Lapels
Environmentally friendly dry cleaning and laundry businesses offering full-service dry cleaning, shirt service, laundry, and related services such as tailoring, shoe repair, wedding gown and fur storage, and suede and leather processing through plant, satellite store, pickup-and-delivery, and laundromat formats.
Your franchise match score
Maintenance & Cleaning Services
Brand highlights
- CEOKevin A. DuBois
- Headquarters711 5th Avenue South, Naples, FL, 34102
- Year founded2018
- Year started franchising2000
- IndustryMaintenance & Cleaning Services
- Locations open83 (-2 last three years)
Statistics & metrics
- Investment range$391,281 - $730,122
- Franchise fee$50,000
- Royalty6% of Gross Revenue
- Brand fundBrand Development Fee of two percent (2%) of Gross Revenue
- Required Liquid CapitalN/A
- Required Net WorthN/A
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-04-26
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Lapels, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Lapels franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Lapels franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Lapels franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Lapels. | |
| Financial Performance Representations | Review any financial performance information Lapels provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 83 |
| Franchise locations | 83 |
| Corporate locations | 0 |
System growth over time
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