Invest in an Essential Business

Speed Queen® Laundry provides necessary services


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

of laundromats are single store operations2


laundromats in the US3


of laundromats have 1–3 employees4


in gross revenue annually3


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