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LaundroLab
A walk-in, self-serve laundromat business offering laundromat services and related laundry services and products to customers under the LaundroLab brand.
Your franchise match score
Maintenance & Cleaning Services
Brand super powers
Recession Resistant
Tax Advantages
Simple Labor Model
Limited Product Inventory
Brand highlights
- CEOAlex Smereczniak
- Headquarters4444 South Boulevard, Charlotte, NC, 28209
- Year founded2020
- Year started franchising
- IndustryMaintenance & Cleaning Services
- Locations open12 (+11 last three years)
Statistics & metrics
- Investment range$1,182,500 - $1,715,500
- Franchise fee$49,500
- RoyaltyBeginning in the month immediately after the Waived Royalty Period and continuing throughout the remainder of the franchise term, your Royalty will be the greater of: (i) $500 per month; or (ii) 6% of your Gross Revenues.
- Brand fundCurrently, 1% of Gross Revenues and not to exceed 2% of Gross Revenues.
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Maintenance & Cleaning Services industry:
Commercial and residential cleaning services are essential for maintaining healthy environments. This industry is known for its recurring revenue models and relatively low barriers to entry.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-03-11
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about LaundroLab, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of LaundroLab's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving LaundroLab, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a LaundroLab franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information LaundroLab provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 12 |
| Franchise locations | 10 |
| Corporate locations | 2 |
System growth over time
FAQs
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