Revise Franchise Results
Speed Queen Logo

Speed Queen

What does a Speed Queen Franchise Cost?

Owning a Speed Queen franchise is a smart investment in a stable industry. Laundromats thrive in both periods of economic growth and recession. The total investment for a Speed Queen Laundry store can range from $490,000 - $1,275,000 depending on your build out costs and requires a minimum of $300,000 in liquid assets. Prospective candidates should also have a minimum net worth of $1,500,000 - $2,000,000.

Total Investment$490,000 - $1,275,000
Cash Required$300,000
Business TypeFranchise
Target MarketSee List

A Sound Investment.

Laundromats thrive in both periods of economic growth and recession. Laundromats see an average cash-on-cash ROI of 20–35%* in the U.S. — much higher than most alternative investments. And when you factor the flexibility and low labor costs, laundromats just make sense.Since 1908, Speed Queen has been a leader in commercial laundry and understands the industry inside out.

And now we’ve taken one of the few remaining fragmented industries and transformed it into a growing global laundry brand.

Become a Speed Queen franchise owner today.

Open a Speed Queen in any of these available states: IL

About

Redefining The Laundry Industry

From real estate, construction and financing to ongoing operations and marketing support with the backing of a billion-dollar company, Speed Queen has redefined the laundromat industry with an experience model that’s developed for scale. With an above average rate of return for below average risk, nearly 94.8% of Speed Queen Laundry corporate stores have seen success.

Speed Queen Does it Better than Anyone

From advanced controls and cloud-based management platforms to laundry-focused financing and hundreds of Speed Queen Laundry stores around the world, Speed Queen technology makes the business of laundry more efficient, accessible and advantageous.A Better Business Model For Laundromats

As the owner of a Speed Queen Laundry franchise, you’ll receive a comprehensive solution with a structure for launching, operating and growing a successful branded laundromat. Using our experience running company-owned stores, we’ve made it easier for franchisees to earn more and spend less time and effort opening and operating their laundromats. Plus, with our comprehensive cloud-based management system, you can run your business from anywhere at any time.

A Better Place To Do Your Laundry

Both customers and owners will appreciate the features and benefits of our stores that are designed with families in mind. With an emphasis on safety and featuring modern conveniences, Speed Queen Laundry stores offer a truly memorable laundry experience for your customers.

Multiple Revenue Streams

Keep growing your business by taking advantage of additional service opportunities past your core self-service laundry customers, including:

  • Wash, dry, fold
  • Over-the-counter retail sales
  • Machine add-ons
  • Pickup/delivery
  • Commercial accounts

Ideal Investors

The ideal laundromat investor is looking for an opportunity with a unique combination of stability, flexibility and profitability. If an all-cash, low cost business requiring minimal time and effort sounds appealing, you may be a good candidate. Whether you are looking for a single or multi-unit franchise opportunity, increase the return on your investment with a Speed Queen Laundry franchise.

*Wallace, B. (2014, December 9). Getting Into the Laundry Business [Webinar]. Retrieved October 6, 2015.

This website and the franchise sales information on this site do not constitute an offer to sell a franchise. The offer of a franchise can only be made through the delivery of a Franchise Disclosure Document (FDD). Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of one of these states, we will not offer you a franchise unless and until we have registered the franchise (or obtained an applicable exemption from registration) and complied with the pre-sale disclosure requirements that apply in your jurisdiction.

* This information may have changed since first published. We recommend that you always verify fees, investment amounts, and offers with the business opportunity directly prior to making a decision to invest.

Contact This Company

Other Franchises Looking For Owners Like You in California

Batteries Plus

Over 30 years of consistent growth. Ongoing support. Multiple revenue streams. Whether you’re looking into owning your very first store, or you’re interested in adding to your existing franchise portfolio, Batteries Plus is here to help. Learn more about…

Cash Required: $100,000

Category: Retail Franchises

ClaimTek Systems

Start a Medical & Dental Billing and Practice Management Business – Work from anywhere, part-time or full-time, flexible schedule, huge profit margins! Healthcare is the growth industry of the 21st century! Read more about this exciting opportunity now!

Cash Required: $20,000

Category: Financial Franchises

Minuteman Press

Own an Essential B2B Printing & Marketing Franchise with a proven business model, low inventory, work-life balance, great products & services that every business needs. No prior experience is needed. Be part of the modern printing industry.

Cash Required: $50,000

Category: Printing Packing & Shipping

BrightStar Care

BrightStar Care has proven to be recession resistant by providing skilled and non-skilled in-home health care and medical staffing. Our franchisees improve the health and quality of life for their clients while easing the caregiving burden on their loved…

Cash Required: $100,000

Category: Healthcare & Senior Care

American Business Systems

American Business Systems (ABS) is the fastest way to start your own medical billing business. 100% Money-Back Guarantee. Profit from ABS’ 25 years as America's leader in Medical Billing and get Live Online Training and Free Lifetime Support.

Cash Required: $30,000

Category: Business Services

Automated Investments

Automated Investments is the pillar of e-Commerce automation. Automated Investments build and operate profitable and hands off Amazon FBA (Fulfilled-By-Amazon) businesses for their clients and investors. While the clients and investors act as the capital…

Cash Required: $100,000

Category: Business Opportunities

PostalAnnex

Today's busy lifestyles demand the services PostalAnnex offers. Capitalize on this demand and open your own business!! After retiring from the printing business PostalAnnex founder Jack Lentz began working out of his home as a business consultant. He soon…

Cash Required: $70,000

Category: Printing Packing & Shipping

Expedia Cruises

Own a piece of the most powerful brand in travel! Expedia Cruises is a full-service leisure travel agency anchored by our deeply passionate expertise for air, land, and sea vacations and backed by the most powerful travel brand in the world – Expedia.

Cash Required: $100,000

Category: Travel Franchises

The Learning Experience

Make a positive difference in the lives of children, families & communities! With 500+ sites open or under development, The Learning Experience® (TLE) has become one of the nation’s fastest growing child care franchise organizations. TLE is one of the…

Cash Required: $150,000

Category: Education Franchises

The Patch Boys

There is a high demand for drywall repair services, but most general contractors and larger construction companies won’t take on small repair or installation jobs, and handyman services don’t have the expertise to deliver the seamless results that they do.…

Cash Required: $75,000

Category: Home Services

Decorating Den Interiors

For decades, we have helped talented individuals turn their passion into a profitable business. Decorating Den Interiors provides its franchise partners with turnkey support systems, camaraderie, incredible support, training, and tools necessary to start a…

Cash Required: $50,000

Category: Home Services & Repair Franchises

My Business Venture

My Business Venture gives you the ability to start an online business from your home. We provide you access up to 1 million products & you chose up to 2,500 you want to feature on your website! MBV’s 10% Price Guarantee on all items on your website ensures…

Cash Required: $10,000

Category: Computer & Internet Franchises

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.

We are asking for your phone number so the businesses you have requested more information from can call/text you to chat with you more about their opportunity. We do not share your phone number with anyone other than the specific businesses you are interested in learning more about.