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Spin Doctor Franchising LLC

Spin Doctor Franchising LLC

Spin Doctor Franchising, LLC franchises premium quality laundromat service businesses under the Spin Doctor Laundromat brand, offering five business models including a standard modern, coinless, full-service laundry with high-performance Electrolux washers and dryers. Franchisees operate spacious, fully attended stores featuring free Wi-Fi, child play areas, drop-off wash-and-fold services, commercial accounts, cable TV, and vending. The business model targets residential customers seeking convenient laundry services and commercial clients, with investment ranging from $237,375 to $1,357,000 for a single unit.

$237K–$1357K
ServicesTrenton, NJwww.SpinDoctorLaundromat.comDisclaimer

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Franchise Costs

Franchise Fee
$30,000
Initial Investment
$237,375 – $1,357,000
Royalty Rate
6.00%
Brand Fund
1.50%
Fixed Monthly Fees
$250 – $500

6% royalty + 1.5% marketing fund + $250-$500/mo software subscription

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$504,431.26
Average Net Income
$123,638.1
Average Net Profit
$160,437.23
Average Gross Profit
$497,872.61

Data Based On: One company-owned Spin Doctor Laundromat business in operation for the period 1/01/2023 – 12/31/2023, with financials adjusted to reflect typical franchisee costs for royalties and marketing fund contributions.

* Average net income for a franchisee was calculated by taking the 'Net Operating Income' of the company-owned unit ($160,437.23) and subtracting the reported royalty fees ($29,439.30) and marketing fund fees ($7,359.83) that a franchisee would typically pay, as specified in the document.

Extracted Item 19 Section

Avg. Revenue: $504,431

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Spin Doctor Franchising LLC Franchise Analysis

Laundromats have long been a low-drama business for passive income seekers, but Spin Doctor's premium, attended model flips the script with tech-forward features like coinless payments and commercial accounts. Item 19 earnings data hints at solid top-line potential in a recession-resistant niche, while a single SBA loan record raises questions about scale. Can this tiny system deliver the spin cycle your portfolio needs, or is it stuck in neutral?

Item 7 outlines a wide initial investment of $237,375 to $1,357,000 for a single unit, covering high-end Electrolux equipment, buildout for spacious stores with Wi-Fi, play areas, and vending—far pricier than basic coin-ops but justified by full-service appeal. Franchise fee hits $30,000 upfront, followed by 6% royalty, 1.5% brand fund, and $250-$500 monthly software fees, totaling ongoing costs around 8% plus extras. Item 19 reveals average gross revenue of $504,431 across units, suggesting breakeven possible in year one at the low end if volumes hit projections, though profitability hinges on local density and commercial deals.

System maturity lags with just one corporate location and zero net growth from 2022 to 2023, signaling early-stage risks despite 3 projected new units in the 2025 FDD. One SBA loan averaging $620,000 appears without defaults noted, but the scant track record means higher execution risk versus established players. For hands-on operators in underserved residential/commercial markets, the revenue tease looks promising; passive investors might wait for expansion proof before committing big capital.

Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.

How Spin Doctor Franchising LLC Compares

Key Insights

  • Higher investment than 90% of Cleaning Services franchises
FranchiseInvestmentFeeRoyaltyLocations
Spin Doctor Franchising LLC
Current
$237K – $1.4M$30K6.0%0
COVERALL COMMERCIAL CLEANING FRANCHISE$18K – $64K$16K5.0%5,669
VCS BUSINESS$14K – $37K$5K6.0%1,914
THE MAIDS$82K – $160K$57K6.9%1,517
Chem-Dry$119K – $265K$36K7.0%1,099
MERRY MAIDS$127K – $170K$55K7.0%802
Cleaning Services Average
78 franchises
$177K – $370K$46K7.1%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 78 Cleaning 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

Top States
1NJ
1

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SBA Loan History


Historical SBA 7(a) loan data for Spin Doctor Franchising LLC franchisees (20252025)

Total Loans
1
Average Loan
$620,000
Total Volume
$0.6M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

1 SBA loans on record

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Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
0
Sold to Franchisees
0
Projected New
3

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Frequently Asked Questions

The total initial investment to open a Spin Doctor Franchising LLC franchise ranges from $237,375 to $1,357,000. This includes a franchise fee of $30,000. Ongoing royalty fees are 6.0% of gross sales.