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Tide Dry Cleaners

2014 Franchise 500
#432
At a Glance

Products & Services: Dry cleaning

Number of Locations: 25

Total Investment: $575K - $1.3M

Founded: 2008

Began Franchising: 2009

About Tide Dry Cleaners

Tide Dry Cleaners franchises are offered by Agile Pursuits Franchising Inc., a wholly-owned subsidiary of the Procter & Gamble Company. Each location allows customers to drop off items for dry-cleaning and pick them up 24 hours a day by using drop boxes and lockers. Drive-through and tailoring services are also offered.

Franchise Units

Year U.S. Canadian International Company Owned
2014 18 0 0 7
2013 13 0 0 5
2012 13 0 0 2
2011 4 0 0 2
2010 3 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $575,000 - $1,290,000
Franchise Fee: $20,000 - $50,000
Ongoing Royalty Fee: 6.5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $1,000,000
Liquid Cash Available: $300,000
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 5 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: PR

Franchise Ranking History

Franchise 500®: #432 (2014), #470 (2013),
Top New: #49 (2014), #48 (2013),