FILING · MN · 2024 FDD · 1+ YEAR OLD
TIDE CLEANERS FDD (Franchise Disclosure Document) — 2024
The FDD is the 23-item legal disclosure every U.S. franchisor must hand you at least 14 days before you sign or pay anything (FTC Franchise Rule, 16 CFR 436). TIDE CLEANERS's most recent FDD tracked here is the 2024 FDD · 1+ year old, filed with the Minnesota Department of Commerce (public CARDS portal). Registration-state filings are public records, so you can read it free, with no sign-up.
PUBLIC RECORD · FILED 2024 · SOURCE STATE MN
| ITEM 5 | Initial franchise fee | $50,000 |
| ITEM 6 | Ongoing royalty | 6.5% of gross sales |
| ITEM 7 | Total initial investment | $40K–$2.5M |
| ITEM 19 | Earnings disclosure (FPR) | Yes — financial performance representation made |
| ITEM 20 | Outlets (fiscal 2024) | 246 franchised at year end · 3 exits (exit rate 1.3%, fiscal 2024) |
The headline figure is Average Annual Gross Sales (Plant Stores) for Covered Period Jul 1, 2023 - Jun 30, 2024, for 53 of 246 units, leaving out consolidated-reporting Conversion Stores, did not operate entire Covered Period, Central Plant Stores (no sales) and others. The mean is 7% above the median, so a minority of high-volume units pulls the average up.
Graded on three things the filing states: coverage (2 points if the figure covers at least 75% of the units it is compared with, 1 point for 50–75%), centre (2 points if it prints both a median and a mean, 1 for one of them), and costs (2 points for costs through a profit line or full cost detail, 1 for some cost items). 5–6 points = More complete, 3–4 = Partial, 0–2 = Limited. The grade describes the disclosure, not the business.
| What is measured | Average Annual Gross Sales (Plant Stores) (gross sales) |
| Period | Covered Period Jul 1, 2023 - Jun 30, 2024 |
| Whose results | Franchised outlets |
| Units included | 53 of 246 Tide Cleaners Outlets operating in the U.S. at Jun 30, 2024 |
| Left out |
|
| Average (mean) | $1.1M |
| Median | $1.0M |
| Mean vs median | mean 7.0% above median |
| Met or beat the average | 24/45% (exceeding) |
| Costs shown | Some cost items only |
| Where | p. 66 (Item 19 runs pp. 66–74) |
Every figure above was extracted by software from the 2024 TIDE CLEANERS FDD as filed (figures are not individually checked by a person) and links back to that document. Fields that could not be extracted are omitted; no figure here is estimated. Extraction errors are possible: the filing controls, and FDDs are reissued annually; verify against the current issuance before relying on any number. Spotted an error? Franchisors and owners can report it via the contact on our Terms page.
TIDE CLEANERS FDD questions, answered
Where can I download the TIDE CLEANERS FDD for free?
TIDE CLEANERS's 2024 Franchise Disclosure Document is a public record, filed with the Minnesota Department of Commerce (public CARDS portal). It can be downloaded free from the source link on this page — no broker form, no email signup required.
What year is TIDE CLEANERS's most recent FDD on file?
The most recent TIDE CLEANERS FDD tracked here is the 2024 FDD · 1+ year old, filed with the Minnesota Department of Commerce (public CARDS portal). Franchisors must update their FDD annually; confirm you are reading the current issuance before signing.
Does TIDE CLEANERS's FDD disclose earnings (Item 19)?
Yes — TIDE CLEANERS makes a financial performance representation in Item 19 of its 2024 FDD. Read the basis fine print: franchisors choose which units and metrics to include.
What does TIDE CLEANERS's FDD Item 20 show?
In fiscal 2024, TIDE CLEANERS ended with 246 franchised outlets; 3 of 223 open at the start of the year left the system (exit rate 1.3%, fiscal 2024) through terminations, non-renewals, and "ceased operations — other reasons".
The TIDE CLEANERS validation checklist
questions built from this brand's own filings · read them all on the profile
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