- 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
Use the Pre-qualification tool to see how much funding you could qualify for and see if you can affor a WaveMAX franchise.
Get pre-qualified for financingWaveMAX 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.
How much does it cost to start a franchise with WaveMAX?
- 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%
The laundromat industry benefits from recession-resistant fundamentals driven by essential service demand and demographic shifts toward rental housing. WaveMAX's semi-absentee model appeals to investors seeking passive income opportunities with lower operational complexity than traditional retail concepts.
Established in 2012 with 51 active units, WaveMAX demonstrates moderate system maturity and steady expansion. The franchise leverages experienced leadership from proven franchise developers, providing operational infrastructure and site selection expertise critical for location-dependent businesses.
Key investment considerations include the capital-intensive nature of commercial laundry equipment and the importance of demographic targeting for sustainable performance. The franchise emphasizes multi-unit development opportunities, suggesting scalability for qualified investors.
Ideal investors should possess substantial liquid capital given equipment requirements and longer lease-up periods typical in the laundromat sector. Market selection remains critical, requiring thorough demographic analysis and competitive assessment. Prospective franchisees should carefully evaluate revenue expectations against sub-sector performance during due diligence.
Understand What It Takes to Get Started!
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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.
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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
The franchise's exceptional 4.74 average rating across thousands of customer reviews indicates strong operational consistency and market acceptance. This performance metric is particularly impressive in the laundry sector, where customer expectations for cleanliness and service reliability are high.
Market analysis reveals opportunities in underserved regions, particularly in the Northeast and Western states. Successful locations typically feature proximity to residential areas with high renter populations, college campuses, and multi-family housing developments. The franchise shows particular strength in mid-sized cities where competition from traditional laundromats may be less sophisticated.
Ideal locations should target areas with median household incomes between $40,000-$75,000, population density exceeding 2,500 per square mile, and limited competition within a 2-mile radius. The franchise's modern approach to laundry services appears to resonate strongly in markets with younger, tech-savvy demographics, suggesting potential for expansion in similar metropolitan areas.
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.
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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).
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 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
Use the Pre-qualification tool to see how much funding you could qualify for and see if you can affor a WaveMAX franchise.
Get pre-qualified for financing
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