Lapels vs CD One Price Cleaners Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Lapels vs CD One Price Cleaners including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Lapels Franchise
CD One Price Cleaners Franchise
Investment $86,502 - $710,122$650,000 - $830,000
Franchise Fee $20,000 - $30,000$20,000
Royalty Fee 5%8%
Advertising Fee 2%3%
Year Founded 20002001
Year Franchised 20012005
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $5K-


Business Experience Requirements
 
Lapels Franchise
CD One Price Cleaners Franchise
Experience
  • General business experience
  • Customer service skills
    		• -

    Financing Options
     
    Lapels Franchise
    CD One Price Cleaners Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Lapels Franchise
    CD One Price Cleaners Franchise
    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
     
    Lapels Franchise
    CD One Price Cleaners Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Lapels

    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.

    Veteran Incentives  20% off franchise fee

    "Entrepreneur
    #394 in Franchise 500 for 2020.

    About CD One Price Cleaners

    CD One Price Cleaners offer a traditional franchise opportunity which requires a cash investment by the Franchise owner of a minimum of $650,000. Consumers know what to expect when they visit a franchised business. For entrepreneurial individuals interested in opening their own business, franchise ownership allows the owner to utilize the proven methods, practices, training, purchasing power, marketing plans and operational know-how of the franchiser, thereby increasing the chance of long term success. Benefits of a franchise for the Franchise Owner: * The brand attracts customers seeking a consistent product or service * Proven marketing strategies and programs to Get and Keep customers * The use of a proven store operating strategy instead of reinventing the wheel from scratch * Detailed initial training programs with well organized operations manuals Ongoing store support programs, District Manager support and mentoring. At CD One Price Cleaners, we understand that finding a franchise that meets your needs can sometimes be a long and difficult process. To assist you in evaluating our franchise opportunity, and assist us in getting to know more about you, we have developed a simple, informative process to follow. Following these steps will make your exploration of our franchise opportunity a little easier and more productive. At the end of this process, if we are both comfortable that the opportunity is a good fit, you may be offered the opportunity to join our system by acquiring own your own franchise. We have both existing and new store opportunities available. We are confident that as you learn more about our organization and proven business methods, you will discover that the CD One Price Dry Cleaner franchise is one exciting and unique business opportunity worthy of your consideration.