Comet Cleaners vs Martinizing Dry Cleaning Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Comet Cleaners vs Martinizing Dry Cleaning including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Comet Cleaners Franchise
Martinizing Dry Cleaning Franchise
Investment $79,000 - $624,000$419,650 - $730,525
Franchise Fee $15,000$69,500
Royalty Fee 06%
Advertising Fee -1%
Year Founded 19471949
Year Franchised 19671949
Term Of Agreement 5 years20 years
Term Of Agreement 5 years20 years
Renewal Fee -$1K


Business Experience Requirements

 
Comet Cleaners Franchise
Martinizing Dry Cleaning Franchise
Experience
  • General business experience

  • General business experience

  • Financing Options

     
    Comet Cleaners Franchise
    Martinizing Dry Cleaning Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/No
    Start-up Costs No/YesYes/No
    Equipment No/YesYes/No
    Inventory No/YesYes/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support

     
    Comet Cleaners Franchise
    Martinizing Dry Cleaning Franchise
    Training - On-The-Job Training: 120 hours Classroom Training: 40 hours Additional Training: At existing franchised plant
    Support Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicksAd Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

    International franchisees required to buy multiple units/master licenses; 25% 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)


    Expansion Plans

     
    Comet Cleaners Franchise
    Martinizing Dry Cleaning Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Comet Cleaners

    R.L. (Jack) Godfrey founded the original Comet Cleaners in 1960. Today, the family-run company, under the direction of Godfrey's son and grandson, has over 300 location in the United States and Mexico providing one-hour dry cleaning services.
    We will:
    • Enroll you in our comprehensive training course which teaches the essentials of dry cleaning operations and business management.
    • Assist you in laying out the store so you can make the most out of your space.
    • Send experienced technicians to install your equipment.
    • Provide guidelines on marketing your store. You will also have the advantage of using the nationally recognized Comet Cleaners name.
      While we are honored to help our veteran franchisees get their start, the dedication and hard work they give back exceeds tenfold. We encourage veterans to apply not only because we value their service and skills, but because we know that they have the potential to take Comet Cleaners to new heights.

    Seeking new franchisees in the following : Arkansas, Arizona, Colorado, Florida, Georgia, Idaho, Kansas, Kentucky, Missouri, New Mexico, Nevada, Ohio, Oklahoma, Tennessee, Texas, Utah and Mexico

    Veterans discount   $10,000 discount on the initial franchise fee




    About Martinizing Dry Cleaning

    Martinizing Dry Cleaning franchise is well suited for individuals who typically want to develop multiple units. They wish to work on their business rather than in their dry cleaning business
    Territory
    Single and exclusive multi-unit development areas are available to develop upscale full-service plants, satellite stores, and route service.
    Investment
    The typical total investment for a Martinizing Dry Cleaning business is $385,000 of which 75% may be financed.
    Advantages
    You do not need to invent this solid, recession resistant business. We’ve helped hundreds of individuals just like you achieve their dreams in the incredibly stable dry cleaning business.
     Time Frame
    The typical time to open your first dry cleaning store after acceptance of your site is 3 to 6 months.
     Financial Requirements
    Net worth of $400,000 with liquid assets of $125,000
     Franchisee’s Initial Role
    Initially you will manage a few employees (typically 4-5) and focus on providing the ultimate in quality and customer service in growing the business.
     Franchisee’s Long Term Role
    Shortly after opening store one you will begin networking within the market and initiate further growth through additional plants, satellite stores, and route services.

    Veteran Incentives  $5,000 off franchise fee

    "Entrepreneur
    #332 in Franchise 500 for 2020.