About LaundroLab
Liquid Capital: $500,000
Net Worth Requirement: $1,000,000
Franchise Fees: $49,500
Royalty: 6%
Training and Support: Available
Home Office: Charlotte, NC
CEO: Alex Smereczniak
Investement Range $1,182,500 - $1,715,500
LaundroLab is revolutionizing the laundromat industry by providing a tech-centric customer experience with modern conveniences, safety features, and amenities that today’s consumers desire. Positioned in a $5 billion market, LaundroLab is setting new standards with its innovative approach to self-service laundry, aiming to disrupt the traditional laundromat business model. With over 200 years of collective franchise experience within the BrandONE team, LaundroLab offers a proven track record and a strong support system for its franchisees.
Why Choose LaundroLab?
- Growing and Essential Market: Operating within a $5 billion industry that shows consistent growth and is recognized as an essential business with no dominant national player.
- Innovative Customer Experience: Offers a tech-centric experience with free WiFi, smartphone payment options, loyalty programs, and state-of-the-art equipment that ensures a quick and efficient laundry process.
- Comprehensive Amenities: Enhances customer visits with vending, merchandising, arcade gaming, and convenient wash-and-fold services handled by an attendant.
- Semi-Absentee and Efficient Operation: Allows franchisees to monitor key performance indicators remotely, making it a sound investment with a successful business model that is both recession and pandemic resistant.
Ideal Franchisee Profile
LaundroLab is seeking motivated entrepreneurs, or 'Laundropreneurs', who are eager to engage in a semi-absentee business model that offers strong returns and operational simplicity. Ideal candidates should:
- Be Investment Savvy: Ready to invest in a business with a simple labor model, low marketing spend, and significant tax advantages.
- Growth-Oriented: Looking to achieve exceptional cash flow and quick ROI with a 20-30% cash-on-cash return on investment.
- Tech-Forward: Enthusiastic about using modern technology to enhance the customer experience and streamline operations.
- Community-Focused: Aim to provide a valuable service that enhances the community, with a strong commitment to customer satisfaction.
Searching for more information? Download the 2024 LaundroLab FDD below.
This web page does not constitute a franchise offering or an offer to sell a franchise. A franchise offering can be made by the franchise only in a state if first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if provided with an appropriate franchise disclosure document.
