LaundroLab
Founder
Dan D'Aquisto
Home Office Location
520 Elliot Street, STE 105, Charlotte, NC 28202
Company Founded
2016
Began Franchising
2021
Industry
Laundry
Industry Size
$40 billion
Veteran Discount
If (i) you are a Veteran, or (ii) the shareholders, members, or partners owning at least 51% of franchised business are Veterans then we will discount our initial franchise fee for your first location by 10%.
Group Health Insurance
No
Company Units Open
2
Franchise Units Awarded All Time
124
Franchise Units Awarded Last 12 Months
17
Franchise Units Open
23
Number of franchisees
30
Relationship Builder
Desire to scale / multi-unit ownership
No Industry Experience Required
Leadership Skills
Community Centric
Business Acumen
Brand Summary
LaundroLab is disrupting the laundromat industry. The laundromat industry as a whole is years behind other comparable industries in terms of advancements and attention to customer service.
LaundroLab is fixing this by re-imagining the antiquated and fragmented laundromat industry with our customer-first approach, providing a one-stop-shop of laundry needs for customers of all types effectively changing the model from self service laundromats to full service laundry centers.
Our owners are excited to be a part of building the first nationally recognized brand in this space, while also making a positive impact in our communities along the way.
* The Numbers
$1,032,785 - $1,873,965
Investment Range
$537,787
Average Total Revenue
22
Average EBITDA %
6%
Royalty
2% of gross revenue
Brand Fund
$1,500,000
Financial Requirements
DISLAIMER: *REFER TO MOST RECENT FRANCHISE DISCLOSURE DOCUMENT ITEM 19. THIS INFORMATION MAY HAVE CHANGED SINCE FIRST PUBLISHED. WE RECOMMEND THAT YOU ALWAYS VERIFY FEES, INVESTMENT AMOUNTS, AND OFFERS FOR THE FRANCHISE OPPORTUNITY DIRECTLY WITH THE FRANCHISOR PRIOR TO DECIDING TO INVEST.
Franchise Features
Recession Resistant
Tax Advantages
Simple Labor Model
Limited Product Inventory
Frequently Asked Questions
DO THEY OFFER FINANCING TO HELP BUY THE FRANCHISE?
No, but 3rd party vendors including preferred rates from equipment distributor
WHAT KIND OF TECHNOLOGY DO THEY HAVE IN PLACE?
Project Visualizer, Job Management, Scheduling, CRM, Inventory Management, Billing and Logistics
DO THEY OFFER FLEXIBLE OWNERSHIP?
Yes
DO THEY OFFER A DISCOUNT TO VETERANS?
If (i) you are a Veteran, or (ii) the shareholders, members, or partners owning at least 51% of franchised business are Veterans then we will discount our initial franchise fee for your first location by 10%.
