About Lapels Dry Cleaning
- Scalable business model - Multiple revenue streams – Plant, Satellite, Delivery, 24/7 Lockers and on demand - No inventory and under 5% cost of goods
Lapels has created a brand new experience for the Dry Cleaning Customer. Lapels stores are clean, technologically advanced and offer our customers an efficient and pleasant way to take care of their dry cleaning needs. For Potential Lapels owners Lapels offers a fantastic business opportunity that features solid return on investment, operating margins and is recession resistant. Dry Cleaning is not a fad...it's been around forever and continues to grown despite the economy. Our Hub & Spokes business model offers operators to build an Environmentally Friendly Plant and then strategically add Satellite Stores that continue to feed the plant and increase net margins.
Ideal candidate
FDD facts
| Initial franchise fee | $60K |
| Royalty | 6% |
| Total investment | $41K - $777K |
| Liquid capital required | $125K |
| Net worth requirement | $350K |
| Year founded | 2000 |
| Year began franchising | 2000 |
| Business model | Both |
| Owner-operator required (Year 1) | No |
