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Martinizing Dry Cleaning

2014 Franchise 500
#396
At a Glance

Products & Services: Dry cleaning and laundry services

Number of Locations: 406

Total Investment: $305K - $617.5K

Founded: 1949

Began Franchising: 1949

About Martinizing Dry Cleaning

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

Franchise Units

Year U.S. Canadian International Company Owned
2013 202 8 196 0
2012 228 11 219 0
2011 228 11 219 0
2010 238 11 219 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $305,000 - $617,500
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
41% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2 - 4. Absentee ownership of franchise is allowed..
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 prior to opening. At existing franchised plant : 1-2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation

Franchise Ranking History

Franchise 500®: #396 (2014), #288 (2013), #278 (2012), #294 (2011), #319 (2010),
America's Top Global: #111 (2013),