Tide Services recently signed a 50-unit franchise agreement with CMG Companies, one of the nation’s top multi-unit franchise operators.
As one of the largest franchise commitments in the out-of-home laundry sector — alongside another major Tide deal announced last year — this agreement significantly accelerates Tide Laundromat’s expansion in the Southwest U.S.
The new locations will roll out in key Southwest metro areas. “With CMG’s proven track record in multi-unit development, they are the ideal partner as we scale our footprint and redefine the laundry experience,” said Andy Gibson, CEO of Tide Services. “This agreement underscores our commitment to delivering efficient, high-quality laundry solutions to more communities and reinforces the strength of our franchise model.”
Headquartered in Dallas, CMG Companies operates over 500 franchise locations across multiple industries, including quick-service restaurants, retail and hospitality. The firm is ranked among the top 15 multi-unit operators in the U.S., with a track record of successfully growing national brands.
“Tide is a category leader, known for its trusted quality and innovative approach to both self-service and full-service laundry,” said Al Bhakta, founding principal of CMG Companies. “As we expand Tide’s footprint across the Southwestern U.S., our focus is on selecting the right locations and delivering a seamless customer experience that sets a new standard for the industry.”
“The laundromat industry has been around for decades, but much of it remains outdated and fragmented,” added Navin Nagrani, principal at CMG Companies. “By combining Tide’s cutting-edge technology with our expertise in multi-unit operations, we’re bringing a smarter, more convenient laundry solution to market. This partnership represents not just a business opportunity, but a chance to modernize an essential service for communities nationwide.”
Tide Services operates over 200 sites nationwide, offering innovative services like 24-hour laundry drop-off, a mobile app and the trusted cleaning excellence of Tide. For more information about franchise opportunities, visit www.tidefranchise.com.