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FranchiseVerdict

Compare

3 brands side-by-side

Compare up to 4 brands side by side

indicates the clear winner per row. Ties and missing data are not highlighted.

Brand
Lapels logoFBottom Quintile
Lapels
Cleaning & Maintenance
Remove
Spin Doctor Laundromat logoATop Quintile
Spin Doctor Laundromat
Cleaning & Maintenance
Remove
WaveMAX Laundry logoATop Quintile
WaveMAX Laundry
Cleaning & Maintenance
Remove
Vitals
Investment range
$92K – $1.7M
$490K – $1.4M
$359K – $1.6M
Liquid capital
$1K – $40K
$45K – $100K
$35K – $65K
Franchise fee
$60K
$30K
$55K
Royalty rate
6.0%
6.0%
6.0%
Ad fund rate
2.0%
1.5%
1.0%
Performance
Avg gross sales
$423K
$521K
$446K
Median gross sales
$389K
N/A
$431K
Avg owner earnings
Metric varies by brand. Check type below
N/A
$114K
$252K
Earnings metric
Not classified
P&L Bottom Line
P&L Bottom Line
Risk
Rating
FBottom Quintile
ATop Quintile
ATop Quintile
Risk score
99 / 100
42 / 100
13 / 100
SBA charge-off rate
25.0%
N/A
0.0%
SBA loans on record
44
1
30
Scale
Total units
83
1
66
Net change (latest yr)
N/A
N/A
N/A
Turnover rate
1.2%
0.0%
1.5%
Contract
Initial term (years)
10
10
10
Renewal term (years)
10
5
10
Initial training (hrs)
118
82
19
Contacts
Franchisee phones
83
4
93

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