Tide Dry Cleaners FDD Summary
Type of Business
The franchise offered is to operate a retail dry cleaning business under the “Tide Dry 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. incorporated in Ohio in December 2008. Their principal business address is 2 Procter & Gamble Plaza, Cincinnati, Ohio 45202. Their parent company is The Procter & Gamble Company. P&G is an Ohio corporation, incorporated in May 1905, and shares their principal business address.
Investment
The total estimated investment necessary to begin operation of a Tide Dry Cleaners outlet is $644,300 to $1,515,700 for a “Plant Store” model outlet (the store format that you must use for your first outlet, unless otherwise agreed), $190,300 to $610,400 for a “Drop Store” model outlet, and $8,800 to $82,500 for a “Non-Traditional Store” model outlet (a new format we may approve you to use). This includes between $85,000 and $123,100 for a “Plant Store” model outlet, $60,000 and $73,100 for a “Drop Store” model outlet, or $500 and $10,500 for a “Non-Traditional Store” model outlet, that must be paid to the franchisor or affiliate.