Franchise Fee: $49,950
Royalty: 6%
Total Investment: $1,000,000 - $1,500,000
Can Be Home Based:
No
Founded: 2012
Franchised: 2016
VetFran Member: Yes
The perfect absentee business! As cliche as it is location, location, location is obviously number one. We have developed our own proprietary approach to discerning the best possible real estate play for our locations. It includes:
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 turn over from operator to operator.
- This is the perfect absentee business. 6-8 hours/wk to operate
