Lapels vs WaveMAX Laundry
Franchise Comparison 2026
Both Lapels and WaveMAX Laundry are cleaning & maintenance franchises. Lapels requires an investment of $92K – $1.7M while WaveMAX Laundry requires $359K – $1.6M. In terms of revenue, WaveMAX Laundry reports higher average unit revenue at $446K. On SBA loan performance, WaveMAX Laundry has a lower charge-off rate (0.0%) compared to Lapels (25.0%). FranchiseVerdict rates Lapels F (Bottom Quintile) and WaveMAX Laundry A (Top Quintile).
| Metric | Lapels | WaveMAX Laundry |
|---|---|---|
| Verdict Grade | FBottom QuintileBottom Quintile | ATop QuintileTop Quintile |
| Investment Range | $92K – $1.7M | $359K – $1.6M |
| Franchise Fee | $60K | $55K |
| Royalty Rate | 6.0% | 6.0% |
| Average Revenue (Item 19) | $423K | $446K |
| SBA Charge-Off Rate | 25.0% (44 loans) | 0.0% (30 loans) |
| Total Units | 83 | 66 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2018 | 2016 |
| FDD Year | 2026 | 2026 |
Investment Range
$92K – $1.7M
$359K – $1.6M
Franchise Fee
$60K
$55K
Royalty Rate
6.0%
6.0%
Average Revenue (Item 19)
$423K
$446K
SBA Charge-Off Rate
25.0% (44 loans)
0.0% (30 loans)
Total Units
83
66
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2018
2016
FDD Year
2026
2026