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Lapels Dry Cleaning
Lapels Dry Cleaning brands itself “the future of dry cleaning”. The company offers the usual array of dry cleaning services like general dry cleaning, laundering, wedding dress preservation, suede cleaning, leather cleaning, tailoring, alterations, shoe repair, fur cleaning, and rug cleaning. To expand business further, Lapels Dry Cleaning offers express pickup and delivery service for individuals and businesses with dry cleaning needs. Customers become regular customers when they do not need to even leave their homes to obtain your services.
Facts & Figures
Liquid capital required
Net worth required
$65,008 - $455,111
Units in operation
Lapels Dry Cleaning seeks franchisees with management and sales experience, as well as a drive to succeed. For wealthier investors with a firm understanding of the dry cleaning business, multiple units are available. Franchisees have the benefit of receiving training and ongoing support in the form of computer software, reliable contact with corporate employees, and periodic meetings.
Lapels Dry Cleaning Franchise Opportunities - History
Lapels Dry Cleaning, a privately owned company, first opened in 2000 and began franchising just one year later. Currently, there are about 40 Lapels Dry Cleaning locations around the country, with all of them being owned by franchisees. Though absentee ownership is permitted, all owners operate their own businesses.
Lapels Dry Cleaning Franchise Cost / Initial Investment / Lapels Dry
Cleaning Franchise Income
Lapels Dry Cleaning has a franchise fee of $15,000 to $25,000 for a 10-year renewable agreement, although the total initial investment for a Lapels Dry Cleaning runs between $65,008 and $455,111. Financing assistance is available through a third party loaner. To become a franchisees, interested parties must have a net worth that exceeds $100,000, with at least $40,000 available in liquid assets.
Lapels Dry Cleaning Business Opportunities: Other Information
Lapels Dry Cleaning puts a huge emphasis on maintaining a business with an environmental conscience. The company uses a solvent that is not toxic, breaks down naturally, treats clothing gently, and is extremely safe. Furthermore, Lapels Dry Cleaning recycles its hangars and garment bags.
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