Invest in an Essential Business

Speed Queen® Laundry provides necessary services

NOW FRANCHISING

We currently have a franchise opportunity for our Chicago market. A Speed Queen Laundry store on W. Grand Avenue on the city’s northwest side is now available.

This investment opportunity won’t last long — contact us today to begin your franchise investment with Speed Queen Laundry.

Why a Speed Queen Laundry Franchise?

Not just essential, but an excellent experience.

For more than 110 years, the Speed Queen name has been recognized for quality and the pinnacle of clean. A Speed Queen Laundry franchise puts cutting-edge technology, quite literally at yours and your customers’ fingertips. Quantum Touch-controlled washer-extractors deliver exceptional hygienic results and give owners the flexibility to tailor their own special cycle offerings to meet customers’ needs — a vital option in times of crisis, when public safety is top of mind.

Your Speed Queen Laundry also puts customers first by offering user-friendly features, such as a mobile payment app, which eliminates cash exchange/collection and reduces touch points in the store — another welcomed benefit when cleanliness is not just essential, but critical.

A Snapshot of the Industry
54%

of laundromats are single store operations2

0

laundromats in the US3

68%

of laundromats have 1–3 employees4

$0

in gross revenue annually3

77%

in gross revenue annually2

Multiple Revenue Streams

Keep growing your business by taking advantage of additional service opportunities past your core self-service laundry customers.

  • Wash, dry, fold
  • Over-the-counter retail sales
  • Machine add-ons
  • Pickup/delivery
  • Commercial accounts

Low Start-Up Costs

The total investment for a Speed Queen Laundry store can range from $500,000 to $1.5 million7, depending on your build out costs. Speed Queen’s in-house financing could allow you to be up and running with a deposit as low as 10% of your overall costs.*

Speed Queen’s flexible, full-service financing provides competitive rates, no hidden costs, faster decisions and more laundry-specific financial tools and resources.

*The range of the deposit will be between 10-30%. Rates are subject to formal credit approval and credit score.8