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Q: What does a Martinizing store cost?
A: The total investment for a typical Martinizing store is approximately $363,000 to $550,500. Of course, the type of facility, type of leasehold improvements, and the exact equipment package chosen will affect costs.
Q: What are the cash requirements?
A: We require that prospective franchisees have a minimum net worth of $250,000 (excluding personal assets such as furniture or cars) to be eligible for a single franchised unit. Approximately $125,000 of the net worth must be liquid assets, defined as those that can be converted to cash within 30 days.
Q: Is financing available?
A: Yes, we can assist you in obtaining financing either with your local sources or with one of the lenders with whom we work.
Q: Do I need prior dry cleaning experience?
A: No, while experienced people are welcome, prior knowledge of the dry cleaning industry is not required. Our training program is designed to prepare you for all aspects of managing and operating your Martinizing Dry Cleaning Franchise.
Q: What sort of training is provided?
A: The Martinizing training program is essential for all new Martinizing store owners and/or operating managers. It consists of both classroom and hands-on training. Typically, you will spend one week of training at International Headquarters in Loveland, Ohio (Cincinnati area) and approximately 60-80 hours of training at your Martinizing store.
Q: Can I be an absentee owner?
A: Yes, but it is our experience that it is best for the franchisee and their designated managing person to attend our training program and initially run the Martinizing operation.
Q: How do I find a location?
A: We take site selection very seriously. Stores must be located where there is a strong demand for your services. We provide you with site evaluation guidelines and consultation during your site search including in-depth demographic information. As a member of the International Council of Shopping Centers, we utilize site locators in selected markets and receive information on many prospective sites. In addition to our assistance, you may obtain help from a real estate broker, developer, or others experienced in site selection. Ultimately, you are responsible for making the final selection of a suitable site and submitting a site presentation package.
Q: How much money can I make?
A: Actual results vary from store to store and results of any particular new store cannot be predicted. However, we can provide you with the Financial Performance Representations in Item 19 of the Franchise Disclosure Document. We also encourage you to talk to Martinizing Franchisees. You might also consult industry publications, the SBA, Dun & Bradstreet and other independent sources.
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