Lyons Restores franchise unit economics
Lyons Restores franchisees convert an existing dry-cleaning facility into a business that restores garments, textiles and other household contents after fire, water, weather or mold losses, working largely for insurance providers.
Lyons Restores franchise at a glance
The FDD issued on May 17, 2026 by Evans Garment Restoration II, LLC reports 2025 gross sales for 10 franchised and 3 company-owned locations.
Lyons Restores reports an average of $810,383 and a median of $908,354 in 2025 gross sales for its 10 franchised locations, according to Item 19 of Lyons Restores’ 2026 FDD, issued 17 May 2026. Fees paid to Lyons Restores come to about 9.77%* of sales. A Lyons Restores franchise costs $84,975 to $411,000 to open.
- A Lyons Restores franchise costs $84,975 to $411,000 to open as a conversion of an existing facility, and $47,652 to $50,398 of that is paid to the franchisor or an affiliate.
- Lyons Restores reports a company-owned average of $1,171,285 and a company-owned median of $478,342 for its 3 company-owned locations.
- Lyons Restores franchised locations ranged from $0 to $2,446,538 in 2025 gross sales, and 3 of the 10 met or exceeded the franchised average.
- Lyons Restores charges a 6% royalty, a 2% brand development fund and an annual franchise fee of $5,000, which come to 9.77%* of sales at the franchised average once software and technology fees are added.
- Lyons Restores sets a minimum royalty from month 13 of $1,000 to $3,000 a month, depending on the year of operation and whether the territory holds 1,000,000 or more households.
- Lyons Restores had 10 franchised and 3 company-owned locations at the end of 2025, with no terminations, reacquisitions or other closures of franchised locations from 2023 to 2025.
These figures come from Lyons Restores's 2026 Franchise Disclosure Document, as the brand reported them, and were read by Averan Advisors. The 9.77% total of brand charges at the franchised average is an Averan calculation from the Item 6 fees and the Item 19 franchised average.
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Talk to Averan → Averan Lyons Restores Conversion Package →- The franchised median was $908,354 and the company-owned median $478,342 in 2025. The franchised median is 1.90 times* the company-owned median, a difference of $430,012*. The company-owned average of $1,171,285 is 1.45 times* the franchised average of $810,383.
- Franchised gross sales ranged from $0 to $2,446,538. Three of the 10 franchised locations, 30%, met or exceeded the franchised average. The Item 19 text says three of the seven franchised locations it describes did not provide contents-related services.
- Fixed brand charges at a principal location come to $14,376* a year before the royalty. That is the $5,000 annual franchise fee, $8,467* of required software at $705.55 a month and up to $909* of technology fees for three users. At the franchised average it is 1.77%* of sales.
- The minimum royalty depends on territory size and year of operation. It starts in month 13 at $1,000 a month in a territory under 1,000,000 households and $1,500 a month in a larger one, and reaches $1,500 and $3,000 a month in the fifth year.
- Franchised locations went from 10 to 8 in 2023 and back to 10 by the end of 2025. Two franchise agreements were not renewed in 2023 and one in 2024, three locations opened in 2024, and the franchisor projects five new franchised locations in the next fiscal year.
Revenue
How much does a Lyons Restores franchise make?
| Measure | Company-owned | Franchised | All locations |
|---|---|---|---|
| Number of locations | 3 | 10 | 13 |
| Highest gross sales | $2,917,621 | $2,446,538 | $2,917,621 |
| Median gross sales | $478,342 | $908,354 | $641,301 |
| Average gross sales | $1,171,285 | $810,383 | $900,608 |
| Met or exceeded the average | 1 (33%) | 3 (30%) | 4 (31%) |
| Lowest gross sales | $117,892 | $0 | $0 |
| Average years in operation | 18 | 7 | 10 |
Source: Lyons Restores FDD, Item 19. Gross sales are based on amounts collected and exclude sales tax and refunds. The company-owned locations are owned by the franchisor’s parent, Lyons Enterprises, Inc.
The 10 franchised locations averaged $810,383 of gross sales in 2025. Their median was $908,354, the highest was $2,446,538 and the lowest was $0. The franchised locations averaged 7 years in operation.
The 3 company-owned locations averaged $1,171,285, with a median of $478,342. The highest company-owned location reported $2,917,621 and the lowest $117,892. The company-owned locations averaged 18 years in operation.
The Item 19 text and its table describe different groups. The table is headed 2025 calendar year and counts 10 franchised locations. The text above it says the data covers three company-owned and seven franchised locations, excludes three franchised locations that opened during 2024, and refers to the 2024 calendar year. This page uses the table’s figures and its group of 10.
The all-locations average of $900,608 matches 12 locations, not 13. Three company-owned locations at $1,171,285 and nine franchised locations at $810,383 average $900,608.50*. Using all ten franchised locations gives $893,668*. The FDD does not explain the difference.
Item 19 gives no profit, expense or wage figures. It reports gross sales, the number of locations at or above the average and years in operation.
Spread
How 2025 results spread across locations
| Comparison | Figure |
|---|---|
| Franchised median as a multiple of the company-owned median | 1.90* |
| Franchised median minus company-owned median | $430,012* |
| Company-owned average as a multiple of the franchised average | 1.45* |
| Franchised median as a share of the franchised average | 112.1%* |
| Company-owned median as a share of the company-owned average | 40.8%* |
Averan calculations from the Item 19 table.
Item 19 does not split locations into quartiles or bands. For each group it gives the highest, median, average and lowest gross sales and the number of locations at or above the average.
The franchised median is above the franchised average. The median of $908,354 is 112.1%* of the $810,383 average, and 3 of the 10 franchised locations reached the average. The lowest franchised location reported $0.
The company-owned average is more than twice the company-owned median. The median of $478,342 is 40.8%* of the $1,171,285 average. With three locations, one at $2,917,621 and one at $117,892, the third is the median.
Not every franchised location offers contents work. The Item 19 text says three of the seven franchised locations it describes did not provide contents-related services. The FDD does not give sales for those locations separately.
Brand charges
Brand charges
| Charge | Rate or amount | A year at the franchised average |
|---|---|---|
| Royalty | 6% of gross sales, deducted weekly, or the minimum royalty if higher | $48,623* |
| Brand development fund | 2% of gross sales | $16,208* |
| Annual franchise fee | $5,000 a year | $5,000 |
| Required software | $705.55 a month, plus a $2,575 initial license fee | $8,467* |
| Technology fee | $11.65 to $25.25 per user a month, three users required | $419 to $909* |
| Total, technology at the high end | 9.77% of sales* | $79,206* |
Source: Lyons Restores FDD, Items 5 and 6. Annual amounts and the total are Averan calculations; the $2,575 initial software license fee is left out because it is paid once. Software and technology fees may not rise more than 10% a year.
Royalty and brand fund together are 8% of gross sales. Both are paid weekly by electronic funds transfer, based on the previous week’s gross sales.
The fixed charges come to $14,376* a year at a principal location. That is the $5,000 annual franchise fee, $8,467* of software and $909* of technology fees. At the franchised median of $908,354 the total of all these charges is 9.58%* of sales.
A depot location has lower software fees. Software for a depot is $515 to start and $163.77 a month, or $1,965* a year.
Other fees apply on events. A transfer costs $10,000 per location, a renewal $5,000 per location, and additional or remedial training $400 to $600 a day per trainer. Late payments carry a $50 weekly fee plus interest at up to 18% a year.
The FDD sets no required local advertising spend. In 2025 the brand development fund spent 59.26% on insurance agency tradeshows, 30.02% on dataset fees, 6.04% on the website and 4.68% on advertising agency expenses.
Minimum royalty
Minimum royalty by year and territory size
| Year of operation | Under 1,000,000 households | A year | Sales where 6% equals it | 1,000,000 or more households | A year | Sales where 6% equals it |
|---|---|---|---|---|---|---|
| 2nd year, from month 13 | $1,000 a month | $12,000* | $200,000* | $1,500 a month | $18,000* | $300,000* |
| 3rd year, from month 25 | $1,250 a month | $15,000* | $250,000* | $2,000 a month | $24,000* | $400,000* |
| 4th year, from month 37 | $1,500 a month | $18,000* | $300,000* | $2,500 a month | $30,000* | $500,000* |
| 5th year, from month 49 | $1,500 a month | $18,000* | $300,000* | $3,000 a month | $36,000* | $600,000* |
Source: Lyons Restores FDD, Item 6, Note 2. Annual amounts and break-even sales are Averan calculations: monthly minimum times 12, and the annual amount divided by 6%.
The minimum royalty starts after the first year of operation. Its level depends on the year of operation and on whether the territory contains fewer or more than 1,000,000 households.
The minimum is checked against a three-month average. Each month the franchisor averages the royalty paid over the previous three months. If that average is below the minimum, the franchisee owes the difference for the current month.
In a territory of 1,000,000 or more households the fifth-year minimum is $36,000* a year. A 6% royalty reaches that amount at $600,000* of annual gross sales. In a smaller territory the fifth-year minimum is $18,000*, reached at $300,000*.
Territories are typically 150 to 200 miles in radius or around 1,000,000 households. Within its territory a franchisee has the exclusive right to solicit insurance adjusters, insurance agents, general contractors, contents cleaning companies and third-party administrators.
Cost to open
Cost to open
| Item | Principal location, low | Principal location, high | Depot location, low | Depot location, high |
|---|---|---|---|---|
| Initial franchise fee | $40,000 | $40,000 | $40,000 | $40,000 |
| Training expenses | $3,000 | $7,500 | $1,000 | $3,000 |
| Leasehold improvements | $0 | $100,000 | $0 | $40,000 |
| Initial inventory | $3,000 | $5,000 | $3,000 | $5,000 |
| Signage | $500 | $2,000 | $500 | $2,000 |
| Insurance | $0 | $4,000 | $1,500 | $4,000 |
| Business licenses and permits | $0 | $5,000 | $0 | $5,000 |
| Professional fees | $500 | $5,000 | $500 | $5,000 |
| Computer hardware | $6,900 | $15,000 | $6,900 | $15,000 |
| Operational equipment | $5,000 | $40,000 | $40,000 | $80,000 |
| Software | $6,075 | $7,500 | $200 | $900 |
| Vehicles and vehicle wrap | $0 | $80,000 | $10,000 | $40,000 |
| Additional funds, 3 months | $20,000 | $100,000 | $20,000 | $100,000 |
| Total | $84,975 | $411,000 | $123,600 | $339,900 |
Source: Lyons Restores FDD, Item 7, Tables A and B. The principal location estimate assumes conversion of an existing facility and does not cover building a new principal location.
A principal location costs $84,975 to $411,000 to open as a conversion. Of that, $47,652 to $50,398 is paid to the franchisor or an affiliate. The low end assumes the existing facility already has suitable equipment, vehicles and insurance.
A depot location costs $123,600 to $339,900. A depot can be added once a principal location is open, in an adjacent territory and within 300 miles of a plant the franchisee operates. It carries its own $40,000 initial franchise fee, and $44,041 to $46,246 is paid to the franchisor or an affiliate.
The franchisor estimates 90 to 120 days to convert an existing facility and re-open. It estimates up to 12 months for a new principal location and up to six months for a depot. The agreement allows termination if a conversion is not open within six months.
Some fees start before opening. Software fees are typically paid for three to four months before opening and the technology fee for one month before opening. The initial inventory of $3,000 to $5,000 is bought from the franchisor.
Locations
Locations, 2023 to 2025
| Year | Franchised, start | Opened | Not renewed | Franchised, end | Company-owned, start | Company-owned closed | Company-owned, end |
|---|---|---|---|---|---|---|---|
| 2023 | 10 | 0 | 2 | 8 | 5 | 2 | 3 |
| 2024 | 8 | 3 | 1 | 10 | 3 | 0 | 3 |
| 2025 | 10 | 0 | 0 | 10 | 3 | 0 | 3 |
Source: Lyons Restores FDD, Item 20, Tables 1, 3 and 4. Terminations, reacquisitions, other closures and transfers of franchised locations were zero in every year.
There were 13 locations at the end of 2025: 10 franchised and 3 company-owned. The total was 15 at the start of 2023 and 11 at the end of 2023.
Three franchise agreements were not renewed in two years. Two ended in 2023, in Maryland and New York, and one in 2024, in Minnesota. No franchised location was terminated, reacquired or closed for other reasons from 2023 to 2025.
Three franchised locations opened in 2024, in California, Colorado and Wisconsin. No franchised location opened in 2023 or 2025.
The company-owned group fell from 5 to 3 in 2023. One location each in Alabama and Mississippi closed. The remaining company-owned locations are in Tennessee and Texas.
No signed franchise agreements were waiting to open at the end of 2025. The franchisor projects five new franchised locations in the next fiscal year, one each in Florida, Missouri, Nebraska, New York and Oregon, and no new company-owned locations.
Questions we get asked
Questions owners ask
How much does it cost to open a Lyons Restores franchise?
Item 7 estimates $84,975 to $411,000 to convert an existing facility into a principal location, including the $40,000 initial franchise fee. Of that, $47,652 to $50,398 is paid to the franchisor or an affiliate. A depot location added later is estimated at $123,600 to $339,900.
What are the Lyons Restores royalty and other fees?
The royalty is 6% of gross sales, or a minimum royalty from month 13 if that is higher, and the brand development fund is 2%. There is also a $5,000 annual franchise fee, required software at $705.55 a month for a principal location, and a technology fee of $11.65 to $25.25 per user a month for three users. At the 2025 franchised average these charges come to 9.77%* of sales.
How much does a Lyons Restores franchise make?
Item 19 reports 2025 gross sales for 10 franchised locations: an average of $810,383 and a median of $908,354, with a range from $0 to $2,446,538. The 3 company-owned locations averaged $1,171,285 with a median of $478,342. Item 19 gives no profit figures.
What is the Lyons Restores minimum royalty?
From month 13 the minimum is $1,000 to $1,500 a month in a territory under 1,000,000 households and $1,500 to $3,000 a month in a larger one, rising by year of operation. Each month the royalty paid over the previous three months is averaged, and any shortfall against the minimum is owed.
How many Lyons Restores locations are there?
At the end of 2025 there were 10 franchised and 3 company-owned locations. Franchised locations fell from 10 to 8 in 2023 and rose to 10 in 2024. The franchisor projects five new franchised locations in the next fiscal year.
What does a Lyons Restores franchise do?
A franchisee converts an existing dry-cleaning or restoration facility into a principal location that restores garments, textiles, furniture, electronics and other contents after fire, water, weather or mold losses. Customers include the general public and insurance providers, and the territory gives the exclusive right to solicit insurance adjusters, agents and contractors within it.
Questions worth putting to Lyons Restores
These are questions the filing leaves open. An owner or a buyer can put them to the franchisor directly.
- Is the revenue in Item 19 gross sales or collected revenue, and how many locations sit below the average?
- Which factors does Lyons Restores see in its highest-selling locations, such as territory, years open and staffing?
- How long does a new location take to reach the average you publish, and what does the build-up look like month by month?
- At what level of sales do the minimum charges stop applying and the percentage take over?
- How many Lyons Restores locations closed, were sold, or changed hands last year, and why?
Run your own numbers.
The Franchise Numbers Check runs the same checks on your own numbers. It scores where you stand and compares you with Item 19 of your brand’s FDD. It works out what one location earns and spends, and builds a 13-week cash forecast. It also checks whether you are ready to open another one. It is free and it runs in your browser.
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Questions owners ask next
The figures above raise these, and each one is answered on its own page.
- At what level of sales does a minimum fee stop costing me more than the percentage?It works out the sales level where a minimum fee stops applying.
- How much cash do I fund before a new location covers its own costs?It builds a 13-week forecast for the months before break-even.
- What does this location earn on the money I put into it?It works out the payback period and cash-on-cash return for one unit.
- How much of Item 19 can I rely on?It explains what an Item 19 financial performance representation tells you and what it leaves out.
Where these figures come from
Every figure here comes from Evans Garment Restoration II, LLC’s 2026 FDD and is unaudited by us. We are unaffiliated with the brand. Calculations of our own are labeled where they appear. The figures describe past performance at other businesses and are not a projection of yours. This page is an educational summary. It is not an offer to sell a franchise, and it is not financial, legal or tax advice. Lyons Restores is a trademark of its owner. How Averan reads a Franchise Disclosure Document.
These figures come from the brand's disclosure. They are not a forecast, an offer to sell a franchise or advice. Source: Evans Garment Restoration II, LLC, 2026 Franchise Disclosure Document, issued 17 May 2026.