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FranchiseVerdict

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2 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
WaveMAX Laundry logoATop Quintile
WaveMAX Laundry
Cleaning & Maintenance
Remove
Lapels logoFBottom Quintile
Lapels
Cleaning & Maintenance
Remove
Vitals
Investment range
$359K – $1.6M
$92K – $1.7M
Liquid capital
$35K – $65K
$1K – $40K
Franchise fee
$55K
$60K
Royalty rate
6.0%
6.0%
Ad fund rate
1.0%
2.0%
Performance
Avg gross sales
$446K
$423K
Median gross sales
$431K
$389K
Avg owner earnings
Metric varies by brand. Check type below
$252K
N/A
Earnings metric
P&L Bottom Line
Not classified
Risk
Rating
ATop Quintile
FBottom Quintile
Risk score
13 / 100
99 / 100
SBA charge-off rate
0.0%
25.0%
SBA loans on record
30
44
Scale
Total units
66
83
Net change (latest yr)
N/A
N/A
Turnover rate
1.5%
1.2%
Contract
Initial term (years)
10
10
Renewal term (years)
10
10
Initial training (hrs)
19
118
Contacts
Franchisee phones
93
83

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