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Below is an in-depth analysis and side-by-side comparison of Restoration DryCleaning 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 | $37,400 - $222,000 | $8,000 - $1,573,300 |
Franchise Fee | $29,000 - $44,000 | $20,000 - $50,000 |
Royalty Fee | 6% | 6.5% |
Advertising Fee | - | 2% |
Year Founded | 1992 | 2008 |
Year Franchised | 2001 | 2008 |
Term Of Agreement | 10 years | 10 years +10 |
Term Of Agreement | 10 years | 10 years +10 |
Renewal Fee | 20% initial franchise 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/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/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 | Newsletter, Meetings, Toll-free phone line, Internet | 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, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations |
18% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 10
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 8 - 22 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Join the Team that Leads the Textile Restoration Industry More than a decade ago, CRDN created a category of service that today remains one of the most consistently growing industries that is unaffected by negative economic cycles. Textile restoration serves the large and fast-growing category of insurance claims in household disasters: contents. Today, CRDN operates throughout the United States, Canada and the United Kingdom. We serve more than 94% of the population in the U.S. and Canada, as well as all major population centers in the U.K., and our international footprint will continue to grow. We have successfully resolved hundreds of thousands of claims with the best people, technology and processes in the business. Insurance carriers seek out national partners that can provide one-stop solutions and that can match their own brand's sense of scale, breadth and depth. We provide that international scope, reach and leverage while keeping our services very personalized at the local level. Simply put, we have spent more than a decade building the brand, technology, processes, infrastructure and team that no individual operator can match. But by joining the best in the industry, the return far exceeds the investment. As a company founded by a local operator with 20+ years of uninterrupted growth in the garment care business, CRDN proves everyday that textile restoration enables our members to: Leverage investments in plant and equipment; Access a market niche unaffected by negative economic cycles Enjoy greater business stability. We've had more successes, salvaged more textiles, processed more claims, opened more locations, trained more textile experts, and refined better processes and technology than any network or company in the business. We have already established multiple programs with the world's largest insurance carriers, and we have defined the industry's service level agreements with contractors and insurance companies, while the competition plays catch-up. All of this and more are reasons we continue to attract new members to the CRDN family each and everyday. Contact CRDN to learn more about how the franchising process works, what the investment parameters are, how to get started, what other franchisees have said in support, and to submit your application for consideration.