WaveMAX Laundry vs Lapels
Franchise Comparison 2026
Both WaveMAX Laundry and Lapels are cleaning & maintenance franchises. WaveMAX Laundry requires an investment of $359K – $1.6M while Lapels requires $92K – $1.7M. 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 WaveMAX Laundry A (Top Quintile) and Lapels F (Bottom Quintile).
| Metric | WaveMAX Laundry | Lapels |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | FBottom QuintileBottom Quintile |
| Investment Range | $359K – $1.6M | $92K – $1.7M |
| Franchise Fee | $55K | $60K |
| Royalty Rate | 6.0% | 6.0% |
| Average Revenue (Item 19) | $446K | $423K |
| SBA Charge-Off Rate | 0.0% (30 loans) | 25.0% (44 loans) |
| Total Units | 66 | 83 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2016 | 2018 |
| FDD Year | 2026 | 2026 |
Investment Range
$359K – $1.6M
$92K – $1.7M
Franchise Fee
$55K
$60K
Royalty Rate
6.0%
6.0%
Average Revenue (Item 19)
$446K
$423K
SBA Charge-Off Rate
0.0% (30 loans)
25.0% (44 loans)
Total Units
66
83
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2016
2018
FDD Year
2026
2026