Laundry Franchise Flows Cash Quickly amp Provides Maximum Profits
49950 USD
QR Code Link to This Post Franchise Fee: $49,950 due at signing
Royalty: 5.5%
Minimum Net Worth $400,000
Liquid Capital Required: $150,000
Average Total Investment Includes Franchise Fee $450,000 to $600,000
Multiple Locations are Available
Partial Financing Available
Founded: 2012
Franchised: 2016
Can Be Home Based: No
VetFran Member: Yes
Right Site (Understand Demographics and Competition in the area)
+
Right Size (Best size store based on Demographics and Competition)
+
Right Mix (Best mix of Equipment for the Site)
=Maximum Profits (Keep all costs under control for maximum profits)
Why the Laundry industry?
The industry has no brand, no business sophistication, and massive turnover from operator to operator.
This franchise business model is the perfect absentee business. 5 hours/week to operate
Part Time Employees: 2-4
Our ideal franchisee/candidate:
A business savvy owner who realizes that partnering in a fragmented industry and working with a proven Franchise Start-up guru (launched three and grew three brands into a national footprint) This brand is not glamorous but cash flows and scales quickly.
Home Based: No
Absentee ownership available: Yes
Accepting Master Franchisor and Area Developer Referrals: Yes
Average number of employees required: 2-4 part time
Providing earnings guidance in Item 19 in FDD: Yes
E2 Visa Friendly: Yes