Total investment:

$ 82,502

Franchise fee:

$ 30,000

Royalty fee:

5%

Marketing fee:

$ 0

Number of franchises

Return

Time period

Revenue:

$ 12 000*

* Calculator calculations are provisional, not guaranteed

MAIN INFORMATION

Year founded: 2000

Franchise since: 2001

Company owned units:

Franchise owned units: 92

Total number of units:

Number of employees per unit: 4

Contract period: 60 month

FRANCHISE ONLINE

WEBSITE

Lapels Dry Cleaning offers a full line of services including Dry Cleaning, Shirt Laundry, Wedding Gown Heirlooming, Leather and Suede Cleaning and much more. The company was founded in Hanover, Massachusetts in 2000. They also provides franchise opportunities. As of 2018, the company operates 92 franchises in the United States.

On-The-Job Training: 123 hours
Classroom Training: 10 hours

Ad Royalty Fee: 2% Net-worth Requirement: $100,000 – $500,000
Liquid Cash Requirement: $80,000 – $250,000


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