LaundroLab vs SPEED QUEEN
Franchise Comparison 2026
Both LaundroLab and SPEED QUEEN are cleaning & maintenance franchises. LaundroLab requires an investment of $1.0M – $1.9M while SPEED QUEEN requires $1.2M – $2.0M. In terms of revenue, SPEED QUEEN reports higher average unit revenue at $570K. LaundroLab has SBA lending data on file with a 0.0% charge-off rate. FranchiseVerdict rates LaundroLab A (Strongest tier) and SPEED QUEEN C (Average).
| Metric | LaundroLab | SPEED QUEEN |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | CAverageAverage |
| Investment Range | $1.0M – $1.9M | $1.2M – $2.0M |
| Franchise Fee | $50K | $50K |
| Royalty Rate | Greater of (i) $500 per month or (ii) 6% of Gross Revenues, after a Waived Royalty Period (6 months after opening or 20 months from signing, whichever is earlier). | 4.0% |
| Average Revenue (Item 19) | $538K | $570K |
| SBA Charge-Off Rate | 0.0% (15 loans) | Limited data |
| Total Units | 24 | 29 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2022 | 2019 |
| FDD Year | 2025 | 2025 |
Investment Range
$1.0M – $1.9M
$1.2M – $2.0M
Franchise Fee
$50K
$50K
Royalty Rate
Greater of (i) $500 per month or (ii) 6% of Gross Revenues, after a Waived Royalty Period (6 months after opening or 20 months from signing, whichever is earlier).
4.0%
Average Revenue (Item 19)
$538K
$570K
SBA Charge-Off Rate
0.0% (15 loans)
Limited data
Total Units
24
29
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2022
2019
FDD Year
2025
2025