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Below is an in-depth analysis and side-by-side comparison of CD One Price Cleaners vs Tide Cleaners including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $650,000 - $830,000 | $8,000 - $1,573,300 |
Franchise Fee | $20,000 | $20,000 - $50,000 |
Royalty Fee | 8% | 6.5% |
Advertising Fee | 3% | 2% |
Year Founded | 2001 | 2008 |
Year Franchised | 2005 | 2008 |
Term Of Agreement | 10 years | 10 years +10 |
Term Of Agreement | 10 years | 10 years +10 |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | * An entrepreneurial spirit and strong desire to succeed * The ability to motivate and train people * The ability to manage finances * The willingness to personally devote full-time and best efforts to the day-to-day operation of the dry cleaning business as an on-premises franchisee * The willingness to complete a comprehensive training and evaluation program to become proficient in all aspects of running the dry cleaning business * The ability to meet financial qualifications |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | Our current training program offers approximately two weeks of hands-on experience in operating a Tide Dry Cleaners location at a training facility/on-the-job/on-site and approximately one week of self-directed computer based training. We also provide additional training for your management staff On-The-Job Training: 240 hours Classroom Training: 37 hours |
Support | - | An Area Representative may be available for assistance and, if available in your area, will be an integral part of our support in assisting you in your business development. * Tide Dry Cleaners team will provide guidance including standards, specifications and operating procedures, marketing, purchasing equipment and products. A series of manuals are also provided in a franchise website portal that will assist in the operation of your Tide Dry Cleaners. * A newsletter may be provided and may be posted on Tide Dry Cleaners proprietary franchisee website to keep you informed of new management tips, research and development, and important events occurring throughout the Tide Dry Cleaners franchise system. Regional activities are an important part of our continuing education program. This program helps keep franchisees informed on a variety of subjects and provides an opportunity to interact with other franchisees and the Tide Dry Cleaners management team. Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 8 - 22 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
CD One Price Cleaners offer a traditional franchise opportunity which requires a cash investment by the Franchise owner of a minimum of $650,000. Consumers know what to expect when they visit a franchised business. For entrepreneurial individuals interested in opening their own business, franchise ownership allows the owner to utilize the proven methods, practices, training, purchasing power, marketing plans and operational know-how of the franchiser, thereby increasing the chance of long term success. Benefits of a franchise for the Franchise Owner: * The brand attracts customers seeking a consistent product or service * Proven marketing strategies and programs to Get and Keep customers * The use of a proven store operating strategy instead of reinventing the wheel from scratch * Detailed initial training programs with well organized operations manuals Ongoing store support programs, District Manager support and mentoring. At CD One Price Cleaners, we understand that finding a franchise that meets your needs can sometimes be a long and difficult process. To assist you in evaluating our franchise opportunity, and assist us in getting to know more about you, we have developed a simple, informative process to follow. Following these steps will make your exploration of our franchise opportunity a little easier and more productive. At the end of this process, if we are both comfortable that the opportunity is a good fit, you may be offered the opportunity to join our system by acquiring own your own franchise. We have both existing and new store opportunities available. We are confident that as you learn more about our organization and proven business methods, you will discover that the CD One Price Dry Cleaner franchise is one exciting and unique business opportunity worthy of your consideration.