DESCRIPTION:
When you invest your hard-earned dollars, you want to select a business
that is not greatly affected by fluctuations in the economy. Dry Cleaning
is an industry that has proven it can weather the inevitable fluctuations of
the economy far better than many other industries.
Lapels® Dry Cleaning is ranked as one of the Top 10
fastest growing franchises in New England by the New England Franchise Association.
Lapels offers several options for Franchisees to join this excellent franchise system:
Lapels Express
Protected pick-up and delivery route
Lapels Single Unit Retail Store
Own operate and grow a single Franchise Store
Lapels Multi-Unit Store Package
Build a small chain of franchise stores.
Lapels Environmentally Friendly Dry Cleaning Store
Provide cleaning services to our franchisees
NEW: Area Developer
Develop and manage a territory of 1 centralized plant and
3 to 5 retail stores along with a delivery route.
The Lapels Franchise program offers the stability and success
of a nationally recognized brand name.
A Lapels franchisee directly benefits from more than 45 years
of experience within its corporate team. We provide excellent
training, operating procedures, marketing programs, site selection
expertise, and other support services.
The Lapels Franchise Advantage:
- High Success Rate
- On going Support and
Training
- Group Purchasing
- Co-operative
Advertising
- Exclusive Territories
- No Industry Experience
Necessary
- Site Selection
Assistance
- Lease Negotiation
Assistance
- Comprehensive training up to 2 weeks depending on your needs
From $10k cash investment for an Express, $32k cash investment
for a retail unit, up to $208K cash investment for an area developer,
Lapels offers a wide range of investment options.
BACKGROUND
- Year Established: 2000
- Year First Franchised: 2001
- Franchised Units: 34 opened and operating and 10 being built
- Company Owned Units: 0
- Projected New Units (12 months): 32
- States/Countries Registered in: of the 16 registered required
states we are registered in N.Y., Calif., Washington, Texas, R.I., Michigan
- Availability in Canada: Master
- Applications not being accepted in the following states:
Maryland, Virginia, Illinois, Indiana, Hawaii,
Nebraska, Kentucky, Minnesota, North Dakota, South Dakota, and Wisconsin
FINANCIAL/TERMS
Express
Cash Investment: $10k
Total Investment: $36,687
Min. Net Worth: $40k
Franchise Fee: $20k
Retail
Cash Investment: $31,643
Total Investment: $67,283
Min. Net Worth: $100k
Franchise Fee: $20k
Area Developer
Cash Investment: $208,111
Total Investment: $511,703
Min. Net Worth: $500k
Franchise Fee: $78k
Plant
Cash Investment: $85,164
Total Investment: $252,863
Min. Net Worth: $250k
Franchise Fee: $30k
Financial Assistance provided: 3rd Party
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-operative Advertising: Yes
SUPPORT & TRAINING PROVIDED:
Financial Assistance Provided: 3rd Party
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-Operative Advertising: Yes
Training begins in our corporate offices in Hanover, Ma for 1 day,
continues in a live store for 1 week and continues in the franchisee store for
3 days to 1 week. o Training includes Lapels policies, customer service,
marketing, employees and employee training, POS operations and store operations
and managing your business. Plant training also includes one week on site dry
cleaning and finishing operations
CONTACT: Please
fill out the form below to recieve more information
today!
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