Speed Queen
How do I buy my own Speed Queen Franchise?
The Speed Queen Laundry business model and their industry-leading technologies make running a laundromat more accessible and easy. Whether you are looking for a single unit or multi-unit franchise opportunity, increase the return on your investment with a Speed Queen Laundry franchise. The total investment range is $490,000 - $1,275,000. Financial minimum requirements include $300,000 in liquid capital and a net worth of $1,500,000 - $2,000,000.A Sound Investment.
Laundromats thrive in both periods of economic growth and recession. Laundromats see an average cash-on-cash ROI of 20–35%* in the U.S. — much higher than most alternative investments. And when you factor the flexibility and low labor costs, laundromats just make sense. Since 1908, Speed Queen has been a leader in commercial laundry and understands the industry inside out.
And now we’ve taken one of the few remaining fragmented industries and transformed it into a growing global laundry brand.
Become a Speed Queen franchise owner today.
About
Redefining The Laundry Industry
From real estate, construction and financing to ongoing operations and marketing support with the backing of a billion-dollar company, Speed Queen has redefined the laundromat industry with an experience model that’s developed for scale. With an above average rate of return for below average risk, nearly 94.8% of Speed Queen Laundry corporate stores have seen success.
Speed Queen Does it Better than Anyone.
From advanced controls and cloud-based management platforms to laundry-focused financing and hundreds of Speed Queen Laundry stores around the world, Speed Queen technology makes the business of laundry more efficient, accessible and advantageous.
As the owner of a Speed Queen Laundry franchise, you’ll receive a comprehensive solution with a structure for launching, operating and growing a successful branded laundromat. Using our experience running company-owned stores, we’ve made it easier for franchisees to earn more and spend less time and effort opening and operating their laundromats. Plus, with our comprehensive cloud-based management system, you can run your business from anywhere at any time.
A Better Place To Do Your Laundry
Both customers and owners will appreciate the features and benefits of our stores that are designed with families in mind. With an emphasis on safety and featuring modern conveniences, Speed Queen Laundry stores offer a truly memorable laundry experience for your customers.
Multiple Revenue Streams
Keep growing your business by taking advantage of additional service opportunities past your core self-service laundry customers, including:
- Wash, dry, fold
- Over-the-counter retail sales
- Machine add-ons
- Pickup/delivery
- Commercial accounts
Ideal Investors
The ideal laundromat investor is looking for an opportunity with a unique combination of stability, flexibility and profitability. If an all-cash, low cost business requiring minimal time and effort sounds appealing, you may be a good candidate. Whether you are looking for a single or multi-unit franchise opportunity, increase the return on your investment with a Speed Queen Laundry franchise.
*Wallace, B. (2014, December 9). Getting Into the Laundry Business [Webinar]. Retrieved October 6, 2015.
This website and the franchise sales information on this site do not constitute an offer to sell a franchise. The offer of a franchise can only be made through the delivery of a Franchise Disclosure Document (FDD). Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of one of these states, we will not offer you a franchise unless and until we have registered the franchise (or obtained an applicable exemption from registration) and complied with the pre-sale disclosure requirements that apply in your jurisdiction.
Other Franchises Looking For Owners Like You in
Today's busy lifestyles demand the services PostalAnnex offers. Capitalize on this demand and open your own business!! After retiring from the printing business PostalAnnex founder Jack Lentz began working out of his home as a business consultant. He soon…
Cash Required: $70,000
There is NO better business model that is designed to excel in inflation, recession, and uncertain times. We help you create the ultimate MONTHLY cash flow for years by helping companies save money when they need it. Buy a SMARTER business model, especially…
Cash Required: $70,000
VOTED TOP PART TIME - WORK AT HOME BUSINESS! Are You Looking to Make an Additional $100,000 in the Next 12 Months - No Employees to Hire - No Equipment to Rent/Buy - No Office/Warehouse to Rent/Lease - Start Making money in the First 90 Days - Create Your…
Cash Required: $30,000
My Business Venture gives you the ability to start an online business from your home. We provide you access up to 1 million products & you chose up to 2,000 you want to feature on your website! MBV’s 10% Price Guarantee on all items on your website ensures…
Cash Required: $3,995
Own a Business with a Mission That Matters and achieve your goal of business ownership today. A Home Helpers® Home Care franchise is a low-cost, home-based, and recession-resilient business providing quality care for others while giving you the lifestyle…
Cash Required: $48,900
Automated Investments is the pillar of e-Commerce automation. Automated Investments build and operate profitable and hands off Amazon FBA (Fulfilled-By-Amazon) businesses for their clients and investors. While the clients and investors act as the capital…