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WaveMAX

Information based on 2024 FDD
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Brand Highlights
  • Founded in 2012
  • Franchising Since 2016
  • 50 US Franchises
  • $351,455 - $1,515,350 Investment Range
  • $410,988 Average Gross Revenue
  • 6% Royalty Fee
  • $49,950 Franchise Fee
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Franzy Fit Score

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Brand Description

WaveMAX is revolutionizing the laundromat industry with its modern, technology-driven approach to laundry services. Established in 2012, WaveMAX has quickly become a standout leader in the sector, offering a premium laundry experience that combines state-of-the-art equipment with exceptional customer service.

What sets WaveMAX apart is their commitment to innovation and cleanliness. Their facilities feature advanced washing machines with sanitizing UV light technology – the same system used by the Mayo Clinic – ensuring the highest standards of hygiene. The smart machines include features like alternating drum rotation for superior drying efficiency and multiple load size options to accommodate everything from daily loads to bulky items like comforters.

The brand has eliminated the hassle of coins through a convenient card-based payment system that includes mobile notifications when cycles are complete. This modern approach allows customers to efficiently manage their time while doing laundry. Each location is meticulously maintained, with attendants who actively clean machines between uses and provide exceptional customer assistance, even helping customers transport their laundry from their vehicles.

WaveMAX locations are strategically positioned in convenient areas, often alongside complementary businesses like grocery stores and retail shops. The facilities feature comfortable waiting areas with TVs and reading spaces for children, transforming the traditional laundromat experience into a pleasant, efficient service.

For entrepreneurs, WaveMAX represents an opportunity to own a technology-forward business in the essential services sector, backed by a proven operational model and strong customer satisfaction ratings. The veteran-owned company maintains high standards across all locations, ensuring a consistent, quality experience that keeps customers returning.

Financial Summary
Franchise Fee
$49,950
Investment Range
$351,455 - $1,515,350
Investment Midpoint
$933,403
Minimum Cash Required
$351,455
Royalty Fees
6%
Brand Fund
1%
Brand Bragging Rights
Coming soon
Financial Analysis
Franzy provides comprehensive financial analysis to users, offering invaluable insights into investment ranges, gross revenue, and other key financial metrics. This detailed analysis helps prospective franchisees understand the financial commitments and potential returns associated with different franchise opportunities. By leveraging Franzy's data-driven approach, users can make informed decisions and find the perfect franchise that aligns with their financial goals and risk tolerance.

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
Expected Investment Range
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Average Gross Sales
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Financing
Financing Details

Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like WaveMAX. 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
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FranFund

Financing Partner

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Location Analysis
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.

Total US Locations51
Open Franchises50
Corporate Locations1
Average Sq. FootN/A sq/ft
Territory Map

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Map

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Franchise Net Unit Growth
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Additional Information

Executive Team

Get to know the leadership behind WaveMAX. Learn about the experience and expertise of the executive team guiding WaveMAX's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).

Litigation

Review any legal actions or pending litigation involving WaveMAX. 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 WaveMAX'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 WaveMAX'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).

Frequently Asked Questions
Disclaimer

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.

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