Laundrolab
LaundroLab franchises the right to operate self-service laundromats offering laundry services and related products to walk-in customers under the LaundroLab brand. Franchisees follow a proprietary operating system that includes specific standards for design, equipment, procedures, and marketing to ensure consistent quality and service. The target market is individuals and households seeking convenient, self-serve laundry solutions.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
6% royalty (greater of 6% or $500/mo) + 1% brand fund (up to 2%) + $300/mo technology fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 3 franchisee-owned LaundroLab businesses operating for at least 12 full calendar months in 2023
* Calculated average gross revenue from 3 franchised units: (484183+490057+286562) / 3 = $420267.33. Median gross revenue is the middle value from the sorted list. For top and bottom quartiles with a sample size of 3, the highest and lowest values were used respectively.
Extracted Item 19 Section
How Laundrolab Compares to Other Home Services Franchises
Key Insights
- Higher investment than 100% of Home Services franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Laundrolab Current | $1.2M - $1.7M | $50K | 6.0% | 10 |
| MERRY MAIDS | $127K - $166K | $55K | 7.0% | 933 |
| HOLIDAY LIGHTING HEROES | $150K - $177K | $127K | 10.0% | 653 |
| SIGN GYPSIES | $4K - $5K | $1K | N/A | 587 |
| MOSQUITO AUTHORITY | $54K - $128K | $45K | 10.0% | 546 |
| Culligan | $130K - $814K | $40K | 2.0% | 460 |
Home Services Average 129 franchises | $145K - $290K | $53K | 7.0% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 129 Home Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2023)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for Laundrolab franchisees (2022 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Laundrolab franchise?
The total initial investment to open a Laundrolab franchise ranges from $1,182,500 to $1,715,500. This includes a franchise fee of $49,500. Ongoing royalty fees are 6.0% of gross sales.
How much revenue does a Laundrolab franchise make?
According to the 2024 FDD, the average gross revenue for a Laundrolab franchise is $420,267.33. The median revenue is $484,183.
How many Laundrolab franchise locations are there?
As of the 2024 FDD, Laundrolab has 10 franchise locations.
Can you get an SBA loan for a Laundrolab franchise?
Yes, SBA loans are available for Laundrolab franchises. Historical data shows 15 SBA 7(a) loans have been approved for Laundrolab franchisees, with an average loan amount of $902,507. The historical default rate is 0.0%.
Is Laundrolab a good franchise to buy?
Laundrolab shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
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