Taking Franchise Risks at a Young Age with Kevin DuBois of Lapels Dry Cleaning
Franchise Euphoria
English - October 06, 2020 07:00 - 25 minutes - 21.4 MB - ★★★★★ - 165 ratingsEntrepreneurship Business Investing franchisee franchisor internet money brown business buy buying entrepreneurs euphoria Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
As the CEO of Lapels Dry Cleaning, Dubois has more than 20 years in the franchise industry, the last near 15 years with Lapels. Under his leadership, Lapels Dry Cleaning has been ranked in Entrepreneur’s 26th Annual “Franchise 500” as well as that publication’s “Top 50 New Franchises”. Dubois was also named “Franchisor of the Year” by the New England Franchise Association (NEFA). He earned this honor based on his key role in the franchise’s growth, commitment to the environment through its greener dry cleaning processes, its outreach to recruit veterans and its efforts in the community.
Kevin is also the co-author of Entrepreneurial Insanity in the Dry Cleaning Business, a book he co-wrote with Roger McManus. Currently, he oversees the long-term strategic direction of the company which includes equipment advancements, technology advancements and the consolidation of a major brand in the dry cleaning industry.
Key Takeaways:
[0:18] Today’s episode of Franchise Euphoria is brought to you by IndyFranchiseLaw.com, a leading resource in the franchise space. Head over to IndyFranchiseLaw.com learn more!
[0:59] Josh introduces today’s guest, Kevin DuBois, the CEO of Lapels Dry Cleaning.
[2:08] Josh welcomes Kevin to Franchise Euphoria.
[2:24] Kevin shares how he first began his career in the franchising industry when he was just 18 years old.
[5:42] In Kevin’s opinion, hotel franchises have some of the best models for franchisees.
[8:16] After his venture in hotels, Kevin met the owner of the dry cleaning company he ended up partnering with to found Lapels.
[11:53] What Kevin has found with the franchise growth Lapels has seen is that they are attracting a specific type of franchisees.
[13:49] When Lapels began franchising, they started in the New England area, but now they are located across the US.
[15:16] Kevin shares what led him to co-author his book Entrepreneurial Insanity in the Dry Cleaning Business.
[17:53] Kevin sheds light on how dry cleaning franchises have evolved over the years and how we are seeing more environmentally friendly practices.
[21:39] Kevin comments on how Lapels has been affected by COVID-19 and gives insight on what he thinks the future of the industry looks like.
[23:01] If you want to learn more about Lapels Dry Cleaning, visit their website listed below.
[24:19] Thanks for listening, and please, reach out to Josh anytime through email at [email protected]. If you enjoyed this interview, please leave us a review on Apple Podcasts.
Mentioned in This Episode:
www.mylapels.com
www.LapelsFranchise.com
Amazon Link for Kevin’s Book, Entrepreneurial Insanity in the Dry Cleaning Business