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Below is an in-depth analysis and side-by-side comparison of Lapels vs Certified Restoration DryCleaning Network including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $86,502 - $710,122 | $63,650 - $508,850 |
Franchise Fee | $20,000 - $30,000 | $24,600 - $64,600 |
Royalty Fee | 5% | 6%-9% |
Advertising Fee | 2% | 1% |
Year Founded | 2000 | 1992 |
Year Franchised | 2001 | 2001 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $5K | 20% of initial franchise fee |
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 | Yes/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
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 | 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 | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
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 | No |
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.
More than a decade ago, CRDN created a category of service that today remains one of the most consistently growing industries that is unaffected by negative economic cycles. Textile restoration serves the large and fast-growing category of insurance claims in household disasters: contents.
Today, CRDN operates throughout the United States, Canada and the United Kingdom. We serve more than 94% of the population in the U.S. and Canada, as well as all major population centers in the U.K., and our international footprint will continue to grow. We have successfully resolved hundreds of thousands of claims with the best people, technology and processes in the business.
Insurance carriers seek out national partners that can provide one-stop solutions and that can match their own brand’s sense of scale, breadth and depth. We provide that international scope, reach and leverage while keeping our services very personalized at the local level.
Simply put, we have spent more than a decade building the brand, technology, processes, infrastructure and team that no individual operator can match. But by joining the best in the industry, the return far exceeds the investment.
As a company founded by a local operator with 20+ years of uninterrupted growth in the garment care business, CRDN proves everyday that textile restoration enables our members to:
Leverage investments in plant and equipment; Access a market niche unaffected by negative economic cycles Enjoy greater business stability.
We’ve had more successes, salvaged more textiles, processed more claims, opened more locations, trained more textile experts, and refined better processes and technology than any network or company in the business. We have already established multiple programs with the world’s largest insurance carriers, and we have defined the industry’s service level agreements with contractors and insurance companies, while the competition plays catch-up.