Laundry & Dry Cleaning Franchise Review
Laundry & Dry Cleaning Franchise Opportunity - Laundry & Dry Cleaning Franchise Business for Sale
Martinizing Dry Cleaning
Martinizing is the most recognized name in dry cleaning with approximately 500 units worldwide. In 1949, Martinizing pioneered the concept of fast, efficient, on-premises dry cleaning and, to this day, is a cut above the competition in service, quality and reputation. Martinizing offers single or exclusive multi-unit territories. Approximately 30% of franchisees own 70% of the system units. No previous dry cleaning experience is needed; franchisee training program is provided. A state-of-the art equipment package and environmentally friendly cleaning processes are offered. Assistance is available for third-party financing, site selection and marketing.
BACKGROUND
Established: 1949
1st Franchised: 1949
Franchised Units: Approximately 500 worldwide
Company Owned Units: 0
Projected New Units (12 Months): 30
Registered: All States
FINANCIAL/TERMS
Cash Investment: $125K liquid
Total Investment: $363K to $550,500
Minimum Net Worth: For multi-units $500K ($250,000 in liquid assets)
For single-units $250K ($125,000 in liquid assets)
Franchise Fee: $35K
Royalty: 4%
Adv: 0.5%
Average Number of Employees: 2 FT, 4 PT
Passive Ownership: Discouraged
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