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