Tide Cleaners offers a few different investment paths. For a new build, the estimated initial investment ranges from $709,700 to $1,510,800 for a plant store and $119,200 to $592,800 for a drop store. Conversion and acquisition opportunities can be lower, with estimated initial investment ranging from $280,000 to $526,200 for a plant store and from $137,800 to $243,000 for a drop store.
Tide Services also reports strong unit-level performance across mature locations. Plant stores open more than one year reported average net sales of $1,431,110, with 32.5% net controllable income less royalty. Drop stores open more than one year reported average net sales of $571,029, with 51.5% net controllable income less royalty. Laundromats open more than one year reported average net sales of $1,199,889, with 44.5% net controllable income less royalty.
For more information on franchising with Tide Services, visit https://tidefranchise.com/concepts/.
| Tide Services Experts Investment Range | $117,800 - $2,517,300 Tide Cleaners and $1,751,885 - $2,257,682 Tide Laundromat |
| No. of Units Currently Open | 264 |
| Royalty | 6.5% |
| Franchise Fee | $50,000 |
Luca Piacentini
1851 Franchise Managing Editor
Luca Piacentini
1851 Franchise Managing Editor
Luca Piacentini
1851 Franchise Managing Editor
Tide Services President and CEO Andrew Gibson discusses how the company is growing Tide Cleaners and Tide Laundromat through thoughtful franchisee selection, operational excellence and a vision to become the leading out-of-home laundry provider for consumers nationwide.
