SPEED QUEEN vs LaundroLab
Franchise Comparison 2026
Both SPEED QUEEN and LaundroLab are cleaning & maintenance franchises. SPEED QUEEN requires an investment of $1.2M – $2.0M while LaundroLab requires $1.0M – $1.9M. 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 SPEED QUEEN C (Average) and LaundroLab B (Above average).
| Metric | SPEED QUEEN | LaundroLab |
|---|---|---|
| Verdict Grade | CAverage | BAbove average |
| Investment Range | $1.2M – $2.0M | $1.0M – $1.9M |
| Franchise Fee | $50K | $50K |
| Royalty Rate | 4.0% | 6.0% |
| Average Revenue (Item 19) | $570K | $538K |
| SBA Charge-Off Rate | Limited data | 0.0% (15 loans) |
| Total Units | 29 | 24 |
| Unit Growth (YoY) | +2 units | +12 units |
| Year Began Franchising | 2019 | 2022 |
| FDD Year | 2025 | 2025 |
Investment Range
$1.2M – $2.0M
$1.0M – $1.9M
Franchise Fee
$50K
$50K
Royalty Rate
4.0%
6.0%
Average Revenue (Item 19)
$570K
$538K
SBA Charge-Off Rate
Limited data
0.0% (15 loans)
Total Units
29
24
Unit Growth (YoY)
+2 units
+12 units
Year Began Franchising
2019
2022
FDD Year
2025
2025