LaundroLab Franchise

LaundroLab aims to create a strong social fabric among all those in the community.

To buy a franchise with LaundroLab, you'll need to have at least $350000 in liquid capital and a minimum net worth of $750000. LaundroLab charges a franchise fee of $49500.

searchfinde

Franchisor Details

Incorporated Name: LaundroLab, LLC
Total Units: 1
Year Founded: 2018
Franchising Since: 2020
Home Office: Charlotte, NC
Training: Available
Locations Available: See Below*
Franchise Costs

Franchise Costs

Financing: Via 3rd party
Liquid Capital Required: $350,000
Net Worth Required: $750,000
Total Investment: $321,330 – $482,650
Franchise Fee: $49,500
Royalty Type: 6%
Vetern Discount: -

*LaundroLab is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming

Values & History

Founded in 2016, LaundroLab is a thriving community of customers, franchisees, and employees who strive for individual and team excellence by holding one another accountable.

LaundroLab is not in the business of being average. LaundroLab is in the business of being the best. We listen to the customer and each other.

We learn from our mistakes and our triumphs. We live a life of excellence for ourselves and those around us.

Industry Performance

Market Demand & Advantage

With so many Laundromat industry market forces, unit-specific benefits, and the ultimate team, tools, and technology backing your journey, an investment with LaundroLab will be the best decision you ever make. The industry is $5.3 billion in annual revenue and continuously growing and with no dominant players in the game right now, we plan on making a big splash. Laundromats being an essential business with the ability to be run in a semi-absentee manner with simple labor, marketing and inventory are just some of the benefits of buying into a LaundroLab.

Once you set foot in our stores, you can immediately recognize how safe, friendly and modern they are with top-of-the-line equipment and amenities to make you and your customers reimagine the Laundromat experience.

You'll get to work with our dedicated team members, learning all the ins and outs of a LaundroLab and experience firsthand why we're so confident this will be a game-changer.

We here at LaundroLab truly believe that your success is all of our success.

Training & Support

Monitor all equipment performance and maintenance requirements remotely through the LaundryPulse platform. The LaundryPay app allows customers to view machine availability, pay through their phone, and receive notifications when their cycle is complete.

We have a direct relationship with the industry's best laundry equipment manufacturer and distributors, so you can get the best deals and support possible.

There will be training in the form of online modules as well as in-person training close to the time of the grand opening.

Ideal Candidate & Qualifications

Our ideal franchisee:

  • Is a motivated entrepreneur with the drive to get in on the ground floor of an emerging franchise brand
  • Is currently (or working towards becoming) an expert in the laundromat industry and more specifically with the LaundroLab brand

Purchasing a LaundroLab Franchise

Franchise Fee: $49,500. Net Worth Required: $750,000. Total Investment: $321,330 - $482,650. Liquid Capital Required: $350,000.

We're currently accepting inquiries from the following states:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming.

About @WORK Group

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
protect

LaundroLab is a FranNet Verified Brand

FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.

About @WORK Group

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
protect

LaundroLab is a FranNet Verified Brand

FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.