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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
Laundry Spot logoCAverage
Laundry Spot
Cleaning & Maintenance
Remove
Tumble Fresh Coin Laundry logoATop Quintile
Tumble Fresh Coin Laundry
Cleaning & Maintenance
Remove
SPEED QUEEN logoATop Quintile
SPEED QUEEN
Cleaning & Maintenance
Remove
Vitals
Investment range
$1.3M – $2.2M
$1.1M – $2.7M
$1.2M – $2.0M
Liquid capital
$30K – $75K
$40K – $60K
$20K – $40K
Franchise fee
$60K
$40K
$50K
Royalty rate
5.0%
6.0%
4.0%
Ad fund rate
1.0%
2.0%
1.0%
Performance
Avg gross sales
$761K
$575K
$570K
Median gross sales
$768K
$534K
$544K
Avg owner earnings
Metric varies by brand. Check type below
$309K
N/A
$264K
Earnings metric
P&L Bottom Line
Not classified
P&L Bottom Line
Risk
Rating
CAverage
ATop Quintile
ATop Quintile
Risk score
68 / 100
52 / 100
51 / 100
SBA charge-off rate
N/A
N/A
0.0%
SBA loans on record
2
N/A
2
Scale
Total units
4
17
29
Net change (latest yr)
N/A
N/A
N/A
Turnover rate
0.0%
0.0%
0.0%
Contract
Initial term (years)
10
10
10
Renewal term (years)
10
5
10
Initial training (hrs)
66
51
92
Contacts
Franchisee phones
17
35
23

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