Speed Queen Laundry Franchise LLC
SPEED QUEEN LAUNDRY LLC
Company Information
221 Shepard Street
SPEED QUEEN Laundry Franchise, LLC is a Delaware limited liability company formed on April 22, 2019. Our principal business address is 221 Shepard Street, Ripon, Wisconsin 54971. We conduct business under our corporate name and the name SPEED QUEEN. We do not conduct business under any other name. Our agents for service of process in the states that require franchise registration are listed in Exhibit E. We currently do not own or operate any Speed Queen Stores, however we reserve the right to do so in the future. We began offering franchises for Speed Queen Stores in May 2019. We have never offered franchises in any other line of business.
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Franchise Rating
Franchimp Summary Rating
10/10
Earning Transparency
10/10
Summary of potential earnings
$864,357 / unit
Average Revenue During 2021Cleaning Services
Franchise System Development
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Employee Contact Database
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Summary of Investment Costs
Upfront Franchise Fees
Minimum: $576,000 Maximum: $992,500
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: $1,131,000 Maximum: $1,875,000
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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