About SPEED QUEEN Laundry Franchise
Speed Queen is a self service laundry franchise backed by Alliance Laundry Systems, LLC, one of the world's leading commercial laundry equipment manufacturers.
The brand leverages Speed Queen's legendary reputation for durable, high performance washers and dryers to offer a premium laundromat experience.
Founded in 1936, Speed Queen brings decades of manufacturing expertise to its franchise model.
SPEED QUEEN Laundry Franchise Cost & Fees
Minimum Investment
$1.2M
Average Investment
$1.6M
Maximum Investment
$2.0M
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $49,500 | One-time payment upon signing |
| Royalty Fee | 4% of Gross Sales Payable each month by See Note of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1% of Gross Sales | National brand fund |
| Total Investment Range | $1,199,663 – $1,983,000 | Includes build-out, inventory, working capital |
The investment range of $1.2M–$2.0M reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (4% of Gross Sales Payable each month by See Note) and marketing fee (1% of Gross Sales) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Lump Sum Franchise Us Agreement Leasehold As incurred before Improvements | $375,000 | $687,500 |
| including Washer and Dryer Upon delivery prior those owned | $530,000 | $938,500 |
| Distributors, Vendors, Technology | $43,568 | $45,000 |
| Parent, Us, Affiliates Computer System | $17,295 | $19,000 |
| Lump Sum Prior to opening Vendors Supplies and Upon delivery | $4,000 | $9,000 |
| before opening Architect, Variance times Engineer, Design and Permit | $34,500 | $38,500 |
| Amount To Whom Type of Method of When Due Payment is to Expenditure Low High Pay | $29,500 | $31,000 |
| As incurred before Employees, | $20,000 | $40,000 |
| s contribution for tenant improvements ranging from zero dollars | $0 | $35 |
| The cost of the components of the technology package that you must purchase from | $43,568 | $45,000 |
| We estimate the cost of the opening detergent, laundry bags, office supplies, cl | $4,000 | $9,000 |
| Speed Queen Stores Estimated Amount To Type of Method When Payment Is Whom Expen | $99,500 | $99,500 |
| Agreement Remainder of Upon signing | $49,000 | $49,000 |
| Lump Us Franchise Fees Franchise Agreement Business Plan Preparation/ Third | $1,000 | $5,000 |
| Based Above for See Table Above for Above for | $3,450,489 | $5,800,500 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $5,000 |
| Technology Fee | 1% |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Franchisor does not offer financing. |
SPEED QUEEN Laundry Franchise Earnings — Item 19
Average Revenue
$525284.0M
Median Revenue
$89K
Revenue Range
$50K – $6.0M
Past financial performance does not guarantee future results. Individual results will vary.
SPEED QUEEN Laundry Litigation & Risk Flags
Clean Litigation RecordSPEED QUEEN Laundry has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
SPEED QUEEN Laundry System Growth
Total Units
44
Franchised
28
Company-Owned
16
SPEED QUEEN Laundry currently operates 28 franchised locations and 16 company-owned units. Unit count data is sourced from Item 20 of the FDD.
SPEED QUEEN Laundry Franchise — FAQ
The total investment to open a SPEED QUEEN Laundry franchise ranges from $1,199,663 to $1,983,000, per their Franchise Disclosure Document. This includes the initial franchise fee of $49,500. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
SPEED QUEEN Laundry charges a royalty fee of 4% of Gross Sales Payable each month by See Note of gross sales, plus a 1% of Gross Sales contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the SPEED QUEEN Laundry Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from SPEED QUEEN Laundry to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, SPEED QUEEN Laundry franchise owners report average revenue of $525284.0M and median revenue of $89K. Past performance does not guarantee future results.
SPEED QUEEN Laundry has been offering franchise opportunities. The FDD shows an investment range of $1,199,663-$1,983,000, a 4% of Gross Sales Payable each month by See Note royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $49,500 and the total investment ranges from $1,199,663 to $1,983,000 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from SPEED QUEEN Laundry and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with SPEED QUEEN Laundry or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com