PARTNERSHIPS
FRANCHISING
01.
About Tipsy Tie Dye
The first Tipsy Tie Dye opened its doors for friends, families and fun in 2021, in Hoboken, NJ. We spent years refining our business model and diversifying our program structure to share our love of customized entertainment with the greater community. Operating these facilities has given us great joy and we have slowly developed a formula for success. In 2023, we were ready to share our successful business model with like-minded entrepreneurs through franchising, marking a new era for the experiential market.
Tipsy Tie Dye operates under the idea that anyone in the world can learn how to tie dye and customize clothing, whether they are 5 or 75 years old. We operate facilities that offer a welcoming environment with varied custom elements providing something that fits all skill levels from a first-time tie dyer to an accomplished professional.
Every year we introduce the excitement and ease of tie dye party fun to thousands of new people and bring our well-rounded programming of parties and events to new communities. The Tipsy Tie Dye team is excited about the future and can’t wait to share our passion for tie dye with you and the world, one location at a time.
02.
About Ownership
Since opening our first facility in 2021 we have honed our programming and facility operations into a business model we are excited to share through franchising. Here are some common questions and answers we are often asked by prospective franchisees.
What sort of space do you look for to build these stores?
We open facilities in buildings with an average of ~1,000 sq. ft. Ideally the location would be near heavy foot trafficked areas, near public transport or easily travelled to, and near other stores or restaurants of interest to the area. Finding the right location is the 1st critical part of operating a successful Tipsy Tie Dye. Throughout the process, our team will be beside you for every step of the location search.
What does it cost to build out one of these stores?
The initial startup costs range from $164,150 - $285,200 which includes the initial franchise fee for a ten year term. The included Franchise fee of $45,000 gives you access to industry leading discounts, business plan and pro-forma estimates for financing, and covers the initial training and guidance from our team, as we take you through the entire process from signing a franchise agreement to building out and opening your facility.
How much money can I make?
Making money is a key factor in your decision to join our team. How profitable each franchise becomes will depend on its specific location and how successful the owners are in implementing and following Tipsy Tie Dye’s system. Our Franchise Disclosure Document (FDD) which will be shared with qualified candidates as guidance and benchmarking for how Tipsy Tie Dye studios operate and generate income!
How much money do I need to be considered a qualified candidate?
We are a family business and are first and foremost looking for quality people. Ideally we are looking for candidates who have around $50,000 in liquid capital available for investing and a net worth of around $250,000. Most of our franchisees will finance a portion of the initial start-up costs to build a facility. Tipsy Tie Dye Franchising LLC does not offer financing directly to our franchisees, but we do work with 3rd party lenders, and provide financial guidance to make the loan process as seamless as possible.
Do I have to be an experienced tie dyer?
No! Tipsy Tie Dye does not limit our business opportunity solely to experienced dyers. If you are open to learn, we are open to teach! It’s more important to have a motivated and qualified owner who will foster a welcoming environment where we invite anyone who wants to tie dye to try it.
03.
Training & Support
Bringing together over 30 years of experience, the Tipsy Tie Dye Franchising team has put together a training program which prepares our franchisees for success. The program is designed to teach our operators the ins and outs of owning and operating a Tipsy Tie Dye studio. Through both classroom time and hands on learning we cover topics including: business strategy, personnel, tie dye, computer systems, customer satisfaction, safety, operations, finance, marketing, inventory management and more.
Throughout the build out process and opening of your facility, you will have the guidance and support of our experienced team with you every step of the way. Utilizing site visits, progress reports, and our Operations Manual, our team will join you in finding the answer to any question that comes up. After you open your facility, we have a system in place to support you by providing marketing materials, programming support tools, and more. We work hard to provide the personalized support you need as you build and operate your business.
04.
Why Tipsy Tie Dye & Next Steps
Knowledge – Experience – Leadership – Partnerships
Starting a business can be daunting, especially one as complex as a curated event business with endless custom options. Our industry proven track record takes the guesswork out of the process. Our market knowledge and experience can be the difference between success and failure in your operation. By using our guidance, business plan, and expertise, your new franchise will immediately gain validity with lenders and landlords.
Utilizing preferred vendors and our industry partnerships can save you thousands on upfront costs. Tipsy Tie Dye’s strong leadership has created a proven model for success. All of this adds up to one thing, VALUE. Our value proposition is the best in the industry and we look forward to working together with you to make it even more successful!
Build-Out Process
Building an indoor event business can be complicated, so why do it alone? With Tipsy Tie Dye, once you join as a franchisee, you are part of the team! From site selection to securing funding, from choosing a contractor to designing the facility, from ordering your opening inventory to preparing to train your staff, our team will be there supporting you every step
of the way.
What are the next few steps?
1. Contact us by filling out the web form.
2. Speak with us directly so we can learn more about each other.
3. GET QUALIFIED, by completing our financial application.
4. Qualified candidates will be selected and given the opportunity for further due diligence with our FDD (Financial Disclosure Document) and then invited to our facilities for a Discovery Day to meet us in person and see firsthand what Tipsy Tie Dye is all about.
Once you have decided that this is the right business opportunity for you, we welcome you to join The Tipsy Tie Dye team!
05.
Contact Us
Sunday: 12:00 PM - 6:00 PM
Monday: Closed
Tuesday: 12:00 PM - 6:00 PM
Wednesday: 12:00 PM - 10:00 PM
Thursday: 12:00 PM - 10:00 PM
Friday: 12:00 PM - 10:00 PM
Saturday: 12:00 PM - 10:00 PM