The Laundromat Franchise Opportunity, Simplified

Secure Your Future With a Speed Queen® Laundromat Franchise

Thinking about investing in a laundromat business, but not sure how to start? For many investors and entrepreneurs, the idea of owning a laundromat franchise is appealing—but the path to get there feels daunting. With Speed Queen®, taking the first step is refreshingly straightforward—perfect for those seeking to invest in a lucrative business, with less hassle and simple daily operations. Backed by expert laundromat business guidance and ongoing support, Speed Queen empowers you to build a secure future with a franchise opportunity designed for your success.

Why invest in a laundromat franchise?

Laundromats are a recession-resistant, essential service with steady demand—making them a smart, stable investment. Speed Queen laundromats, in particular, offer a proven franchise model backed by over a century of industry leadership and innovation, plus the latest technology.

Key reasons to invest:

Resilient Revenue: Tap into a steady cash flow, even during economic downturns.
Strong Financials: Gain an average annual revenue that ranges from $525K to $1M+, with top-tier EBITDA margins up to 38%.
Turnkey Simplicity: Enjoy minimal daily management, comprehensive training and ongoing support.
Modern Experience: Drive repeat business with cashless payments, high-efficiency equipment and inviting amenities.

Your Step-By-Step Guide to Starting a Laundromat Business

Here’s how to start your journey today.

CONNECT: Request our FDD and start your journey.

REVIEW: Read the FDD (you’ll have 14 days to review it), consult your advisors and talk to other franchisees.

APPLY: Submit your application and get qualified.

SIGN: Finalize your agreement and pay the franchise fee ($49,500 per store). Interested in multiple locations? Ask about our Area Development Agreement and multi-unit discounts!

SELECT: You’ll have 180 days to research and choose your site and submit your selection for approval. We’ll respond within 30 days to your query.

BUILD: Secure your site and outfit your store.

TRAIN: Complete our training program.

OPEN: Prep, launch and celebrate your grand opening.

GROW: Access ongoing Speed Queen support and resources.

Key Benefits of a Speed Queen® Laundromat Franchise

Speed Queen makes it easy for investors and entrepreneurs to enter the laundromat business with confidence and start reaping the rewards:

Turnkey simplicity

We handle the details—just invest and launch.

Simple operations

Less hands-on daily management than other service-based retail businesses.

Comprehensive support

Training, marketing and ongoing guidance.

You’ve got questions. We’ve got answers.

The total initial investment ranges from $1,199,663 to $1,983,000 per store, including a $49,500 franchise fee. For multiple stores, the investment and fees are discounted per additional unit.

Your initial training includes a variety of self-directed, classroom and on-the-job experiences. This includes you and up to two additional people at no charge. Supplemental training is also available from Speed Queen for an additional cost, if you need it.

As with any investment, there are important considerations. For example, while rare, you’ll resolve disputes in Wisconsin. You’ll also use trusted vendors for supplies and may be asked to sign documents with your spouse. Since the Speed Queen laundromat franchise program is newer, support and processes are continually improving as the brand grows. If you have questions, Speed Queen is happy to help.

Speed Queen is there to support you as you launch and grow your business. You’ll have a dedicated franchisee success team ready to assist you with whatever issue you run into.

Yes, you may renew for two additional 10-year terms if you meet renewal conditions like maintaining a good standing, regularly updating equipment and timely payment of your renewal fee.

You’ll be responsible for site selection, pre-opening purchases, ongoing training, compliance with standards, payment of fees, insurance and advertising. For a full list, refer to item 9 in the FDD.

Yes. Contact Alliance Laundry Systems, LLC. Qualified franchisees can receive up to 80% of project costs.

If you’re ready to get started or have questions, simply fill out the form at the bottom of this page.

Ready to Own a Laundromat Franchise?

Let’s talk! If you’re considering owning a Speed Queen Laundry franchise, simply fill out the form below and we’ll get in touch!