Lapels Dry Cleaning
Lapels Dry Cleaning franchises provide environmentally friendly dry cleaning and laundry services through four business models: full-service Dry Cleaning Plants, Satellite Stores, Pick Up and Delivery (Lapels Delivers), and Laundromats. Services include dry cleaning, shirt service, laundry, tailoring, shoe repair, wedding gown storage, and other ancillary services, with some processing sub-contracted to approved professionals. The target market is the general public seeking professional dry cleaning and laundry services in a competitive market influenced by seasonality, climate, demographics, and economic conditions.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
6% royalty + 2% ad fund + $1,000/mo technology fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 77 franchised units (16 Plant/Satellite combo units, 33 Plant Only units, 28 Satellite Only units) from the 'Sales Metrics' table on page 2. These units were open at least 2 years as of December 31st, 2024, and report using the standard Point of Sale software.
* Weighted average gross revenue per unit was calculated from the 'Sales Metrics' table on page 2. The sample includes 8 'Plant Plus Satellite' enterprises (representing 16 units: 8 Plant and 8 Satellite), 33 'Plant Only' units, and 28 'Satellite Only' units, totaling 77 franchised units. For 'Plant Plus Satellite' enterprises, the average enterprise revenue of $812,377.05 was divided by 2 to get an average per unit of $406,188.525. The overall weighted average is: (16 units * $406,188.525 + 33 units * $422,081.54 + 28 units * $308,489.91) / 77 units = $377,473.05. Weighted average median gross revenue per unit was calculated similarly: (16 units * ($688,694.33 / 2) + 33 units * $404,844.77 + 28 units * $280,522.84) / 77 units = $347,065.86. Net Controllable Income is reported as 44.15% but is explicitly stated to exclude significant expenses like rent, taxes, interest, depreciation, and amortization (Notes 13 on page 4-5). Therefore, it cannot be used as average net income, net profit, or EBITDA, and no reliable best-guess profit range can be estimated from the provided data without further expense information.
Extracted Item 19 Section
How Lapels Dry Cleaning Compares to Other Cleaning Services Franchises
Key Insights
- Higher investment than 92% of Cleaning Services franchises
- Lower than average SBA loan default rate in Cleaning Services
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Lapels Dry Cleaning Current | $427K - $777K | $60K | 6.0% | 81 |
| THE MAIDS | $82K - $160K | $57K | 6.9% | 1,517 |
| THE MAIDS | $118K - $141K | $60K | 6.9% | 1,472 |
| Chem-Dry | $119K - $265K | $36K | 7.0% | 1,099 |
| MERRY MAIDS | $127K - $170K | $55K | 7.0% | 802 |
| OpenWorks | $4K - $134K | $25K | 15.0% | 615 |
Cleaning Services Average 72 franchises | $187K - $374K | $45K | 7.1% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 72 Cleaning Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+2 more states
SBA Loan History
Historical SBA 7(a) loan data for Lapels Dry Cleaning franchisees (2010 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
Breach of contract, termination/abandonment, and unpaid fee collection disputes with former franchisees Maria and Egidio Barros.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Lapels Dry Cleaning franchise?
The total initial investment to open a Lapels Dry Cleaning franchise ranges from $426,748 to $777,300. This includes a franchise fee of $60,000. Ongoing royalty fees are 6.0% of gross sales.
How much revenue does a Lapels Dry Cleaning franchise make?
According to the 2025 FDD, the average gross revenue for a Lapels Dry Cleaning franchise is $377,473.05. The median revenue is $347,065.86.
How many Lapels Dry Cleaning franchise locations are there?
As of the 2025 FDD, Lapels Dry Cleaning has 81 franchise locations. The company has been franchising since 2000.
Can you get an SBA loan for a Lapels Dry Cleaning franchise?
Yes, SBA loans are available for Lapels Dry Cleaning franchises. Historical data shows 32 SBA 7(a) loans have been approved for Lapels Dry Cleaning franchisees, with an average loan amount of $382,972. The historical default rate is 12.5%.
Is Lapels Dry Cleaning a good franchise to buy?
Lapels Dry Cleaning shows several positive indicators: transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
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