Tide Cleaners FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is to operate a retail dry cleaning business under the “Tide Cleaners” name and other trademarks, offering premium dry cleaning, laundering, and related fabric and garment care services and products.
Corporate Information
Agile Pursuits Franchising, Inc. was incorporated in Ohio in December 2008. They maintain their principal business address at 2 Procter & Gamble Plaza, TE-16, Cincinnati, Ohio 45202. They began offering franchises for “Tide Dry Cleaners” Outlets in October 2009. They are in the processing of converting the name of these businesses from “Tide Dry Cleaners” to “Tide Cleaners”. Their parent company is The Procter & Gamble Company.
Investment
The total estimated investment necessary to begin operation of a Tide Cleaners outlet is as follow:
- Plant Store: $709,700 – $1,505,800
- Central Plant: $697,500 – $2,517,300
- Drop Store: $114,900 – $592,800
- Virtual Store: $40,320 – $120,050
- Plant Store Conversion as a First Outlet: $280,000 – $526,200
- Plant Store Conversion: $196,800 – $452,200
- Central Plant Conversion: $142,800 – $394,900
- Drop Store Conversion: $98,700 – $223,000
- Development Rights Agreement (3 to 5 Tide Cleaners Outlets): $30,500 – $51,000
