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FranchiseVerdict

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2 brands side-by-side

Compare up to 4 brands side by side

indicates the clear winner per row. Ties and missing data are not highlighted.

Brand
Tide Laundromat logoBAbove Average
Tide Laundromat
Cleaning & Maintenance
Remove
Laundry Spot logoCAverage
Laundry Spot
Cleaning & Maintenance
Remove
Vitals
Investment range
$1.8M – $2.3M
$1.3M – $2.2M
Liquid capital
$73K – $95K
$30K – $75K
Franchise fee
$50K
$60K
Royalty rate
6.5%
5.0%
Ad fund rate
2.0%
1.0%
Performance
Avg gross sales
$1.2M
$761K
Median gross sales
$1.1M
$768K
Avg owner earnings
Metric varies by brand. Check type below
$534K
$309K
Earnings metric
P&L Bottom Line
P&L Bottom Line
Risk
Rating
BAbove Average
CAverage
Risk score
56 / 100
68 / 100
SBA charge-off rate
N/A
N/A
SBA loans on record
N/A
2
Scale
Total units
8
4
Net change (latest yr)
N/A
N/A
Turnover rate
0.0%
0.0%
Contract
Initial term (years)
10
10
Renewal term (years)
10
10
Initial training (hrs)
88
66
Contacts
Franchisee phones
12
17

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