Best Franchise: Tide Dry Cleaners Overview
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FRANCHISE OVERVIEW

  • Financial Requirements $500,000 Liquid Capital
    $1,000,000 Net Worth
  • Experience Previous franchise or operations experience preferred
  • Franchise Fee $20,000 per our Development Incentive Program
  • Investment Range

    $644,300 - $1,515,700 for a Plant Store (the store format that you must use for your first outlet).*
    $190,300 - $610,400 for a Drop Store (an alternative format we may approve you to use for your second or subsequent outlet(s)).*
    $8,800 - $82,500 for a Non-Traditional store(a store format that we may approve you to use for your second or subsequent outlet(s))*

    *Lease Model - does not include associated costs for land and building; it does include potential leasehold improvements of $0 - $567,000 for a Plant Store, $0-$205,000 for a Drop Store, or $0-$3,000 for a Non-Traditional Store.

  • Royalties 6.5% of Net Sales (Net Sales = Gross Sales minus taxes, refunds and discounts)
  • Marketing 4% (2% National Ad Fund; 2% Local)
  • Average Unit Size 2,800 to 3,200 sq. ft.
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