FranchiseVerdict
Laundry Spot logo
FV-01460·CAUTIONExcellent95

Laundry Spot

Cleaning - Commercial & JanitorialFranchising since 2025Website
Investment
$1.3M – $2.2M
99th pct Commercial & …
Avg revenue
$761K
36th pct Commercial & …
Royalty
5.0%
6th pct Commercial & …
Units
4
12th pct Commercial & …
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $1.3M – $2.2M including a $60K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $761K/year (median $768K). Estimated payback in 5.7 years.
  • Rated CAUTION with a risk score of 70/100. SBA loan default rate of 0.0% across 2 loans (below the industry average).
  • Emerging franchise — only 1 year of franchising with 4 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
The Laundry Spot Franchise LLC
Incorporated in
Ohio
HQ
1875 S. Erie Blvd., Hamilton, OH 45011
Auditor
Divine, Blalock, Martin & Sellari, LLC
Audited financials
Franchisor revenue
$0
Most recent fiscal year

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 Laundry Spot unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $761,444
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: $1.3M–$2.2M
Working capital
$
FDD reports $30K–$75K

Unlevered ROIC · per unit

5%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$99K
EBITDA margin
13.0%
Total invested
$1.8M
Payback
219 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 Laundry Spot 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

$914K

on $4.6M purchase

Total debt

$3.7M

SBA $2.3M + senior + seller note

Overview

About

Franchisees operate coin-operated and/or full-service laundromat facilities, managing equipment maintenance, customer service, facility cleaning, and cash handling. Day-to-day operations involve monitoring machine functionality, restocking supplies, ensuring facility security, processing transactions, and handling customer complaints in a self-service or attended-service model.

CEO
Dan Reese
Founded
2025
FDD year
2026
States available
1

Item 7 · what it costs

The Vitals

Total investment
$1.3M – $2.2M
All-in to open one unit
Liquid capital
$30K – $75K
Cash you must have on hand
Franchise fee
$60K
Royalty
5.0%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical
Payback period
5.7 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$761K
Per unit, per year
Median gross sales
$768K
Item 19 type
Actual
Sample size
4 units
vs category median 32 · small
Range (low → high)
$484K$1.0M
Cohort dispersion
Transparency
10 / 5
vs category median 4 / 5 · above
Revenue rank36th
vs Cleaning - Commercial & Janitorial peers
Investment cost rank99th
Lower investment ranks lower (better)
Royalty rate rank6th
Lower royalty = lower percentile (better)
Unit count rank12th
vs Cleaning - Commercial & Janitorial peers
Risk score rank86th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
4
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
4
Corporate units in the system
% franchised
0%
vs corporate-owned
2024
0±0
Franchised units
2025
0
Franchised units
2026
0
Franchised units

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

Item 20 · 10 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 · 10 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
2
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

70
Risk · 0-100
CAUTION70 / 100

Laundry Spot presents meaningful risk due to going concern status, minimal system scale (4 units), unverified financial claims, and extended break-even timelines that expose franchisees to prolonged capital exposure.

Score breakdown · what drove the 70 / 100 rating

  1. 01HIGHGoing Concern issue — franchisor may have financial instability affecting support and viability
  2. 02MINOROnly 4 units systemwide — extremely small franchise system with unknown/likely stagnant growth trajectory
  3. 03MINORHigh investment-to-net-income ratio — $1.27M–$2.24M investment against $308K avg net income = 4.1–7.3 year payback (high risk)
  4. 04MEDNo Item 19 financial data disclosed — cannot verify if $761K revenue and $308K net income are accurate or representative
  5. 05MINORUnclear unit economics — 4 units is insufficient sample size; franchisees may experience vastly different results

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Boundary
Protected territory
Yes
Initial term
10 years
Renewal term
10 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
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Ohio

Item 11

Training & Operations

Classroom training
26 hrs
On-the-job training
40 hrs

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

17 numbers

Locked
(217) 782-••••
HI
(608) 266-••••
OH
(701) 328-••••
NY

One-time purchase · CSV download · Validation questions included

FDD download

Laundry Spot · FDD (2026) PDF

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