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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.
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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
Avg. Revenue: $471,201
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Unlock financial performance dataWAVEMAX COIN LAUNDRY Franchise Analysis
Picture Jacksonville's laundromat scene transforming under WaveMAX Coin Laundry's modern twist on self-service, blending coin-op reliability with wash-dry-fold and app-enabled options. Their 2026 FDD's Item 19 drops revenue insights from a network now spanning 65 spots, hinting at steady cash flow in an industry often dismissed as low-tech. But with 26 SBA loans lighting the path for new owners, does this 14% growth rocket mask expansion risks or signal untapped neighborhood goldmines?
Item 7 lays out a hefty upfront commitment: $359,105 to $1,600,850 total investment, kicked off by a $54,950 franchise fee. Ongoing hits include 6% royalties on gross sales, 1% brand fund, plus $500 monthly local marketing and $85-$395 POS/tech fees—positioning WaveMAX as premium-priced against bare-bones coin-ops. Item 19 shines brightest, reporting $471,201 average gross revenue and $436,114 median across units, implying top performers crush it while the middle pack holds firm; no net profit figures, but these toplines suggest 20-30% margins post-expenses in efficient setups, especially sans staff for self-serve.
System vitality screams momentum: from 57 locations in 2024 to 65 in 2025 (+14%), with 12 projected new units and just 3 transfers signaling low churn. One corporate store anchors operations, while 26 SBA loans averaging $714,396 underscore lender confidence for big-ticket builds. For buyers eyeing recession-proof services, these metrics flag scalability in underserved urban pockets—but validate local demographics and competition, as national chains loom.
Analysis based on the 2026 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How WAVEMAX COIN LAUNDRY Compares
Key Insights
- Higher investment than 93% 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 |
| 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 80 franchises | $175K – $366K | $46K | 7.0% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 80 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
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Unlock location growth dataSBA 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.
26 SBA loans on record
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Unlock SBA loan historyFranchisee Contacts
126 franchisee contacts on file from official FDD filings.
126 Contacts Available
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Unlock contactsDue 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 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.
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