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.
Lapels has the franchise fee of up to $30,000, with total initial investment range of $86,502 to $710,122.
Initial investments: $86,502 - $710,122
Net-worth Requirement: $100,000 - $500,000
Liquid Cash Requirement: $80,000 - $250,000
Initial Franchise Fee: $20,000 - $30,000
Ongoing Royalty Fee: 5%
Ad Royalty Fee: 2%
On-The-Job Training: 123 hours
Classroom Training: 10 hours
Number of Employees Required to Run: 4
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