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Below is an in-depth analysis and side-by-side comparison of Hangers Cleaners vs Lapels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $750,000 - $1,500,000 | $86,502 - $710,122 |
Franchise Fee | $50,000 | $20,000 - $30,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | - | 2% |
Year Founded | 1996 | 2000 |
Year Franchised | 1998 | 2001 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $5K per territory | $5K |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | - | One of the greatest reasons for Lapels success is our initial training and ongoing support. We will have you train in our training store and then bring that same trainer out to your store for additional training and support. We will be with you during your soft opening to guide you through the day to day operations. On-The-Job Training: 62 hours Classroom Training: 61 hours |
Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Ad slicks | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations |
Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. |
International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
Founded by a chemistry professor in 1996 and now owned by Cool Clean Technologies Inc., Hangers Cleaners Inc. is an environmentally-friendly dry cleaning franchise. Stores use a carbon dioxide-based technology that is nonpolluting and safe for fabrics including Lycra, Spandex, down comforters and stuffed animals. Because no harsh solvents are used, franchisees do not have to worry about issues such as zoning restrictions, regulatory paperwork and insurance, or taxes for hazardous waste disposal.
The company's Hangers Express Service offers a personalized, bar-coded Hangers bag; 24-hour drop-off; and both walk-in and drive-through service.
A Unique Concept in the Dry Cleaning Industry with a Standardized System from Store to Store
* Image & Store Design
* Training and Ongoing Support
* Tested and Proven Marketing Programs
* In-store Customer Loyalty Programs
* A Consistent Customer Experience
* Hours of Operation
* Store Operations Manuals
* Lapels Branded Marketing Materials and Supplies
* Franchisee Participation is Encouraged
* Point-of-Sale Computer System
Lapels Dry Cleaning is a recognized name in dry cleaning. When you own our franchise, you benefit from that name recognition, which helps build your business.
Lapels Franchising has built a track record of helping our franchisees grow their businesses. We get you started and provide ongoing support regardless of where you're located or what challenges you face.
With a Lapels franchise you are in business for yourself but not by yourself. Our corporate team will be right there working with you to assure your success. In addition, you will be working with other franchisees to compare operational procedures and new strategies along the way.
Lapels Dry Cleaning has not only pioneered an innovative dry cleaning store concept but has gone one step further with the establishment of trend setting Quality Control and Wholesaler Liaison positions that are filled by Lapels franchisees, the people at the store level who have day-to-day, hands-on knowledge of what the customer wants.