Spin Doctor LaundromatFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Spin Doctor Laundromat franchise requires a total initial investment of $490K – $1.4M, including a $30K franchise fee and an ongoing 6.0% royalty[2]. Per the 2025 FDD, average unit revenue was $521K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $490K – $1.4M
- 80th pct Cleaning & Ma…
- Avg gross sales
- $521K
- 18th pct Cleaning & Ma…
- Royalty
- 6.0%
- 10th pct Cleaning & Ma…
- Units
- 1
- 2nd pct Cleaning & Ma…
- SBA default
- N/A
Quick verdict · Cleaning & Maintenance · color = vs category peers
Green = >15% above Cleaning & Maintenance avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
At 0.6x revenue per dollar invested, this system underperforms the typical 1.5-2.5x range.
Started franchising in 2023. Newer systems carry more uncertainty but may offer better territories.
Bottom line
- Total investment $490K – $1.4M including a $30K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $521K/year, with an estimated 12% cash-on-cash return (based on P&L Bottom Line).
- Verdict A (Top Quintile) with a risk score of 42/100.
- Revenue data based on only 1 reporting unit. Treat as directional, not definitive. Ask franchisees directly for current unit economics.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Spin Doctor Franchising, LLC
- CEO title
- President
- Cathy McBarnette
- CEO experience
- 13 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- DE
- HQ
- 17 Flagger Lane, Trenton, NJ 08619
- Auditor
- NAPER CPA GROUP
- Audited financials
- Franchisor revenue
- $6K
- vs $75K prior year
Overview
About
Franchisees operate self-service and potentially attendant-staffed laundromat facilities, managing daily coin/card collection, machine maintenance, cleaning, utilities, and customer service. Operations require location management, equipment upkeep, inventory control for detergent/supplies, and potentially 24/7 facility oversight depending on model.
- CEO
- Cathy McBarnette
- Headquarters
- NJ
- Founded
- 2020
- FDD year
- 2025
- States available
- 1
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $30K | $30K |
| Working capital (3–6 mo) | $45K | $100K |
| Equipment, build-out, other | $415K | $1.3M |
| Total initial investment | $490K | $1.4M |
Source: Spin Doctor Laundromat 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$60K
11.5% margin
Unlevered ROIC
6%
EBITDA / total invested capital
Payback
17.0 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $490K – $1.4M
- Below avg, review vs category
- Liquid capital req'd
- $45K – $100K
- Below avg, review vs category
- Franchise fee
- $30K – $30K
- Better than avg vs category
- Royalty
- 6.0%
- Gross Sales · typical 6–8%
- Ad fund
- 1.5%
- typical 3–5%
- Total fee load
- 7.5%
- vs 9–13% typical
- Payback period
- 8.3 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 1.5% of gross sales |
| Technology fee | $200 |
| Training fee | $500 |
| Transfer fee | $10K |
| Renewal fee | $5K |
| Total fee load | 7.5% of rev |
Financial Performance
- Avg gross sales
- $521K
- Per unit, per year
- Median gross sales
- N/A
- Avg p&l bottom line
- $114K
- Reported as P&L Bottom Line in FDD Item 19
- Cash-on-cash
- 12.1%
- Based on P&L Bottom Line / investment midpoint
- Item 19 type
- Historical
- Sample size
- 1 units
- vs category median 31 · small
- Transparency
- 9 / 5
- vs category median 4 / 5 · above
Compared against 204 Cleaning & Maintenance brands
Revenue is only 0.6x the investment. This means each unit may take 5+ years to recoup the initial outlay at typical margins.
vs Cleaning & Maintenance averages
How Spin Doctor Laundromat Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 1
- Opened
- 0
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
3-year detail · Item 20
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 4 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).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 1 7(a) loan on file; statistical reliability is limited below 10 loans.
- Total loans
- 1
- Loan volume
- $620K
- Median loan
- $620K
- 50th percentile
- Charge-off rate
- N/A
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 1
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Spin Doctor Laundromat's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 1 lenders with concentration factor
- Per-state charge-off rates across 1 states
- Startup risk premium and job creation velocity
- 1-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Early-stage laundromat franchise with unproven system scalability, undisclosed financial performance data, and franchisor going concern issues presents meaningful execution risk despite reasonable unit economics.
Litigation (Item 3)
No litigation is required to be disclosed in this Item.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · NAPER CPA GROUP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 42 / 100 rating
- 01MINOROnly 1 unit in system with unknown growth trajectory suggests early-stage or stalled expansion
- 02HIGHGoing Concern status is FALSE, indicating potential financial instability at franchisor level
- 03MINORWide investment range ($490K-$1.4M) with single unit data creates uncertainty about actual capital requirements and ROI variability
- 04MINORNet income of $113,947 on $521,280 revenue (21.8% margin) may be optimistic given royalties, maintenance, and labor costs not detailed
- 05MEDNo Item 19 Financial Performance Representation disclosed, limiting ability to validate earnings claims
- 06MINORSingle unit prevents franchisee validation and suggests franchisor may lack operational proof of concept at scale
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Territory type | Population |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 25 mi |
| Territory population | 20,000 |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Delaware |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation is required to be disclosed in this Item.
Items 10, 11
Training & Operations
- Classroom training
- 46 hrs
- On-the-job training
- 36 hrs
- Training location
- Franchisor's facility and on-site at restaurant
- Ongoing training
- Required
- Time to open
- 9 mo
- From signing to launch
- POS system
- LaundryCard/Payment System
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: LaundryCard/Payment System
Item 20 · call current owners
Franchisee Contacts
4 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Spin Doctor Laundromat · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Spin Doctor Laundromat franchise?
The total investment to open a Spin Doctor Laundromat franchise ranges from $490K – $1.4M, with an initial franchise fee of $30K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Spin Doctor Laundromat franchise owners earn?
According to Item 19 of the Spin Doctor Laundromat FDD, the average gross sales per unit is $521K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Spin Doctor Laundromat's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Spin Doctor Laundromat (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Spin Doctor Laundromat franchise locations are there?
As of their most recent FDD filing, Spin Doctor Laundromat has 1 total units in the United States, including 0 franchised units and 1 company-owned units.
Is Spin Doctor Laundromat a good franchise to buy?
FranchiseVerdict rates Spin Doctor Laundromat as a A-grade franchise with a risk score of 42 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.