What is Magic Touch?
Magic Touch Corporation, established in 1984 and based in Jonesboro, AR, is a diversified family-owned business with a dual focus on property rentals and dry cleaning services. The company offers a comprehensive range of rental properties, including apartments and houses, aiming to provide suitable accommodations for its clientele. Complementing its real estate ventures, Magic Touch operates multiple dry cleaning locations, emphasizing customer convenience with accessible hours and a commitment to service excellence. This strategic combination of services has cemented its strong local presence and reputation over decades of operation.
How much funding has Magic Touch raised?
Magic Touch has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Magic Touch
PPP
Public-Private Partnership
What's next for Magic Touch?
The recent large-scale, late-stage funding, characterized as a major strategic investment, positions Magic Touch for accelerated growth and operational enhancement. This capital injection is expected to fuel strategic initiatives, potentially involving the expansion of its property portfolio, modernization of its dry cleaning facilities, or entry into new geographic markets. The company's established operational history and commitment to customer service provide a solid foundation for leveraging this new financing to achieve its next phase of development and market penetration.
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