WAVEMAX COIN LAUNDRY

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.

65
Locations
$359K–$1601K
Investment
Since 2016
Franchising
Download FDD
ServicesJacksonville, FLwww.wavemaxlaundry.comDisclaimer

Franchise Costs


Franchise Fee
$54,950
Item 5 of FDD
Initial Investment Range
$359,105 $1,600,850
Low: $359,105High: $1,600,850
Item 7 of FDD
Royalty Rate
6.00%
of gross sales
Brand Fund
1.00%
Item 6 of FDD
Fixed Monthly Fees
$585 – $895
Item 6 of FDD

6% royalty + up to 1% national ad fund + $500/mo local marketing + POS/tech fees $85-$395/mo

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0

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
FranchiseInvestmentFeeRoyaltyLocations
WAVEMAX COIN LAUNDRY
Current
$359K – $1.6M$55K6.0%65
THE MAIDS$82K – $160K$57K6.9%1,517
Chem-Dry$119K – $265K$36K7.0%1,099
MERRY MAIDS$127K – $170K$55K7.0%802
OpenWorks$4K – $134K$25K15.0%615
OXI FRESH CARPET CLEANING$51K – $87K$48KN/A454
Cleaning Services Average
75 franchises
$189K – $373K$46K7.2%

* 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

Top States
1TX
19
2AZ
11
3CO
6
4MI
4
5NC
3
6MD
3
7CA
3
8FL
2
9OH
2
10OK
1
11TN
1
12UT
1
13WA
1
14CT
1
15GA
1

+7 more states

SBA Loan History


Historical SBA 7(a) loan data for WAVEMAX COIN LAUNDRY franchisees (20182025)

Total Loans
26
Average Loan
$714,396
Total Volume
$18.6M
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.

Franchisee Contacts


126 franchisee contacts on file from official FDD filings.

NameSBA 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)

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
1
Transfers
3
Sold to Franchisees
0
Projected New
12

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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