Lapels Dry Cleaning
Yes, we actively support the inclusion and development of minority-owned franchises in the Lapels Dry Cleaning system.
Lapels Dry Cleaning
962 Washington St.
Hanover, MA 02339
800#: (866) 695-2735
Tel: (781) 829-9935
Fax: (781) 829-9546
E-mail: lhurley@lapelsdrycleaning.com
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:
> North America -- Operations in 5 States
> States/Provinces with Greatest Density: 16 in MA, 2 in NH
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 2-3 PT (FT = Full Time, PT = Part Time)
Space Needs: 800-1,000 SF; FS, SF, SC
(for abbreviations click here)
Financial Requirements
Cash Investment: $NR
Total Investment: $57.7K
Average Total Investment: $57K
Minimum Net Worth: $80K
Fees
>Franchise: $20K
>Average Franchise Fee: $20K
>Royalty: 5%
>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
Cooperative Advertising: Yes
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 6
On-Going Support: A,B,C,D,E,F,G,H,I (for an explanation click here)
Training: 10 Days Massachusetts; 2-4 Days New Location (Franchisee).
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
|
New
Search: Alphabetical
| Industry
Type | Avg
Total Investment | Avg
Franchise Fee | Total
Units
|
|