What does a Lapels Dry Cleaning Franchise Cost?
Lapels Dry Cleaning franchise fees for 2023:
Cash Investment: $100,000.00
Total Investment: $350,000.00 - $550,000.00
Minimum Net Worth: $350,000
Franchise Fee: $25,000
Royalty: 5%
Ad: Average Number of Employees: 6-10
Passive Ownership: Yes
Home Based: No
B2B: No
Master Franchise Opportunities: Internationally Only
Is Lapels Dry Cleaning a Semi Absentee Franchise with a Passive Ownership Opportunity?
Yes. Lapels Dry Cleaning is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
Is Lapels Dry Cleaning a Home Based franchise?
No. Lapels Dry Cleaning is not a home based franchise opportunity.
What Do Lapels Dry Cleaning Franchise Owners Make?
Click here to find out how much Lapels Dry Cleaning franchisees make. Lapels Dry Cleaning offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is Lapels Dry Cleaning a Master Franchise Opportunity?
Yes. Lapels Dry Cleaning is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.
Does Lapels Dry Cleaning Offer a Veteran Discount?
Yes. Lapels Dry Cleaning franchise does offer a veteran discount.
Does Lapels Dry Cleaning Work with E2 Visa and EB-5 Visa Candidates?
No. Lapels Dry Cleaning franchise does not work with E2 Visa and EB-5 Visa candidates.
Is Lapels Dry Cleaning Looking for Franchisees in Canada?
Yes. Lapels Dry Cleaning franchise is looking for Canada franchisees.
Is Lapels Dry Cleaning Looking for International franchisees?
Yes. Lapels Dry Cleaning franchise is looking for International franchisees.
Where can I see Lapels Dry Cleaning's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.