Lapels Franchise Review
Lapels is graded based on our most recent research.
Franchise FactsLapels businesses are full-service, environmentally friendly, Dry Cleaning Plants and Satellite Dry Cleaning Stores. Each type of business offers a full range of services including dry cleaning and shirt service and which may also include tailoring, shoe repair, wedding gown and fur storage, suede and leather processing, and other ancillary services.
How much does a Lapels franchise cost?Lapels has a franchise fee of up to $50,000, with a total initial investment range of $391,031 to $710,122.
- Initial Franchise Fee: $25,000 to $50,000
- Total Investment: $391,031 to $710,122
- Working Capital: $20,000 to $140,000
- Royalty Fee: 5.0%
The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much does a Lapels franchise make?As with any business, profits from a Lapels franchise depend on a variety of factors. Typically, profits are proportionate to the size of investment. Demand for your products, labor costs, commercial lease rates and a number of other variables also play a huge role in your bottom line. For system-specific data, unlock this franchise.
How many franchise locations do they have?As of the 2020 Franchise Disclosure Document, there are 98 franchised Lapels locations in the USA.
Are there any Lapels franchise opportunities near me?Based on 2020 FDD data, Lapels has franchise locations in 2 states. The largest region is the Northeast with 41 franchise locations.
This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2020
Lapels Franchise Stats
$391,031 - $710,122
$25,000 - $50,000
Franchisee Outlet Growth
# of Franchised Outlets
Do they provide any initial training and opening assistance?Yes, they have an initial training program of 133 hours. This includes 10 hours of classroom training and 123 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.