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.