WAVEMAX COIN LAUNDRY
WaveMAX Laundry offers franchises for operating self-service laundromats equipped with washers, dryers, and facilities for wash-dry-fold services, with optional mobile pickup and delivery upon approval. The business model utilizes proprietary methods, technology, equipment, and operating procedures under the WaveMAX brand to provide laundry services from fixed retail locations. It targets customers without home laundry access in a competitive market including other coin-op laundromats, full-service providers, and potential national chains.
Franchise Costs
6% royalty + up to 1% national ad fund + $500/mo local marketing + POS/tech fees $85-$395/mo
Financial Performance
Item 19 Financial Performance
Data Based On: 50 franchised outlets open for the full 2024 calendar year, meeting inclusion criteria as stated in FPR#2 on page 3.
* Average and median gross revenue are directly taken from the summary table for FPR#2 (Franchisee Gross Revenue 2024) on page 4. The underlying data for 50 franchised outlets was manually extracted from pages 3 and 4, parsing all 'Total Gross Revenues' values (handling 'Note 5' in 'Wash Dry Fold Revenue' by using the 'Gross Revenue (excluding Wash Dry Fold)' value), and verified against these summary statistics. Profit-related metrics are set to null as 'Note 2' explicitly states that financial performance representations do not reflect costs of sales, operating expenses, or other costs or expenses required to obtain net income or profit.
Extracted Item 19 Section
How WAVEMAX COIN LAUNDRY Compares
Key Insights
- Higher investment than 91% of Cleaning Services franchises
- Higher than average SBA loan default rate in Cleaning Services
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
WAVEMAX COIN LAUNDRY Current | $359K – $1.6M | $55K | 6.0% | 65 |
| 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 | $51K – $87K | $48K | N/A | 454 |
Cleaning Services Average 75 franchises | $189K – $373K | $46K | 7.2% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 75 Cleaning Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2025)
Outlets by state across the United States
+7 more states
SBA Loan History
Historical SBA 7(a) loan data for WAVEMAX COIN LAUNDRY franchisees (2018 – 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.
Franchisee Contacts
126 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
126 Contacts Available
Unlock all WAVEMAX COIN LAUNDRY franchisee contacts with verified contact information
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 WAVEMAX COIN LAUNDRY franchise ranges from $359,105 to $1,600,850. This includes a franchise fee of $54,950. Ongoing royalty fees are 6.0% of gross sales.
Download WAVEMAX COIN LAUNDRY FDD
Complete Franchise Disclosure Document — 2026 filing.
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Download WAVEMAX COIN LAUNDRY FDD
Complete Franchise Disclosure Document — 2026 filing.
Best Value — Save with Full Access
- Access the full database of 1,700+ franchise FDDs
- Franchisee names, phone numbers & locations
- Revenue data, fees, investment breakdowns
- SBA loan history & default rates
- Litigation, bankruptcy & due diligence data
- Pay once, access everything forever
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