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.
Franchise Costs
6% royalty + 1.5% marketing fund + $250-$500/mo software subscription
Financial Performance
Item 19 Financial Performance
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
How Spin Doctor Franchising LLC Compares
Key Insights
- Higher investment than 87% of Cleaning Services franchises
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Spin Doctor Franchising LLC Current | $237K – $1.4M | $30K | 6.0% | 0 |
| THE MAIDS | $82K – $160K | $57K | 6.9% | 1,517 |
| Chem-Dry | $119K – $265K | $36K | 7.0% | 1,099 |
| MERRY MAIDS | $127K – $170K | $55K | 7.0% | 802 |
| OpenWorks | $4K – $134K | $25K | 15.0% | 615 |
| OXI FRESH CARPET CLEANING | $54K – $105K | $48K | N/A | 481 |
Cleaning Services Average 72 franchises | $187K – $374K | $45K | 7.1% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 72 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
SBA Loan History
Historical SBA 7(a) loan data for Spin Doctor Franchising LLC franchisees (2025 – 2025)
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.
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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.
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