A New Spin On Franchising

A New Spin On Franchising

LaundroLab will disrupt the growing but archaic laundromat industry by providing customers with a tech-centric customer experience with the convenience, safety and amenities they desire. Our technology suite provides patrons with free WiFi, ability to pay via their smart phone, as well as participate in our loyalty program. Our state of the art equipment can get patrons in and out in under an hour. In addition, amenities like vending, merchandising, arcade gaming are available, as well as service options like wash-and-fold by our attendant on premises. LaundroLab provides its franchisees with a successful semi-absentee business model that allows them to monitor their key performance indicators via their smart phones and other devices.

• Semi-Absentee Model: Work as little as 5-10 hours per week, with remote flexibility
• Recession Resistant: Laundromats thrive during economic growth and recession
• Strong Unit Economics: Our Item 19 proves healthy financials with quick ROI

Why LaundroLab

With so many laundromat industry market forces, unit-specific benefits, and the ultimate team, tools, and technology backing your journey, an investment with LaundroLab will be the best decision you ever make!

The industry is $5.3 billion in annual revenue and continuously growing and with no dominant players in the game right now, we plan on making a big splash. Laundromats being an essential business with the ability to be run in a semi-absentee manner with simple labor, marketing and inventory are just some of the benefits of buying into a LaundroLab.

Once you set foot in our stores, you can immediately recognize how safe, friendly and modern they are with top-of-the-line equipment and amenities to make you and your customers reimagine the laundromat experience.

You’ll get to work with our dedicated team members, learning all the ins and outs of a LaundroLab and experience firsthand why we’re so confident this will be a game changer. We here at LaundroLab truly believe that your success is all of our success!

The Laundromat Industry 

The Laundromat industry is ripe for disruption and a very stable industry with profits you can count on!

• 85% own 3 or fewer stores
• 30,000 Laundromats nationwide
• 30% Fully attended locations
• $5.3B Laundromat industry

Laundromats are a stable industry because cleaning clothes is non-discretionary income. As you can imagine, many customers of laundromats don’t have in-unit washers and dryers.

With the increased urbanization and concentration of neighborhoods with renters at the rate of around 10 million in the 2010s alone, there will be room for constant growth in this industry.

The more modern equipment enables the customer to pay via cards and mobile payment in addition to cash and coins. In other industries, there may be a 30-60 day payment cycle, but with all these options, there is no lead time in the laundromat industry.

This alleviates much of the small business cash flow problems — 82% of small businesses fail due to cash flow problems, according to Business Inside — and any uncertainty of how much cash is on hand.

Better Than the Rest

Investing in LaundroLab provides numerous advantages, some of which are gained by market forces and others that are gained per-location.

Essential Business: The US government declared laundromats and laundry services essential business during the COVID-19 pandemic, showing that laundromats can succeed in times of economic growth and recession.

Semi-Absentee: Technological advances in washers and dryers have enabled owners to view equipment usage, performance, and malfunctions from anywhere, with laundromat customers being virtually self-served.

Tax Advantages: The Tax Cuts and Jobs Act of 2017 has provided owners extra tax incentives on washers and dryers through January 1st, 2023 that includes bonus depreciation and more.

Simple Labor: Store owners have an average of between 1-2 full time employees and 4-5 part-time employees to manage. Very minimal training is required to get attendants up to speed on laundromat operations.

Low Marketing Spend: Laundromat marketing spend is low compared to many other industries since the majority of customers are within a 2-mile radius. Factors like site selection and organic search are more crucial to success.

Limited Inventory: Franchise owners don’t need warehouses of equipment in stock to operate a laundromat. 1-2 vending machines of laundry products and snacks are enough to meet and exceed customer demand and satisfaction.

Why We're Different

Safe, Friendly, and Modern

Our attendants, equipment, and amenities make LaundroLab a once in a lifetime laundromat experience that customers come back for on a weekly basis!

• Fully Attended: LaundroLabs are always attended, ensuring safety, cleanliness and helpful customer interaction. 
• Best-in-Class Equipment: State-of-the-art washers and dryers built by Electrolux, a reliable brand in the laundry industry.
• Amenity-Driven: The Ritz Carlton of laundromats providing endless amenities like free WiFi, relaxing lounge access, engaging arcade games & more!

5-Star Franchisee Experience

Say hello to a top-notch franchisee experience through our additional revenue streams, attractive financing options, and insightful technology.

• Multiple Revenue Streams: Generate additional revenue from wash, dry, fold service, laundry product and snack vending machines, and commercial accounts.

*National Account Program available in select cities.

• Attractive Financing Options: We have a direct relationship with the industry’s best laundry equipment manufacturer and distributors, so you can get the best deals and support possible!
• Suite of Technology Solutions: Monitor all equipment performance and maintenance requirements remotely through the LaundryPulse platform. The LaundryPay app allows customers to view machine availability, pay through their phone, and receive notifications when their cycle is complete.

Become an Owner

Are you a motivated entrepreneur with the drive to get in on the ground floor of an emerging franchise brand? If you are currently or working towards becoming an expert in the laundromat industry and have at least $350K in liquid capital we want to hear from you! Request information to learn more about becoming an a franchise owner with LaundroLab today!