Tide Laundromat
Tide Laundromat is a franchise offering retail laundromat businesses that provide premium laundering services, related products, and use proprietary detergents, equipment, and processes under the Tide brand. The business model involves franchising new construction or converted laundromats, often through multi-unit development rights agreements requiring at least three locations, with support from affiliates for supplies and systems. It targets entrepreneurs interested in branded, high-quality self-service and full-service laundry operations serving general consumers in suitable geographic areas.
Franchise Costs
6.5% royalty + 2% brand development fund + $750/mo technology + $4,500/yr PGP service fee
Financial Performance
Item 19 Financial Performance
Data Based On: Two franchised Tide Laundromat Businesses that were in operation for more than one year for the period from July 1, 2023 through June 30, 2024.
* Average Gross Revenue is taken directly from 'Average Net Sales'. Median Gross Revenue is taken directly from 'Median Net Sales'. Average Gross Profit is calculated as Average Net Sales ($1,242,024) minus 22% 'Cost of Sales' ($1,242,024 * (1 - 0.22) = $968,778.72). Net Controllable Income (43% of Net Sales) and Net Controllable Income Less Royalty (36.50% of Net Sales or $453,339) are presented. However, these figures are explicitly stated to exclude significant expenses such as rent, real estate taxes, interest, depreciation, amortization, and other operating costs (as per Notes 7 on page 2 and page 3). Therefore, these metrics do not represent 'average_net_income', 'average_net_profit', or 'average_ebitda' as per the definitions provided. Insufficient information is available to estimate a true profit range (best_guess_profit_low/high) because the excluded expenses are not quantified.
Extracted Item 19 Section
How Tide Laundromat Compares
Key Insights
- Higher investment than 100% of Cleaning Services franchises
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Tide Laundromat Current | $1.7M – $2.2M | $50K | 6.5% | 3 |
| THE MAIDS | $82K – $160K | $57K | 6.9% | 1,517 |
| Chem-Dry | $119K – $265K | $36K | 7.0% | 1,099 |
| MERRY MAIDS | $127K – $170K | $55K | 7.0% | 802 |
| OpenWorks | $4K – $134K | $25K | 15.0% | 615 |
| OXI FRESH CARPET CLEANING | $54K – $105K | $48K | N/A | 481 |
Cleaning Services Average 72 franchises | $187K – $374K | $45K | 7.1% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 72 Cleaning Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
Franchisee Contacts
7 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
7 Contacts Available
Unlock all Tide Laundromat franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a Tide Laundromat franchise ranges from $1,731,885 to $2,237,682. This includes a franchise fee of $50,000. Ongoing royalty fees are 6.5% of gross sales.
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