Tide Dry Cleaners
The total investment to open a Tide Dry Cleaners franchise ranges from $309,800 to $1.4M. The initial franchise fee is $30,000.
What is the Tide Dry Cleaners franchise?
Tide Dry Cleaners offers dry cleaning and laundry services to customers who need garments cleaned. The estimated total initial investment is $309,800 to $1,435,400, and the initial franchise fee is $30,000.
The brand was founded in 2008 and is headquartered in Chanhassen, MN.
Loan Activity Score
47/100
SBA Default Rate
0.0%
Active Lenders
11
According to its Franchise Disclosure Document or public business records, Tide Dry Cleaners has 27 locations, all owned by franchisees. Public SBA loan records show 11 lenders made 24 loans to franchisees of Tide Dry Cleaners. PeerSense calculates Tide Dry Cleaners's score as 47 out of 100, using public SBA loan performance and recent lending activity.
Franchising since 2008 · 27 locations
$309,800 to $1.4M
$30,000
27
27 franchised
Proprietary PeerSense metric
FairDistinct lenders in public SBA records for Tide Dry Cleaners
24
Total SBA loans
$706K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Tide Dry Cleaners
Loan Activity Score Breakdown
Growing (10 to 24 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
0.0%
vs 10.8% peer avg
SBA Loans
24
Total Volume
$16.9M
Active Lenders
11
States
12
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Tide Dry Cleaners based on SBA lending data
SBA Default Rate
0.0%
10.8% below peer avg
SBA Loan Volume
24 loans
Across 11 lenders
Lender Diversity
11 lenders
Avg 2.2 loans per lender
Investment Tier
Premium investment
$309,800 to $1,435,400 total
Tide Dry Cleaners: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2018
8 approvals. The best year on record for Tide Dry Cleaners.
Top SBA State
Minnesota
6 SBA financed Tide Dry Cleaners locations, the densest operator footprint.
Average Loan Size
$672K
Median $537K. Use as a sizing anchor when modeling your own Tide Dry Cleaners unit.
Lender Concentration
40.6%
Concentrated
Share of Tide Dry Cleaners approvals captured by the top 3 SBA lenders.
Tide Dry Cleaners's SBA lending pipeline peaked in 2018 (8 approvals). The last five fiscal years account for 38% of cumulative volume ($8.4M approved). Operator density is highest in Minnesota with 6 SBA financed locations. Average funded ticket sits at $672K, with the median at $537K. Lender mix is concentrated: the top three SBA lenders account for 40.6% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$3,207
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Tide Dry Cleaners, unit breakdown
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Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman