FranchiseVerdict
LaundroLab logo
FV-01459·STRONGExcellent95

LaundroLab

Cleaning - Commercial & JanitorialFranchising since 2022Website
Investment
$1.0M – $1.9M
97th pct Commercial & …
Avg revenue
$538K
25th pct Commercial & …
Royalty
Units
24
34th pct Commercial & …
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $1.0M – $1.9M including a $50K franchise fee.
  • Average unit revenue of $538K/year (median $562K). Estimated payback in 12.2 years.
  • Rated STRONG with a risk score of 49/100. SBA loan default rate of 0.0% across 30 loans (below the industry average).
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
LaundroLab, LLC
Parent company
2ULaundry, Inc.
Incorporated in
North Carolina
HQ
520 Elliot St., Charlotte, NC 28202
Auditor
Aprio, LLP
Audited financials
Franchisor revenue
$207K
vs $849K prior year
⚠ Going-concern note
Disclosed in FDD 2026
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one LaundroLab unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $537,787
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restoration
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $1.0M–$1.9M
Working capital
$
FDD reports $75K–$150K

Unlevered ROIC · per unit

4%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$59K
EBITDA margin
11.0%
Total invested
$1.6M
Payback
318 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 LaundroLab units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$430K

on $2.2M purchase

Total debt

$1.7M

SBA $1.1M + senior + seller note

Overview

About

LaundroLab franchisees operate self-service or attended laundromat facilities, managing coin/card operations, equipment maintenance, cleaning, and customer service. Day-to-day operations include monitoring machines, restocking supplies, conducting facility upkeep, and handling customer complaints or technical issues.

CEO
Jason Lepes
Founded
2020
FDD year
2026
States available
11

Item 7 · what it costs

The Vitals

Total investment
$1.0M – $1.9M
All-in to open one unit
Liquid capital
$75K – $150K
Cash you must have on hand
Franchise fee
$50K
Royalty
Greater of $500 per month or 6% of Gross Revenues
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical
Payback period
12.2 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$538K
Per unit, per year
Median gross sales
$562K
Item 19 type
Average of all businesses
Sample size
10 units
vs category median 32 · small
Range (low → high)
$193K$1.1M
Cohort dispersion
Transparency
10 / 5
vs category median 4 / 5 · above
Revenue rank25th
vs Cleaning - Commercial & Janitorial peers
Investment cost rank97th
Lower investment ranks lower (better)
Royalty rate rank66th
Lower royalty = lower percentile (better)
Unit count rank34th
vs Cleaning - Commercial & Janitorial peers
Risk score rank31th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
24
Opened
12
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
92%
vs corporate-owned
Net growth (yr3)
Outlier (see FDD)
Likely small-sample artifact
2024
10+12
Franchised units
2025
3
Franchised units
2026
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 18 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 18 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
30
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

49
Risk · 0-100
STRONG49 / 100

LaundroLab is a micro-franchise system experiencing explosive growth (233% YoY) with tight unit economics and high payback timelines; sustainability and franchisee profitability claims require rigorous validation against actual franchisee tax returns.

Score breakdown · what drove the 49 / 100 rating

  1. 01MINORExtreme unit growth of 233% YoY suggests either aggressive expansion phase or previous contraction recovery—unsustainable growth rates carry collapse risk
  2. 02MINORNet profit margin of 22% ($118,677 on $537,787 revenue) is healthy but average revenue figure lacks clarity on whether this includes top/bottom quartile variance
  3. 03MINORHigh initial investment ($1.03M–$1.87M) with relatively modest average net income ($118,677) yields 9–16 year payback period before accounting for ongoing royalties
  4. 04MINORRoyalty structure (greater of $500/month floor or 6%) incentivizes revenue recognition games and creates cash flow pressure for lower-performing units
  5. 05MEDOnly 24 units total is a micro-franchise system with limited operational scale and data reliability for projections
  6. 06MEDNo Item 19 financial performance representation disclosed in provided data—critical missing validation

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Drive-time based
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
North Carolina

Item 11

Training & Operations

Classroom training
13 hrs
On-the-job training
13 hrs
POS system
LaundryPulse, LaundryPay, Parlevel, Screen Cloud, Acronis, CleanCloud, and QuickBooks Online
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

37 numbers

Locked
(248) 977-••••
MI
(480) 219-••••
AZ
(720) 769-••••
CO

One-time purchase · CSV download · Validation questions included

FDD download

LaundroLab · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above