opening.
Will Tide Cleaners purchase a piece of property that I own and then sell me the franchise for that location?
Tide Cleaners does not purchase sites for franchisees. We collaborate with our franchisees to locate and secure the best possible site in their market.
Will Tide Cleaners assist with lease negotiations?
Tide Cleaners does assist in negotiations to secure an acceptable site for your Tide Cleaners location by providing tools and support based on our extensive experience. Ultimately, it is the responsibility of our Franchisees to lease or purchase an acceptable property.
Can I open more than one store?
Yes. We encourage those franchisees who are qualified with special skills/systems and proven multi-unit franchise experience to open multiple locations.
What is the term of the franchise agreement?
Your franchise agreement will have an initial term of 10 years, plus a 10-year renewal option.
Are there international franchise opportunities available with Tide Cleaners?