Speed Queen Laundry Business Opportunities in 2025
Speed Queen is revolutionizing the laundromat experience with modern, bright store designs focused on comfort, safety, and convenience. Featuring 24/7 staffing, live security cameras, free Wi-Fi, and family-friendly amenities, Speed Queen offers a superior customer experience. Backed by over a century of expertise in commercial laundry, franchisees benefit from advanced technology, strong brand recognition, and comprehensive support to drive success in a growing industry.
Requirements
Financial requirements for this opportunity:
| Liquid Capital: | $300,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $2,000,000 What does Net Worth mean? |
| Franchise Fee: | $49,500 What does Franchise Fee mean? |
| Total Investment: | $1,163,500 - $1,940,000 What does Total Investment mean? |
| Royalty Fee: | 6% |
Options
Options available to owners:
| Financing: | Available |
|---|---|
| Training: | Available |
| Veteran Discount: | a $5,000 reduction in the initial franchise fee for qualified veterans of the U.S. Armed Forces |
Company Details
Facts about this opportunity:
| Total Units: | 15 |
|---|---|
| Home Office: | Ripon, WI |
| Year Founded: | 2016 |
| Franchising Since: | 2020 |
| Training: | The initial training program provides franchisees and their representatives with comprehensive instruction, covering topics such as operations, equipment maintenance, and marketing, totaling 45 hours of online/classroom and 47 hours of on-the-job training. Training is overseen by an experienced manager and includes access to detailed instructional materials. Ongoing support is provided through technology packages and potential supplemental training, ensuring franchisees are well-equipped to manage |
What Does a Speed Queen Laundry Opportunity Cost?
Interested parties should have at least $300,000 in liquid capital to invest and a minimum net worth of $2,000,000. Owners can expect to make a total investment of $1,163,500 - $1,940,000. Speed Queen Laundry charges a franchise fee of $49,500. They also offer financing as well as a discount for veterans (a $5,000 reduction in the initial franchise fee for qualified veterans of the U.S. Armed Forces). *
About Speed Queen
Speed Queen stores are unlike other laundromats you may have visited. We’ve created a bright, open layout for your customers with an emphasis on safety. The store design features the comforts of home, including a kids’ play area, comfortable seating and free high-speed internet. Every store is also staffed and equipped with live security cameras that are always recording.
We’ve completely redesigned the in-store laundry experience, providing new features and benefits both customers and owners can appreciate.
Store Features
- Bright, open design
- Increased safety
- Kids’ area with secured iPads
- Family table with plugin ports
- Live cameras record 24/7
- Staffed 24/7
- Free Wi-Fi
- Community partnerships
- Cashless stores
- Payment app
- Industry leading technology
Why Choose Speed Queen
As a leader in commercial laundry, Speed Queen understands the industry from the inside out. While we have been making world-class laundry equipment since 1908, we are much more than a manufacturer. 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.
Ideal Candidate
The ideal franchisee is a passionate, resilient, and adaptable individual with strong business acumen, leadership skills, financial stability, positive attitude and a commitment to the brand's values, who can effectively implement and execute established strategies.
Video
Availability
Speed Queen Laundry is currently accepting inquiries from the following states:
Arizona, California, Florida, Illinois, North Carolina, Texas
Interested parties should have at least $300,000 in liquid capital to invest.
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