Are you thinking about opening Tide Cleaner Franchise? But are still confused about whether this Tide Cleaner Franchise is a good investment or not?
Do not worry, as, in this article, we will provide all the information related to Tide Cleaner Franchise and other facts like its profitability, cost, fee, and so on. So, let’s begin.
About Tide Cleaner
Tide Cleaner is an American dry cleaning and laundry service company that was founded in 2008.
It offers many services like dry-cleaning, flooding, washing, alterations, and even cleaning of household items.
After one year of its establishment, Tide Cleaner started offering franchise, and currently, it has more than 125 units across the U.S. Tide Cleaner made its name in the market in a very short time, and now it is considered one of the biggest names in the industry of dry-cleaning.
The secret to the success of the Tide Cleaner Franchise is its flexible business model. They do not compulsorily require any prior experience, but they prefer a candidate who has previous business experience.
They also provide guidance, training programs, and different kinds of support to enhance the growth of the business.
However, the cost of investment is a bit high, and they never provide any financial support to franchisees. So, a candidate has to arrange the cost of investment on his/her own.
Also Read: Pressed 4-Time Franchise
Tide Cleaner Franchise Model
| Initial Investment | $682,100-$1,586,700 |
| Franchise-Fee | $20,000 |
| Liquidity | $1,100,000 |
| Royalty-Fee | 2% |
| Area Requirement | N/A |
| Total Outlet | 125 |
Training Of Tide Cleaner Franchise
Tide Cleaner provides a training program to all new franchisees. The training program includes an orientation program, operating and management training, and everything that you need to know before owning this franchise.
Tide Cleaner also offers interactive web-based training and additional training for other employees and staff. Moreover, they also provide support and guidance when you start any new venture. They also offer consulting and tools to grow your business.
The best thing about the Tide Cleaner is that their team will always be there for you and provide you with a full operational blueprint that includes operating procedures, marketing, IT, brand standard, and so on.
Term & Renewal Of The Agreement
The initial length of the term of the agreement of the Tide Cleaner franchise is 10 years. After the completion of the initial term, franchisees can renew the term for another 10 years.
But there are certain conditions required by the franchisor for the renewal of the term that franchisees have to fulfill.
Tide Cleaner Financial Assistance
Tide Cleaner does not offer any direct or indirect financing options to franchisees for the establishment of their franchise business.
Subsequently, the franchisor is not responsible for any franchisees’ promissory note, lease, or other obligations.
Also, neither the franchisor affiliates with third-party lenders nor any other source of financing.
Tide Cleaner Comparison
| Company | Tide Cleaner | Martinizing |
|---|---|---|
| Founded In | 2008 | 1949 |
| Initial Investment | $682,100-$1,586,700 | $60,000-$385,000 |
| Franchise-Fee | $20,000 | $69,500 |
| Total Outlet | 125 | 450 |
| Annual Revenue | $175.7 Million | $3.0 Million |
Frequently Asked Question
How many Tide Cleaner franchises are there?
Tide Cleaner has more than 125 units across the U.S.
How much does it cost to own a Tide Cleaner Franchise?
An initial investment required to open a Tide Cleaner Franchise is $682,100-$1,586,700.
Does the Tide Cleaner franchise offer financial assistance?
No, the Tide Cleaner franchise never offers financial assistance to franchisees.
Where is Tide Cleaner headquarters?
Center Ridge Rd, Rocky River, Ohio
Does CD One Price Cleaner offer franchises?
Yes, CD One Price Cleaner offers franchise opportunities to entrepreneurs.
How much does a CD One Price Cleaner franchise cost?
Opening a CD One Price Cleaner franchise requires a franchise fee of up to $20,000, with a total initial investment range of $615,000 – $830,000.
Amit Gupta is the founder of DrFranchises – a digital marketing agency that helps brands rank better on Google Maps through local SEO strategies. Amit has over 11 years of experience in digital marketing, SEO, email marketing, and social media marketing. He’s also the owner of multiple franchises and has helped countless brands achieve success online. When he’s not working, Amit can be found playing with his dog.