LaundroLab
Company Information
520 Elliot St.
We are a North Carolina limited liability company formed on November 10, 2020. Our principal business address is 4444 South Boulevard Suite #300, Charlotte, NC 28209 and our telephone number is 704 251 9620. We do business under our corporate name LaundroLab, LLC, and the trade name “LaundroLab”. We grant franchises for the establishment, development, and operation of businesses offering laundromat services and related laundry services and products under the “LaundroLab” name and mark (“Franchised Businesses” or “Business” or “LaundroLab Business”). We do not engage in any other business activities, and do not offer franchises in any other line of business.
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Franchise Rating
Franchimp Summary Rating
7/10
Earning Transparency
10/10
Investment Accessibility
3/10
Summary of potential earnings
$766,619 / unit
Average Revenue During 2021Laundry & Dry Cleaning Services
Franchise System Development
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Employee Contact Database
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Summary of Investment Costs
Upfront Franchise Fees
Minimum: $68,000 Maximum: $76,000
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $1,593,716 Maximum: $1,943,180
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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