Lapels Dry Cleaning

* Retail Store ~ As a Lapels Dry Cleaning Store Owner, all the work and worry of cleaning and processing garments is left to the experienced professionals. Your time will be devoted to providing the best in customer service while building long term relationships with your customers. Our corporate team will assist you in negotiating with professional Garment Care Specialists to do all of your processing off site.
* Earth Friendly Plant ~ Combine a retail store with your own plant to process your garments & those of other stores. In some areas we have Lapels stores anxiously awaiting your opening. And the best part is that you are operating an environmentally friendly dry cleaning plant. This is better for you, your employees, your customers and your landlord.
* Area Developer ~ The Lapels Area Developer Program is designed to enable the serious investor to dominate an exclusive geographic territory by building a main processing plant and a minimum of three additional satellite retail units and on delivery route. This program will guarantee consistency in quality and service throughout your territory beginning in the main processing plant. Additionally you will be able to offer a home delivery service throughout your territory, seek out major corporate accounts by offering an employee benefit and perform guest services for hotels.

All of our programs consist of territory configuration or site selection, layout and design, point of sale system with proprietary software, equipment, installation, signage, supplies, marketing and training.

Background

Year Established: 2000
Year First Franchised: 2001
Franchised Units: 38 opened and operating and 11 being built
Company Owned Units: 0
Projected New Units (12 months): 15
States/Countries Registered in: of the 16 registered required states we are registered in N.Y, CA., WA, TX, R.I., and Michigan
Availability in Canada: Master
States, from which Referrals not being accepted: Maryland, Virginia, Illinois, Indiana, Hawaii, Nebraska, Kentucky, Minnesota, North Dakota, South Dakota, and Wisconsin

Financial/Terms

Plant
Cash investment: $40,000
Total investment: $84,833 - $115,467
Minimum Net Worth:$100k
Franchise Fee: $20k
Retail
Cash investment:$90.000
Total investment:$$274,363 - $435,914
Minimum Net Worth:$250k
Franchise Fee: $30k

Area Developer
Cash investment:$210,000
Total investment:$520,000
Minimum Net Worth: $500k
Franchise Fee: $78k

VetFran Program Participant: Yes
Discounts: VetFran / $3000 off the franchise fee for Veterans
Royalty: Fixed royalty of $100.00 per week for all franchisees
Ad: 0
Average # of Employees: 2 - 8
Passive Ownership Allowed: Yes
Earnings Claims: No

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