Lapels Dry Cleaning vs Renew Medic
Franchise Comparison 2026
Both Lapels Dry Cleaning and Renew Medic are cleaning & maintenance franchises. Lapels Dry Cleaning requires an investment of $391K – $730K while Renew Medic requires $423K – $734K. Lapels Dry Cleaning discloses average revenue of $423K; Renew Medic does not report Item 19 data. Lapels Dry Cleaning has SBA lending data on file with a 30.0% charge-off rate. FranchiseVerdict rates Lapels Dry Cleaning C (Average) and Renew Medic B (Above average).
| Metric | Lapels Dry Cleaning | Renew Medic |
|---|---|---|
| Verdict Grade | CAverageAverage | BAbove averageAbove average |
| Investment Range | $391K – $730K | $423K – $734K |
| Franchise Fee | $50K | $75K |
| Royalty Rate | 6.0% | 7.0% |
| Average Revenue (Item 19) | $423K | N/A |
| SBA Charge-Off Rate | 30.0% (12 loans) | Limited data |
| Total Units | 83 | 8 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2018 | 2024 |
| FDD Year | 2026 | 2025 |
Investment Range
$391K – $730K
$423K – $734K
Franchise Fee
$50K
$75K
Royalty Rate
6.0%
7.0%
Average Revenue (Item 19)
$423K
N/A
SBA Charge-Off Rate
30.0% (12 loans)
Limited data
Total Units
83
8
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2018
2024
FDD Year
2026
2025