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| Brand | Tide Laundromat Cleaning & Maintenance Remove | Tumble Fresh Coin Laundry Cleaning & Maintenance Remove |
|---|---|---|
| Vitals | ||
Investment range | $1.8M – $2.3M | $1.1M – $2.7M |
Liquid capital | $73K – $95K | $40K – $60K |
Franchise fee | $50K | $40K |
Royalty rate | 6.5% | 6.0% |
Ad fund rate | 2.0% | 2.0% |
| Performance | ||
Avg gross sales | $1.2M | $575K |
Median gross sales | $1.1M | $534K |
Avg owner earnings Metric varies by brand. Check type below | $534K | N/A |
Earnings metric | P&L Bottom Line | Not classified |
| Risk | ||
Rating | BAbove Average | ATop Quintile |
Risk score | 56 / 100 | 52 / 100 |
SBA charge-off rate | N/A | N/A |
SBA loans on record | N/A | N/A |
| Scale | ||
Total units | 8 | 17 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 0.0% | 0.0% |
| Contract | ||
Initial term (years) | 10 | 10 |
Renewal term (years) | 10 | 5 |
Initial training (hrs) | 88 | 51 |
| Contacts | ||
Franchisee phones | 12 | 35 |
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