Lapels Dry Cleaning FDD Summary


Type of Business
Lapels® businesses are full-service environmentally friendly Dry Cleaning Plants and Satellite Dry Cleaning Stores. Each type of Lapels® business offers a full range of services including dry cleaning and shirt service and which also may include tailoring, shoe repair, wedding gown and fur storage, suede and leather processing and other ancillary services. Depending on the type of business, some or all of the services connected with the store are sub-contracted to qualified professionals.


Corporate Information
Next Step Franchising, Inc., the franchisor of the Lapels® franchise is a corporation formed under Massachusetts law on September 28, 2000. Their principal business address is 962 Washington Street, Hanover, Massachusetts 02339.


Investment
The total investment necessary to begin operation of a Lapels® franchise ranges from $335,031 to $516,911 for a Full Service Environmentally-Friendly Dry Cleaning Plant and from $71,002 to $138,712 for a Satellite Store.


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