Griffin Waste Services vs Lapels
Franchise Comparison 2026
Both Griffin Waste Services and Lapels are cleaning & maintenance franchises. Griffin Waste Services requires an investment of $253K – $1.1M while Lapels requires $92K – $1.7M. In terms of revenue, Griffin Waste Services reports higher average unit revenue at $662K. Lapels has SBA lending data on file with a 25.0% charge-off rate. FranchiseVerdict rates Griffin Waste Services C (Average) and Lapels F (Bottom Quintile).
| Metric | Griffin Waste Services | Lapels |
|---|---|---|
| Verdict Grade | CAverageAverage | FBottom QuintileBottom Quintile |
| Investment Range | $253K – $1.1M | $92K – $1.7M |
| Franchise Fee | $50K | $60K |
| Royalty Rate | 6.0% | 6.0% |
| Average Revenue (Item 19) | $662K | $423K |
| SBA Charge-Off Rate | Limited data | 25.0% (44 loans) |
| Total Units | 15 | 83 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2007 | 2018 |
| FDD Year | 2025 | 2026 |
Investment Range
$253K – $1.1M
$92K – $1.7M
Franchise Fee
$50K
$60K
Royalty Rate
6.0%
6.0%
Average Revenue (Item 19)
$662K
$423K
SBA Charge-Off Rate
Limited data
25.0% (44 loans)
Total Units
15
83
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2007
2018
FDD Year
2025
2026