Franchise Facts Report → compare → Restoration 1 vs Lapels
Restoration 1 vs Lapels
Two other franchises, compared on the numbers their own Franchise Disclosure Documents put on record — investment, fees, Item 19 earnings, outlet churn, and litigation. Not marketing copy.
| Restoration 1 | Lapels | |
|---|---|---|
| Total initial investment FDD Item 7 | $103,700 – $271,775 | $113,065 – $796,742 |
| Initial franchise fee FDD Item 5 | $59,900 | $60,000 |
| Royalty FDD Item 6 | 70% | 6% |
| Item 19 earnings disclosed FDD Item 19 | Yes | Not disclosed |
| Avg unit revenue (headline) FDD Item 19 | disclosed (not machine-read) | — |
| Franchised outlets FDD Item 20 | 296 | 83 |
| Net outlet change (latest yr) FDD Item 20 | +6 | +2 |
| Closure rate FDD Item 20 | 4.8% | 1.2% |
| Franchisee lawsuits FDD Item 3 | disclosed | disclosed |
| Risk level our read | Medium | Medium |
| FDD year registration | 2024 | 2026 |
Are Restoration 1 and Lapels the same company?
No — Restoration 1 and Lapels are franchised by separate companies. Restoration 1's franchisor is RESTORATION 1 FRANCHISE HOLDING, LLC; Lapels's is Next Step Franchising, LLC. Each registers and files its own Franchise Disclosure Document, and you would be signing with a different entity depending on which you chose. Note that a registry filing names the franchisor, not necessarily its ultimate parent — two brands owned by the same parent company can still have separate franchisors.
Cost to open
Restoration 1 is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $103,700 – $271,775, against $113,065 – $796,742 for Lapels.
How much does each make? (Item 19)
Only Restoration 1 disclosed earnings: it makes an Item 19 financial performance representation, while Lapels's most recent FDD makes none. That asymmetry is itself a data point: one franchisor puts its unit economics on paper, the other doesn't.
Closures & failure rate
Restoration 1 reports 296 franchised outlets, net change +6 in the latest reported year, a 4.8% closure rate (FDD Item 20). Lapels reports 83 franchised outlets, net change +2 in the latest reported year, a 1.2% closure rate (FDD Item 20). Outlet churn — closures, terminations, non-renewals — is the closest thing an FDD has to a failure rate.
Litigation
Restoration 1 discloses litigation in FDD Item 3 (each case is described there). Lapels discloses litigation in FDD Item 3 (each case is described there).
Deciding between Restoration 1 and Lapels?
See what else fits before you choose. Tell us your budget and state and we'll send you the 5–10 other franchises (or any industries you pick) with the strongest FDD record for it.
Restoration 1 vs Lapels — frequently asked
Are Restoration 1 and Lapels the same company?
No — Restoration 1 and Lapels are franchised by separate companies. Restoration 1's franchisor is RESTORATION 1 FRANCHISE HOLDING, LLC; Lapels's is Next Step Franchising, LLC. Each registers and files its own Franchise Disclosure Document, and you would be signing with a different entity depending on which you chose. Note that a registry filing names the franchisor, not necessarily its ultimate parent — two brands owned by the same parent company can still have separate franchisors.
What is the difference between Restoration 1 and Lapels?
Restoration 1 and Lapels are other franchises from different franchisors (RESTORATION 1 FRANCHISE HOLDING, LLC and Next Step Franchising, LLC). Restoration 1 is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $103,700 – $271,775, against $113,065 – $796,742 for Lapels. Only Restoration 1 disclosed earnings: it makes an Item 19 financial performance representation, while Lapels's most recent FDD makes none. That asymmetry is itself a data point: one franchisor puts its unit economics on paper, the other doesn't.
Is Restoration 1 more profitable than Lapels?
Only Restoration 1 disclosed earnings: it makes an Item 19 financial performance representation, while Lapels's most recent FDD makes none. That asymmetry is itself a data point: one franchisor puts its unit economics on paper, the other doesn't.
Which is cheaper to open — Restoration 1 or Lapels?
Restoration 1 is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $103,700 – $271,775, against $113,065 – $796,742 for Lapels.
Is Restoration 1 or Lapels growing faster?
Restoration 1 reports 296 franchised outlets, net change +6 in the latest reported year, a 4.8% closure rate (FDD Item 20). Lapels reports 83 franchised outlets, net change +2 in the latest reported year, a 1.2% closure rate (FDD Item 20).
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Figures are as disclosed in each brand's most recent registered FDD (Restoration 1 2024, Lapels 2026). “—” means the FDD does not disclose it or the table did not parse cleanly — never an estimate.