Martinizing Dry Cleaning

Martinizing Dry Cleaning

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Martinizing Dry Cleaning
#371

Initial Investment

LOW: $516,183
HIGH: $705,600

Change in Units

-4.1% -17 UNITS (1 Year)
-2.2% -9 UNITS (3 Years)

Company Profile

Founded

1949

Franchising Since

1949 (68 Years)

Corporate Address

2060 Coolidge Hwy. Berkley, MI 48072

CEO

Wayne Wudyka

Parent Company

Martinizing Int'l. LLC

About Martinizing Dry Cleaning

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

Financials

Financial Requirements

Initial Investment

$516,183 - $705,600

Net-worth Requirement

$500,000

Liquid Cash Requirement

$150,000

Ongoing Fees

Initial Franchise Fee

$69,500

Ongoing Royalty Fee

5%

Ad Royalty Fee

1%

Financing Options

Martinizing Dry Cleaning has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment

Veteran Incentives


$5,000 off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
Franchisor is seeking new units in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: 10 days

Training at headquarters: 10 days

Additional Training: At existing franchised plant

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 2 - 4

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 6th, 2016

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