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Lapels Dry Cleaning
962 Washington St.
Hanover, MA 02339
800#: (866) 695-2735
Tel: (781) 829-9935
Fax: (781) 829-9546
E-Mail: [email protected]
Web Site: www.lapelsdrycleaning.com
Contact: Ms. Laura Hurley, Franchise Administrator
LAPELS is absolutely the best business opportunity available today. We provide you with a complete, turn-key dry cleaning retail store, stocked with supplies and ready to go, as well as full training and on-going support. No experience necessary, all work is processed off-site. No expensive equipment or hazardous chemicals required. The total price of $57,700 includes site location, signage, customer counters, conveyor system, computers, marketing supplies and more.
Franchisor Background
Established: 2000
First Franchise: 2000
Franchise Units: 21
Company-Owned Units: 0
Total Units: 21
Distribution:
U.S. -- 21;
Canada -- 0;
International -- 0
-North America -- Operations in 5 States
-States/Provinces with Greatest Density: 16 in MA, 2 in NH
Projected New Units Over Next 12 months: 48
Franchisee Qualifications: 3, 2, 1, 1, 3, 3
(Click here for an explanation)
Registered in Following Registration States: CA,FL,NY,RI,WA (Click here for an explanation)
Average Number of Employees: 2-3 PT (FT = Full Time, PT = Part Time)
Space Needs: 800-1,000 SF; FS, SF, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $NR
Total Investment: $57.7K
Average Total Investment: $57.7K
Minimum Net Worth: $80K
Fees:
-Franchise: $20K
-Average Franchise Fee: $20.0K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: 0%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements: Yes/10
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 6
On-Going Support: A,B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 10 Days Massachusetts; 2-4 Days New Location (Franchisee).
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: No
Note: NR = No Response by Franchisor.
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