- Founded in 1998
- Franchising Since 2019
- 12 US Franchises
- $1,163,500 - $1,940,000 Investment Range
- $591,589 Average Gross Revenue
- 4% Royalty Fee
- $30,000 Franchise Fee
Use the Pre-qualification tool to see how much funding you could qualify for and see if you can affor a Speed Queen franchise.
Get pre-qualified for financingSpeed Queen represents a compelling opportunity in the booming self-service laundry industry, offering a proven business model that combines cutting-edge technology with exceptional customer service. With a history dating back to 1998, Speed Queen has established itself as a leader in modern laundromat operations, featuring state-of-the-art washing and drying equipment known for reliability and efficiency.
What sets Speed Queen apart is their innovative approach to the traditional laundromat concept. Their locations are characterized by clean, well-maintained facilities that often include convenient amenities such as comfortable waiting areas, vending machines, and digital payment systems. The franchise stands out for its automated detergent dispensing system, which provides customers with high-quality cleaning products included in the wash price, ensuring consistent results and simplified operations.
Speed Queen franchisees benefit from a comprehensive support system that includes site selection assistance, equipment maintenance programs, and ongoing operational guidance. The business model is designed to be semi-absentee, allowing owners to maintain other professional commitments while building a stable income stream. Their locations typically feature a mix of various capacity machines to accommodate different customer needs, from regular household laundry to bulky items like comforters and rugs.
The brand has earned a strong reputation for excellence in customer service, with locations consistently receiving positive feedback for their cleanliness, efficiency, and helpful staff. As a Speed Queen franchise owner, you'll be positioned to provide an essential service while building a sustainable business in your community.
- Franchise Fee
- $30,000
- Investment Range
- $1,163,500 - $1,940,000
- Investment Midpoint
- $1,551,750
- Minimum Cash Required
- $1,163,500
- Royalty Fees
- 4%
- Brand Fund
- 1%
Franzy's financial analysis tools are designed to guide users every step of the way, ensuring they have all the information needed to invest wisely and succeed in the franchise market. Learn More
Understand What It Takes to Get Started!
Discover the financial commitment required to launch this franchise. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.
Answer a few quick questions - just 15 seconds - to reveal this detail and take the first step toward your dream business!
See the Revenue Potential!
Curious about how much you could earn? The average gross sales data gives you a realistic view of the franchise's earning potential and success stories from existing franchisees.
Provide a little information about yourself (it only takes 15 seconds) to access this valuable insight and start planning your future success!
Financing Details
Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like Speed Queen. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.
Why Financing with Franzy Partners?
Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.
Finance Partners
Location Summary
Explore Franzy's Location Analysis to get a comprehensive overview of franchise and corporate locations. With detailed metrics, including total US locations, open franchises, corporate sites, and average square footage, this section provides valuable insights into the geographical footprint and operational scale of each brand. Whether you're looking for the density of franchises or specific regional presence, our location analysis helps you make informed decisions.
Access the detailed territory map to find prime locations and see where this franchise operates. This information is vital for understanding your market potential and exclusivity rights.
Complete a short questionnaire in just a minute to uncover this map and identify the perfect territory for your business!
Track Growth to Gauge Success!
See how this franchise is expanding over time. The net unit growth reveals the health and popularity of the brand—key indicators for a promising investment.
Answer a few brief questions to access this growth data and make an informed decision about your future! It only takes 15 seconds and is completely free.
Executive Team
Get to know the leadership behind Speed Queen. Learn about the experience and expertise of the executive team guiding Speed Queen's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).
Litigation
Review any legal actions or pending litigation involving Speed Queen. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).
Bankruptcy
Review Speed Queen's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).
Franchisor Assistance
Learn about Speed Queen's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).
The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.
- Founded in 1998
- Franchising Since 2019
- 12 US Franchises
- $1,163,500 - $1,940,000 Investment Range
- $591,589 Average Gross Revenue
- 4% Royalty Fee
- $30,000 Franchise Fee
Use the Pre-qualification tool to see how much funding you could qualify for and see if you can affor a Speed Queen franchise.
Get pre-qualified for financingFranchises for you
Personalize Results.jpg&w=3840&q=75)
Min Investment
Pink Zebra Moving
$131,032
Founded: 2020
12+Active Units
$1,066,635 Gross Revenue
Min Investment
Martinizing Dry Cleaning
$396,031
Founded: 1949
138+Active Units
N/A Gross Revenue
