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Updated RecentlyTide Cleaners vs The Eco Laundry Company Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tide Cleaners vs The Eco Laundry Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $8,000 - $1,573,300 | $229,700 - $350,000 |
| Franchise Fee | $20,000 - $50,000 | $30,000 |
| Royalty Fee | 6.5% | 6% |
| Advertising Fee | 2% | Up to 2% |
| Year Founded | 2008 | 2010 |
| Year Franchised | 2008 | 2015 |
| 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 | 2 weeks at Eco Laundry Lab & 1 week onsite |
| 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 | - | - |
Company Overviews
About Tide Cleaners
!["Tide]("https://images.ctfassets.net/exql6ar8lq2x/OciIE3fkIYC3alsaHUUuU/88436b9c677671b9ff5cfd07203c1aa7/Tide_Logo_2x.png"){kind=logo}
CHANGING DRY CLEANING FOR GOOD.
Welcome! And congratulations on your interest in becoming a Tide Cleaners franchise owner.
Imagine yourself as the owner of a Tide Cleaners franchise. Your franchise will have an instantly recognizable brand name built on a foundation of consumer trust developed from more than 60 years of fabric care experience.
From day one, you'll work with a dedicated management, sales and marketing team, whose job is to help you make the most of your investment. You and your employees will receive outstanding training and support. Combine that with Tide's services and you'll be able to deliver consumers an amazing dry cleaning experience.
Tide Cleaners is a blend of innovation and service that's changing the dry cleaning experience for good. It's clean. It's fresh. And it's a tremendous opportunity for you to take advantage of the brand that practically sells itself.
Invest in a franchise that caters to today's
busy lifestyles.
* The Tide name gives your franchise instant recognition and trust with customers.
* A clean, bright look, inside and out, along with building amenities like drive-thru service and 24/7 locker access offers your customers a quality and convenient experience.
* Tide Cleaners uses only the GreenEarth Cleaning process for all dry cleaning.
* You can generate additional income streams with innovative services like Tide ColorGuard, Tide SpotLift, Tide FreshScent, Tide Back-to-Black and Tide Restore
* Your staff will receive exceptional training and support to ensure your customers experience world-class service.
* Reach a targeted, refined clientele and work in an upscale environment - all while becoming an active member of the community you serve.
The total estimated investment necessary to begin operation of a Tide Cleaners outlet is as follows:
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png")
- Plant Store: $681,100 - $1,573,300
- Drop Store: $153,900 - $636,800
- Micro Drop Store: $79,500 - $349,750
- Locker Only Drop Store: $56,900 - $267,150
- Non-Traditional Store: $8,700 - $86,600
- Plant Store Conversion: $93,900 - $197,000
- Central Plant Conversion: $51,500 - $104,500
- Drop Store Conversion: $75,000 - $134,400
- Development Rights Agreement: $30,500 - $51,000
#97 in Franchise 500 for 2020.
#70 in Franchise 500 for 2021.
About The Eco Laundry Company
Founded in 2010, The Eco Laundry Company is an eco-friendly laundry and dry cleaning company that believes in leaving a positive footprint in the world. Commitment to sustainability and environmental stewardship are built into the DNA of their business model. The world's first laundry company to be certified B Corporation, The Eco Laundry Company's wash and fold use non-toxic biodegradable products and energy efficient machines, and their dry cleaning process is an organic and environmentally friendly alternative compared to traditional dry cleaning. With locations in Buenos Aires, Argentina and New York City, The Eco Laundry Company has franchise opportunities available for qualified candidates. Visit: www.EcoLaundryCompany.com for more information. The initial fee of $30,000 may be discounted for qualified military veterans.