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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.
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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
Avg. Revenue: $504,431
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Unlock financial performance dataSpin 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
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Spin Doctor Franchising LLC Current | $237K – $1.4M | $30K | 6.0% | 0 |
| COVERALL COMMERCIAL CLEANING FRANCHISE | $18K – $64K | $16K | 5.0% | 5,669 |
| VCS BUSINESS | $14K – $37K | $5K | 6.0% | 1,914 |
| 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 |
Cleaning Services Average 78 franchises | $177K – $370K | $46K | 7.1% | – |
* 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
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Unlock location growth dataSBA 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.
1 SBA loans on record
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Unlock SBA loan historyDue Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Unlock due diligence reportsFrequently 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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