SPEED QUEEN
SPEED QUEEN Laundry Franchise, LLC
Free for qualified buyers
Investment Range
$1,199,663 - $1,983,000
Franchise Fee
$49,500
Royalty
4%
Marketing Fee
2%
Total Units
29
Median Revenue
$544,226/yr
Unit Growth
2022
24
2023
28
2024
29
Initial Investment Breakdown
| Category | Low | High |
|---|---|---|
| Franchise Fee (1) | $49,500 | $49,500 |
| Leasehold Improvements (2) | $375,000 | $687,500 |
| Washer and Dryer Equipment (3) | $530,000 | $938,500 |
| Technology Package (4) | $43,568 | $45,000 |
| Computer System Equipment (5) | $17,295 | $19,000 |
| + 7 more categories (apply to see all) | ||
| TOTAL INVESTMENT | $1,199,663 | $1,983,000 |
Financial Performance Data
Access detailed revenue metrics, expense breakdowns, and profitability data from the Item 19 Financial Performance Representation.
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Apply for Free AccessIs SPEED QUEEN a Good Investment?
Based on the FDD data, here are key factors to consider when evaluating a SPEED QUEEN franchise opportunity:
Potential Advantages
- •Competitive royalty fee of 4%
- •Clean legal record with no disclosed litigation or bankruptcy
- •Financial Performance Representation (Item 19) available for review
Considerations
- •Smaller franchise network may offer less brand recognition
- •Higher initial investment requires significant capital
Disclaimer: This analysis is based on publicly available FDD data and should not be considered financial advice. Always consult with a franchise attorney and accountant before making any investment decision.
Frequently Asked Questions About SPEED QUEEN
How much does a SPEED QUEEN franchise cost?
The total initial investment for a SPEED QUEEN franchise ranges from $1,199,663 to $1,983,000. This includes the franchise fee, equipment, inventory, real estate, and other startup costs as disclosed in the FDD.
What is the SPEED QUEEN franchise fee?
The initial franchise fee for SPEED QUEEN ranges from $49,500 to $49,500.
What are the ongoing fees for a SPEED QUEEN franchise?
SPEED QUEEN franchisees pay a 4% royalty fee and a 2% marketing/advertising fee on an ongoing basis.
How many SPEED QUEEN franchise locations are there?
SPEED QUEEN currently operates 29 franchise locations. This includes both franchised and company-owned units.
Quick Facts
Free for qualified franchise buyers
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- Historical year-over-year trends
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- Download FDD documents
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