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Below is an in-depth analysis and side-by-side comparison of Spectrum Towels and Scrubs 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 | $100 - $100,000 | $8,000 - $1,573,300 |
Franchise Fee | N/A | $20,000 - $50,000 |
Royalty Fee | - | 6.5% |
Advertising Fee | - | 2% |
Year Founded | - | 2008 |
Year Franchised | - | 2008 |
Term Of Agreement | - | 10 years +10 |
Term Of Agreement | - | 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 | - | - |
The Towel & Uniform Supply Business is very unique and easy to run. You simply take orders on the phone or get notified by email you have web store orders from the primary markets like Hotels & Motels, Beauty Salons, Restaurants, and Medical Trade. Also Hospitals & Nursing Homes, Schools, Car Washes, Vet Clinics, Gyms, Health Spas, Tennis and Racquet Clubs, Country Clubs, Prisons and many other markets on a very repetitive basis. You have no overhead and this business only takes minutes a day to run. No selling! Just taking orders. You start by mailing out these very attractive, effective Color Postcard Flyers with your company name or website and your phone number on them to the select markets. Your prices will be approximately 50% lower than the competition's. Your customers can either phone the order in (answering machines work great) or they can order online from your web store. In addition to white towels, we carry over 35 beautiful colors in all sizes. You will have access to virtually every size, color, quantity and quality of towels, sheets and other related items. We also manufacture a complete line of medical apparel, factory direct. The average order is $500 and the average mark-up is 25%-50%. Not bad for just mailing out flyers and taking phone and web store orders! The combination of new orders and repeat orders will continue to greatly increase your monthly sales volume as well as your commission checks.