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Martinizing Dry Cleaning

2012 Franchise 500
#278
At a Glance

Products & Services: Dry cleaning & laundry services

Number of Locations: 457

Total Investment: $368.6K - 573.5K

Founded: 1949

Began Franchising: 1949

Private Owned

About Martinizing Dry Cleaning

Founded in 1949 by Henry Martin, Martinizing Dry Cleaning offers quick, on-premises dry cleaning. The company has opened locations across the United States and worldwide.

Franchise Units

Year U.S. Canadian International Company Owned
2011 238 11 208 0
2010 249 12 219 0
2009 279 14 219 0
2008 297 14 237 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $368,600 - $573,500
Franchise Fee: $40,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $125,000
Operations
38% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2 - 4. Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 2 weeks. Annual conference, webinars
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations,
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,
Other marketing support: Field marketing visits & consultations

Franchise Ranking History

Franchise 500®: #278 (2012), #294 (2011), #319 (2010), #200 (2009), #279 (2008),
America's Top Global: #154 (2009),