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FranchiseVerdict

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3 brands side-by-side

Compare up to 4 brands side by side

indicates the clear winner per row. Ties and missing data are not highlighted.

These brands report different earnings metrics (Gross Margin, P&L Bottom Line). Financial figures may not be directly comparable.

Brand
ZIPS Cleaners logoDBelow Average
ZIPS Cleaners
Cleaning & Maintenance
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Lapels logoFBottom Quintile
Lapels
Cleaning & Maintenance
Remove
WaveMAX Laundry logoATop Quintile
WaveMAX Laundry
Cleaning & Maintenance
Remove
Vitals
Investment range
$762K – $1.2M
$92K – $1.7M
$359K – $1.6M
Liquid capital
$100K – $200K
$1K – $40K
$35K – $65K
Franchise fee
$30K
$60K
$55K
Royalty rate
6.0%
6.0%
6.0%
Ad fund rate
2.0%
2.0%
1.0%
Performance
Avg gross sales
$1.5M
$423K
$446K
Median gross sales
N/A
$389K
$431K
Avg owner earnings
Metric varies by brand. Check type below
$368K
N/A
$252K
Earnings metric
Gross Margin
Not classified
P&L Bottom Line
Risk
Rating
DBelow Average
FBottom Quintile
ATop Quintile
Risk score
75 / 100
99 / 100
13 / 100
SBA charge-off rate
100.0%
25.0%
0.0%
SBA loans on record
15
44
30
Scale
Total units
72
83
66
Net change (latest yr)
N/A
N/A
N/A
Turnover rate
0.0%
1.2%
1.5%
Contract
Initial term (years)
10
10
10
Renewal term (years)
5
10
10
Initial training (hrs)
160
118
19
Contacts
Franchisee phones
69
83
93

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