view through conversion

Speed Queen Laundry

Speed Queen

Start a Speed Queen Laundry Franchise

Request FREE information about this opportunity now > Request FREE information about this opportunity now > Added to the list
Information Requested
Request FREE Info Request FREE Info Added to the list
Information Requested

Speed Queen Laundry, a leader in the commercial laundry industry, has been setting the standard for excellence in laundry equipment since 1908. As a part of Alliance Laundry Systems, Speed Queen is renowned for building world-class machines and developing innovative technologies that have revolutionized the laundry experience.

Low-Cost, High-Reward Opportunity in the Laundry Industry


With a franchise model that combines state-of-the-art machines with exceptional customer service and cutting-edge technology, Speed Queen provides a streamlined, efficient, and profitable business opportunity for franchisees. Offering a simple yet effective approach to business operations, Speed Queen has transformed laundromats into modern, clean, and safe spaces, making it a better place to do your laundry.

WHY CHOOSE SPEED QUEEN

Speed Queen Laundry offers a number of advantages that make it a standout franchise opportunity:
  • Low Labor Costs: With the machines doing the heavy lifting, your labor needs and associated costs are significantly reduced, allowing for simpler operations.
  • Cashless Simplicity: Customers pay up front for their cycles via an app-based payment system, eliminating the need for handling cash or coins and simplifying accounting processes.
  • Low Inventory Requirements: Aside from a small inventory of over-the-counter products, Speed Queen franchises require minimal stock, making them less vulnerable to supply chain disruptions.
  • Multiple Revenue Streams: Beyond self-service laundry, franchisees can expand their income with additional services such as wash, dry, fold, retail sales, pickup and delivery, and commercial accounts.
  • Remote Management: Franchisees benefit from cutting-edge technology that allows for remote management, providing flexibility and control over daily operations.
  • Low Start-Up Costs: The total investment ranges from $1 million to $2 million, with in-house financing available up to 90%, making it easier for prospective franchisees to get started.

TRAINING & SUPPORT

Speed Queen provides comprehensive support and training to ensure franchisee success:
  • Real Estate and Construction: Assistance with finding the ideal location and guidance throughout the construction process.
  • Training: In-depth training programs to prepare franchisees for running their stores efficiently, from operations to customer service.
  • Operations & P&L Support: Continuous support to optimize business operations, improve profitability, and maximize efficiency.
  • Marketing: Strong marketing resources to help drive traffic to your store and build brand awareness.
  • IT & Security: Access to cutting-edge software tools for remote management, along with security measures to ensure the safety of your location.
  • Ongoing Franchisee Support: Speed Queen remains committed to providing ongoing support, from operational troubleshooting to marketing strategies.

IDEAL CANDIDATE

The ideal Speed Queen Laundry franchisee is someone who:
  • Has a minimum net worth of $2 million, with $300,000 in liquid assets.
  • Possesses excellent communication skills and a strong ability to follow instructions.
  • Is financially responsible and able to manage the financial aspects of the business.
  • Has an entrepreneurial mindset and a willingness to adhere to proven systems and processes.
  • Is dedicated to providing a high-quality customer experience and ensuring the success of the business.
Speed Queen Laundry offers a unique opportunity to own and operate a modern, efficient, and customer-focused business with strong growth potential. If you’re looking to join a franchise system that combines low overhead, a flexible business model, and a respected brand, Speed Queen could be the perfect fit for you.

 

Ready to get started?


Request information below to learn more
Speed Queen Laundry Financial Data
The following financial information was provided by Speed Queen Laundry to give you more information about the costs associated with a Speed Queen Laundry opportunity
Minimum Cash Required
$300,000
Total Investment Range
$300,000 - $1,500,000
Required Net Worth
$2,000,000
SQ 1.jpg
SQ 2.jpg
SQ 3.jpg
SQ 4.jpg
SQ 5.jpg
SQ 6.jpg
SQ 7.jpg
SQ 8.jpg
Available Locations:
Single-unit, multi-unit opportunities available in AZ, CA, FL, IL, TX, WI.
Business Type:
Franchise
MINIMUM CASH REQUIRED:
$300,000
Financing Assistance
Direct
Training Provided:
Yes
VETERANS
Discount for qualified military veterans
5%
Request FREE Info Request FREE Info Added to the list
Information Requested

You have saved info requests

Complete Your Request