Franchise FAQ

how much is a tide franchise

by Owen Bednar III Published 1 year ago Updated 1 year ago
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Franchise fees
Franchise fees
A franchise fee is a fee or charge that one party, known as the franchisee, pays another party, known as the franchisor, for the right to enter in a franchise agreement.
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are included in our breakdown of the initial investment for each location model: $703,500 - $1,477,400 for a Plant Store. $718,500 - $1,492,400 for a Central Plant. $145,150 - $565,500 for a Drop Store.

Full Answer

Who owns Tide Dry Cleaners?

What is franchise fee?

What is royalty fee for franchise?

What is franchise investment?

How long is a franchise agreement?

What is the purpose of royalty fee?

Do franchisors have in-house financing?

See 4 more

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Is Tide cleaners owned by Procter and Gamble?

Tide Cleaners is part of Procter & Gamble (P&G), a multinational consumer goods corporation with dozens of brands under its umbrella. P&G was founded more than 180 years ago and has many iconic brands under its belt, including Tide and other laundry products.

How do tides start?

Upfront Costs. The initial franchise fee to open a Tide Cleaners franchise is $20,000. Potential franchise owners must have $1.1 million in liquid capital and a net worth of $2 million to qualify. The investment range varies depending on the type of store and how many stores you want to open.

How do tide charts work?

Tide charts note the depth of the water at a given time, then add it to the Chart Datum to create this average of tide heights. The heights you will find on a tide table are the measures of the water above or below the chart datum, which is usually the lowest average tide.

How are tide tables calculated?

The rule of twelfths works like this; take the difference in height between the high and low tide on that day, and divide that by 12 equal chunks.

How do tides work for dummies?

High and low tides are caused by the moon. The moon's gravitational pull generates something called the tidal force. The tidal force causes Earth—and its water—to bulge out on the side closest to the moon and the side farthest from the moon. These bulges of water are high tides.

Why do we have 2 tides a day?

Because the Earth rotates through two tidal “bulges” every lunar day, coastal areas experience two high and two low tides every 24 hours and 50 minutes. High tides occur 12 hours and 25 minutes apart.

How do you explain tides to a child?

0:205:07How does the Moon cause Tides? + more videos - YouTubeYouTubeStart of suggested clipEnd of suggested clipPull towards the moon as compared to the earth's. Center. So the part facing the moon is pulled awayMorePull towards the moon as compared to the earth's. Center. So the part facing the moon is pulled away from the center creating a bulge and thus increasing the sea level and causing a high tide.

What are the 4 types of tides?

Flood Tide – Over a period of several hours there will be a rise in sea level. High Tide – This is a stage where the water reaches its maximum level. Ebb Tide – This is a stage where sea level keeps receding over several hours. Low Tide – The Level of Seawater stops receding.

Laundry and Dry Cleaning Franchise | Tide Cleaners

Tide Cleaners offers a variety of dry cleaning and laundry services for consumers using multiple convenient formats. Customers can have their clothes picked up and delivered at their homes or offices, drop their items off at a store using the convenient drive-thru or 24/7 drop box, or even drop off and pick up in a secure locker.

24/7 Dry Cleaning & Laundry Services | Tide Cleaners

We're bringing you the easiest clean ever for everything from dry cleaning to everyday laundry with the best in service, experience, and technology. Learn more about why we're the #1 trusted brand in dry cleaning.

Agile Pursuits, Inc. Careers and Employment | Indeed.com

Find out what works well at Agile Pursuits, Inc. from the people who know best. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Compare pay for popular roles and read about the team’s work-life balance. Uncover why Agile Pursuits, Inc. is the best company for you.

Do you have to have experience to be a tide cleaner?

Previous business experience is strongly preferred for new Tide Cleaners owners, although this does not have to include experience in the laundry or dry cleaning services industry.

Is a tide cleaner franchise an investment?

Opening a Tide Cleaners location is an investment into your future. Initial investments vary depending on the location and format. Potential franchise owners must meet certain financial requirements to open a Tide Cleaners franchise and doing so will lead them onto a successful path of business ownership. Here is a breakdown of investments and requirements needed to open a Tide Cleaners franchise.

Can you open a plant store with tide cleaners?

New franchisees must first open a Tide Cleaners Plant Store, which is our largest format and allows customers to interact with Tide Cleaners experts. From there, owners can open additional Plant Stores or smaller Drop Stores. The additional sites allow clients in various neighborhoods within the market to drop off and pick up their dry cleaning and laundry without going out of the way.

How much capital do you need to buy a tide cleaner?

To buy a franchise with Tide Cleaners, you'll need to have at least $1,100,000 in liquid capital and a minimum net worth of $2,000,000. Franchisees can expect to make a total investment of at least $682,100 - $1,586,700 for a Plant Store| $159,700 - $635,650 for Drop Store. They also offer a discount for veterans. *

What is tide cleaner?

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!

What is tide dry clean?

Some of the special services that Tide Dry Cleaners offers are “Back-to-Black” which helps makes black clothes look their original dark color before they faded, “Tide Restore for Whites” which brings white articles of clothing back to their original brightness, and “Tide Restore for Colors” which makes colors pop again on textured garments.

Does tide dry cleaner have a drive thru?

Most Tide Dry Cleaners provide extra amenities like an on-staff tailor, same day service, a drive-thru, and a 24-hour drop box and even pick-up locker for customers who are too busy to retrieve their clothes during normal business hours. Start your business!

Does tide dry clean clothes?

After establishing itself as a trustworthy brand when it comes to washing clothes, Tide is taking over the dry cleaning market, as well. Customers can expect that every item of clothing they bring in to Tide Dry Cleaners will be returned with the original color maintained, all stains removed, and a clean scent. Tide Dry Cleaners also goes above and beyond by replacing missing or broken buttons as a bonus service for free. Most Tide Dry Cleaners provide extra amenities like an on-staff tailor, same day service, a drive-thru, and a 24-hour drop box and even pick-up locker for customers who are too busy to retrieve their clothes during normal business hours.

Is tide dry cleaners a franchise?

Tide Dry Cleaners is a privately held dry cleaning franchise. The company is currently looking for franchisees who are motivated and business savvy and willing to undergo Tide’s training to run a mutually successful franchise location.

Who owns 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.

What is franchise fee?

What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.

What is royalty fee for franchise?

This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.

What is franchise investment?

Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.

How long is a franchise agreement?

10 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.

What is the purpose of royalty fee?

What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.

Do franchisors have in-house financing?

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Who owns 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.

What is franchise fee?

What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.

What is royalty fee for franchise?

This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.

What is franchise investment?

Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.

How long is a franchise agreement?

10 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.

What is the purpose of royalty fee?

What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.

Do franchisors have in-house financing?

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

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