Lapels Dry Cleaning
Franchising since 2000 · 34 locations
The total investment to open a Lapels Dry Cleaning franchise ranges from $257,150 - $496,400. The initial franchise fee is $50,000. Ongoing royalties are 6% plus a 1% advertising fee. Lapels Dry Cleaning currently operates 34 locations (34 franchised). The top SBA 7(a) lenders for Lapels Dry Cleaning are CRF Small Business Loan Company, LLC, Southern Bank and Rockland Trust Company. PeerSense FPI health score: 48/100. Data sourced from the 2026 Franchise Disclosure Document.
$257,150 - $496,400
$50,000
34
34 franchised
Proprietary PeerSense metric
FairActive capital sources verified for Lapels Dry Cleaning financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
Established (25-99 loans)
SBA Lending Performance
SBA Default Rate
13.6%
6 of 44 loans charged off
SBA Loans
44
Total Volume
$13.9M
Active Lenders
22
States
13
Top SBA Lenders for Lapels Dry Cleaning
What is the Lapels Dry Cleaning franchise?
Navigating the expansive landscape of franchise opportunities can present a significant challenge for prospective investors, who often grapple with the crucial decision of aligning their capital with a brand that offers both robust financial prospects and a sustainable, forward-looking business model. The core problem for many is identifying a franchise that not only meets their investment criteria but also operates within an industry resilient to economic fluctuations and aligned with evolving consumer values. Lapels Dry Cleaning emerges as a prominent contender in the dry cleaning industry, addressing these investor concerns through its established commitment to environmentally friendly practices and superior garment care, positioning itself as a strategic guide for entrepreneurs seeking a purposeful and profitable venture. The company was founded in 2000 in Hanover, Massachusetts, with the explicit goal of pioneering the first environmentally friendly dry cleaning franchise available, a vision that has profoundly shaped its operational ethos and market differentiation. Currently, Lapels Dry Cleaning is headquartered in Naples, Florida, reflecting its growth and strategic relocation. At the helm, Kevin DuBois serves as the CEO, guiding the brand's trajectory, while Michael Eisner holds the crucial role of VP of Franchise Development and Real Estate, overseeing expansion initiatives. As of the most recent database reports, Lapels Dry Cleaning maintains a total of 31 units, all of which are franchised, indicating a pure franchise model. However, other recent reports and sources indicate a broader operational scale, with mentions of 83 locations across the United States, "over 100 storefronts today," and "over 100 Lapels Dry Cleaning locations nationwide," with a specific count of 81 total units in 2024, including 2 new units opened in that year, showcasing dynamic expansion. This Lapels Dry Cleaning franchise operates across numerous U.S. states, including Arizona, California, Colorado, Connecticut, Florida, Louisiana, Massachusetts, Michigan, Mississippi, New Jersey, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, and Texas, demonstrating a significant domestic footprint. The company has also strategically expanded into new states such as New York, North Carolina, and Illinois, with additional locations actively planned for key markets like Boston, Massachusetts, and Latham, New York. Beyond its domestic growth, Lapels Dry Cleaning has articulated clear ambitions for international expansion, formalizing a consulting agreement with World Franchise Associates (WFA) in 2015 to explore and enter markets in the Middle East and Southeast Asia, with Dubai specifically identified as a target for its international debut. This global outlook underscores the brand's long-term growth strategy and its potential for international Lapels Dry Cleaning franchise investment opportunities. The total addressable market for the dry cleaning and laundry industry, which Lapels Dry Cleaning operates within, is substantial, generating approximately $9 billion in revenue in the near future and valued at USD 12.9 billion based on a five-year historical analysis, signifying a robust and essential service sector. For franchise investors, Lapels Dry Cleaning matters due to its clear competitive positioning as an environmentally conscious brand utilizing a 100% non-toxic cleaning process, coupled with a comprehensive service offering that includes dry cleaning, laundry, tailoring, alterations, and specialized garment care. This independent analysis from PeerSense provides a data-rich foundation, distinguishing itself from promotional marketing copy, to help investors make informed decisions about this Lapels Dry Cleaning franchise opportunity.
The U.S. dry cleaning and laundry industry represents a significant and growing market, projected to generate approximately $9 billion in future revenue and valued at USD 12.9 billion based on a five-year historical analysis, signaling a stable and expanding sector for franchise investment. This market growth is primarily driven by powerful consumer trends, including increasing urbanization, a rise in disposable income, and a growing demand for convenience, all of which create secular tailwinds benefiting a service-oriented business like Lapels Dry Cleaning. Within this broader industry, the coin-operated laundries market, a segment that Lapels Dry Cleaning has also ventured into, is experiencing substantial growth, expanding from USD 2.30 billion in 2025 to USD 2.48 billion in 2026, with a projected Compound Annual Growth Rate (CAGR) of 8.20% to reach USD 3.99 billion by 2032. Globally, the coin-operated laundries market size was estimated at USD 17.55 billion in 2022 and is expected to reach USD 35.84 billion by 2030, growing at a robust CAGR of 9.3% from 2023 to 2030, with North America dominating this market, holding over a 45.0% share in 2022. These figures highlight the significant and expanding market opportunity for the Lapels Dry Cleaning franchise model. Consumer trends further reinforce the demand for outsourced laundry tasks, with a compelling 70% of consumers prioritizing time-saving services, directly aligning with the convenience offered by dry cleaning and laundry services. Moreover, there is a rising awareness of fabric care, with 60% of consumers demonstrating increased consciousness regarding garment maintenance, underscoring the value of professional cleaning. The market has distinctly shifted towards eco-friendly practices, digital and on-demand app-based services, subscription models, and contactless pickup and delivery options, all areas where Lapels Dry Cleaning has either established a presence or has plans for integration. Analyzing service type distribution, Dry Cleaning & Specialty Garment Care accounts for the largest share at 40%, followed by Self-Service & Coin-Operated Laundry at 30%, and Wash & Fold Services at 20%, with Eco-Friendly & Organic Cleaning Solutions specifically accounting for 10% of the market. Brick-and-mortar laundromats and dry cleaners remain prominent, securing 55% of sales, while on-demand and app-based laundry services constitute a growing 30%. This industry category attracts franchise investment due to its inherent recession-resistant nature; people consistently require professional garment care, with the average U.S. household washing 8–10 loads of laundry each week and a growing percentage seeking third-party solutions for convenience. While macro forces such as increasing urbanization and demand for convenience create significant opportunities, the industry also faces challenges from casual workplace trends and evolving environmental regulations, alongside high operational costs, with average expenses reaching $1.5 million per establishment annually. The competitive dynamics appear to be fragmented at the local level, evidenced by the potential for converting "mom and pop" dry cleaning businesses, yet consolidation is actively occurring at the corporate level, as demonstrated by the formation of Clean Franchise Brands.
Prospective franchise investors often face agitation over the financial commitment required, including understanding the total Lapels Dry Cleaning franchise cost and ensuring transparency regarding all associated fees. The initial franchise fee for a Lapels Dry Cleaning franchise ranges from $25,000 to $50,000 for a 10-year renewable agreement, providing a clear entry point for entrepreneurs considering this Lapels Dry Cleaning franchise investment. This fee structure is a critical component of the overall Lapels Dry Cleaning franchise cost, reflecting the brand's established value and support system. The total initial investment required to open a Lapels franchise exhibits significant variability, ranging broadly between $42,000 and $730,000, with the specific amount heavily dependent on the chosen business model and geographic location. This wide spread allows for different levels of capital commitment, making the opportunity accessible to a diverse range of investors. More specific breakdowns for different operational models include a Lapels® Plant, which requires an investment between $391,281 and $730,122, or alternatively reported as $391,031 to $710,122. This comprehensive plant investment specifically includes a $50,000 initial franchise fee, a $7,000 initial training and site support fee, estimated travel and living expenses during training ranging from $250 to $2,000, real estate and prepaid rent/security/utility deposits from $0 to $15,000, leasehold improvements ranging from $0 to $160,000, and a substantial start-up supplies and equipment package costing between $293,851 and $329,062. For those interested in a smaller footprint, a Lapels® Satellite Store demands an initial investment between $91,752 and $211,212, or $91,502 to $206,212. The Lapels® Pick Up and Delivery Model offers an even lower entry point, with an investment range of $41,500 to $73,200, or $40,050 to $68,200 for the Lapels delivery service. Furthermore, the Lapels® Laundromat model requires an investment between $320,884 and $592,210. An attractive option for existing business owners is converting a "mom and pop" dry cleaning business, which can range from $30,000 to $250,000, depending on the necessary upgrades and rebranding work. These detailed investment ranges provide clarity on the various pathways to becoming a Lapels Dry Cleaning franchise owner. Regarding ongoing financial obligations, franchisees are subject to a royalty fee, which is stated as 8% of gross sales, though another source indicates a 6% royalty fee. Additionally, a contribution to marketing and advertising efforts is required through an ad fund fee, which is 2% of gross sales, or 3% of gross sales according to another source. These ongoing fees are crucial for understanding the total cost of ownership and ensuring sustained brand growth and support. The minimum liquid capital required to invest in a Lapels franchise is $100,000, although another source specifies $50,000, and a minimum net worth of $350,000 is also mandated, setting clear financial benchmarks for prospective franchisees. With its diverse investment models and ranges, Lapels Dry Cleaning offers opportunities that span from accessible, mid-tier entry points to more premium plant investments. The brand benefits from the corporate backing of Clean Franchise Brands, a new entity created in 2021 by CEO Kevin DuBois through the acquisition of several other dry cleaning franchises, including Martinizing, 1-800-Dry-Cleaning, Pressed 4 Time, Dry Cleaning Station, and Bizziebox, providing a robust parent company structure. While specific details on SBA eligibility or veteran incentives are not provided in the supplied data, the established nature of the franchise and its various models suggest potential avenues for financing exploration.
The operating model for a Lapels Dry Cleaning franchise is designed for efficiency and scalability, offering comprehensive support to its franchisees from initial setup through ongoing operations. Daily operations within a Lapels Dry Cleaning franchise are structured to be managed by a small, easily trained staff, significantly reducing the complexity and demands of the labor model. This design means that prior dry cleaning experience is not a prerequisite for prospective owners, broadening the appeal of the Lapels Dry Cleaning franchise opportunity. The business model is also characterized by low labor costs, contributing to a more favorable operational overhead for franchisees. Lapels Dry Cleaning offers a flexible business model with various format options, allowing franchisees to enter at different investment levels and strategically scale their operations. These options include a centralized environmentally friendly plant with a retail store, which can then efficiently service an additional five satellite stores for a fraction of the initial cost, strategically located within the franchisee's exclusive territory. Other distinct models include the Lapels® Plant, Lapels® Satellite Store, Lapels® Pick Up and Delivery Model, and Lapels® Laundromat, each catering to different market needs and investment capacities. The training program provided by Lapels Dry Cleaning is comprehensive and hands-on, consisting of 7 days of intensive instruction at a live training store, ensuring franchisees are thoroughly prepared for all operational aspects. Beyond initial training, the corporate team works closely with franchisees to ensure sustained success, fostering a collaborative environment where franchisees also engage with each other to compare operational procedures and strategies, sharing best practices across the Lapels Dry Cleaning franchise network. The ongoing corporate support structure is robust, encompassing critical areas such as site selection assistance, guidance during the build-out phase, and comprehensive launch support to ensure a smooth opening. Franchisees benefit from preferred vendor pricing and established relationships, which can lead to significant cost savings on supplies and equipment. Additionally, Lapels Dry Cleaning provides extensive digital and local marketing support to help franchisees attract and retain customers, along with ongoing training and dedicated franchise coaching to continually enhance operational efficiency and business growth. The franchisor also offers financial assistance, site selection assistance, and lease negotiation assistance, further solidifying the comprehensive support system for every Lapels Dry Cleaning franchise owner. Territory protection and market exclusivity are key considerations during the discovery process, providing franchisees with a defined operational area to cultivate their business without direct competition from other Lapels units. While multi-unit requirements or expectations are not explicitly stated, the model's design, which allows a single plant to service multiple satellite stores, inherently encourages a multi-unit growth strategy for ambitious franchisees. The flexibility of the Lapels Dry Cleaning operating model also allows for absentee ownership, making it an attractive Lapels Dry Cleaning franchise investment for individuals seeking to diversify their portfolio while maintaining other professional commitments.
When evaluating a Lapels Dry Cleaning franchise, financial performance is a critical factor for prospective investors, yet it is important to note that Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document, meaning specific average unit revenue, median revenue, or profit margins are not officially provided within the FDD. Despite the absence of Item 19 disclosure, external reports and industry benchmarks offer some insights into the potential Lapels Dry Cleaning franchise revenue. For instance, the average unit revenue reported in 2024 was $369,941, providing a snapshot of recent performance within the system. Another source states a reported gross revenue of $447,384, though it is important to contextualize this figure against the sub-sector average of $643,437, indicating that Lapels' reported gross revenue might be below the broader industry average for dry cleaning services. It is crucial for investors to understand that revenue data alone does not fully indicate profitability, as profit is determined by revenue minus operating costs. The Lapels Dry Cleaning business model strategically offers multiple revenue streams, including pickup and delivery services, alterations, and B2B partnerships, which are designed to provide operational diversification and enhance potential profitability beyond standard dry cleaning services. This multi-faceted approach aims to maximize the Lapels Dry Cleaning franchise revenue potential per unit. While the official database indicates a total of 31 franchised units, recent reports suggest a more expansive operational footprint, citing 83 locations across the United States, "over 100 storefronts today," and "over 100 Lapels Dry Cleaning locations nationwide," with 81 total units in 2024 and 2 new units opened. This discrepancy, while present, points towards an active growth trajectory and an evolving system, which can be a positive signal for unit-level performance and market penetration. The FPI Score for Lapels Dry Cleaning is 48, which is categorized as "Fair" by PeerSense. This score suggests that while the franchise demonstrates stable performance, there may be areas for improvement or it performs consistently within an average range compared to its peers in the franchise landscape. For potential investors, this FPI score, combined with the available revenue data and the lack of Item 19 disclosure, underscores the importance of thorough due diligence and independent analysis to fully understand the financial implications of a Lapels Dry Cleaning franchise investment. The industry's average expenses reaching $1.5 million per establishment annually also highlight the significant operational costs that any dry cleaning business, including a Lapels Dry Cleaning franchise, must manage to achieve profitability.
Lapels Dry Cleaning has demonstrated a dynamic growth trajectory and cultivated distinct competitive advantages within the dry cleaning industry, positioning itself strategically for future expansion. While the official database reports a total of 31 franchised units, other sources indicate a broader presence, citing 83 locations, over 100 storefronts nationwide, and 81 total units in 2024 with 2 new units opened, illustrating a consistent net addition of units over recent years. A significant corporate development occurred in 2021 when CEO Kevin DuBois orchestrated the acquisition of several other prominent dry cleaning franchises, including Martinizing, 1-800-Dry-Cleaning, Pressed 4 Time, Dry Cleaning Station, and Bizziebox. This strategic move led to the formation of Clean Franchise Brands, which now serves as the parent company of Lapels Dry Cleaning, significantly enhancing its market presence and operational scale through consolidation. In 2018, Lapels Dry Cleaning unveiled a modern new look for its stores and plants, featuring an open floor plan, slate-colored tiles, gray walls, quartz countertops, and dark grey cabinets, which not only updated the brand's aesthetic but also included improved functionality like a 24/7 drop-off area with a kiosk and ATM for locker access, directly addressing evolving consumer demands for convenience and accessibility. Recent expansion plans continue to materialize, as evidenced by the announcement in March 2026 of a mother-son team, Josh and Jan Bryan, growing Lapels Cleaners in North Mississippi by opening three new locations in New Albany, Tupelo, and Saltillo. This team also assumed ownership of two existing Lapels locations and strategically rebranded a former Martinizing Cleaners location, showcasing the brand's ability to integrate and expand. Their New Albany location has already garnered local recognition, being named "Best of Union County 2025" by The New Albany Gazette, further solidifying local brand acceptance and performance. The competitive moat for Lapels Dry Cleaning is built upon several pillars: its foundational commitment to environmentally friendly practices, utilizing a 100% non-toxic cleaning process, which resonates strongly with the 10% market share for Eco-Friendly & Organic Cleaning Solutions. The brand's recognition is substantial, having been named the #1 Dry Cleaning Franchise opportunity by Entrepreneur magazine and consistently listed in Entrepreneur Magazine's Top 500 Franchises for the past 20 years. Additionally, Lapels was recognized in Franchise Dictionary's Top 100 Game Changer List, underscoring its innovative approach. The company adapts to current market conditions through its new store design, catering to digital transformation with 24/7 access and embracing on-demand app-based services, aligning with the 30% market share of such services. Its plans for international expansion, including a consulting agreement with World Franchise Associates (WFA) in 2015 to enter markets in the Middle East and Southeast Asia, with Dubai specifically mentioned, indicate a proactive strategy for global growth and market diversification for the Lapels Dry Cleaning franchise.
The ideal candidate for a Lapels Dry Cleaning franchise is typically an entrepreneur who has successfully transitioned from the corporate world, often possessing an analytical professional background such as engineers and architects, who are now ready to embrace the challenge of being their own boss. While prior dry cleaning experience is not a prerequisite, a strong management background and a keen understanding of business operations are highly valued. The operating model of a Lapels Dry Cleaning franchise is designed for efficiency, emphasizing low labor costs and the ability to be run by a small, easily trained staff, making it accessible to individuals without specific industry knowledge. This flexible model also explicitly allows for absentee ownership, presenting an attractive Lapels Dry Cleaning franchise investment opportunity for those seeking to diversify their portfolio while maintaining other professional commitments. Lapels Dry Cleaning currently operates in numerous U.S. states, including Arizona, California, Colorado, Connecticut, Florida, Louisiana, Massachusetts, Michigan, Mississippi, New Jersey, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, and Texas, demonstrating a broad geographic focus. Recent expansion includes new states like New York, North Carolina, and Illinois, with additional locations planned for key markets such as Boston, Massachusetts, and Latham, New York, indicating strategic market penetration. The company has also expressed ambitious plans for international expansion, having signed a consulting agreement with World Franchise Associates (WFA) in 2015 to explore and enter markets in the Middle East and Southeast Asia, specifically mentioning Dubai for its international debut. This global vision suggests that new territories, both domestic and international, are actively being pursued, offering a wide array of potential markets for prospective franchisees. The franchise agreement term length is a 10-year renewable agreement, providing long-term stability and the opportunity for continued business growth. While specific timelines from signing to opening, or detailed transfer and resale considerations, are not explicitly provided, the comprehensive support structure indicates a guided process for new franchisees. The flexible business model, which allows for a centralized environmentally friendly plant to service up to five satellite stores within a franchisee's territory, implicitly encourages multi-unit ownership and strategic market saturation, making it an appealing Lapels Dry Cleaning franchise opportunity for growth-oriented investors.
For franchise investors seeking a compelling opportunity within a resilient and evolving service industry, Lapels Dry Cleaning presents a robust investment thesis, underpinned by its strong commitment to environmentally friendly practices and a diverse service offering. The brand's strategic positioning within the U.S. dry cleaning and laundry industry, valued at USD 12.9 billion and projected for continued growth, offers a significant market for expansion. With a comprehensive suite of services including dry cleaning, laundry, tailoring, alterations, and specialized garment care, coupled with a 100% non-toxic cleaning process, Lapels Dry Cleaning is aligned with critical consumer trends favoring convenience, eco-consciousness, and outsourced solutions, with 70% of consumers prioritizing time-saving services. The formation of Clean Franchise Brands in 2021, through the acquisition of multiple dry cleaning franchises by CEO Kevin DuBois, provides substantial corporate backing and strategic scale, enhancing the brand's competitive posture. The flexible investment models, ranging from the accessible Lapels® Pick Up and Delivery Model starting at $41,500 to the comprehensive Lapels® Plant investment up to $730,122, cater to diverse investor profiles and capital availability. While Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document, reported average unit revenues and the brand's consistent recognition as a top franchise opportunity by Entrepreneur magazine for two decades, along with its FPI Score of 48 (Fair), suggest a stable, though not exceptional, performance relative to peers. The brand's ongoing innovation, including its new store design with 24/7 drop-off and kiosk access, demonstrates its adaptability to market demands and a forward-thinking approach. This Lapels Dry Cleaning franchise opportunity warrants serious due diligence for investors looking to capitalize on a recession-resistant industry with strong secular tailwinds. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools. Explore the complete Lapels Dry Cleaning franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
FPI Score
48/100
SBA Default Rate
13.6%
Active Lenders
22
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Lapels Dry Cleaning based on SBA lending data
SBA Default Rate
13.6%
6 of 44 loans charged off
SBA Loan Volume
44 loans
Across 22 lenders
Lender Diversity
22 lenders
Avg 2.0 loans per lender
Investment Tier
Significant investment
$257,150 – $496,400 total
Lapels Dry Cleaning — Deep SBA Data
Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2016
4 approvals — best year on record for Lapels Dry Cleaning.
Top SBA State
Massachusetts
7 SBA-financed Lapels Dry Cleaning locations — the densest operator footprint.
Average Loan Size
$452K
Median $500K — use as a sizing anchor when modeling your own $Lapels Dry Cleaning unit.
Lender Concentration
69.2%
Concentrated
Share of Lapels Dry Cleaning approvals captured by the top 3 SBA lenders.
Lapels Dry Cleaning's SBA lending pipeline peaked in 2016 (4 approvals). Operator density is highest in Massachusetts with 7 SBA-financed locations. Average funded ticket sits at $452K, with the median at $500K. Lender mix is concentrated: the top three SBA lenders account for 69.2% of approvals — credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$2,662
Principal & Interest only
Locations
Lapels Dry Cleaning — unit breakdown
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