1851

The modernized laundromat franchise,&nbsp;<a href="https://www.laundrolabfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=laundrolab-closes-out-q3-strong-as-it-nears-goal-of-100-awarded-licenses-by-the-end-of-2022-2720383" target="_blank" rel="nofollow">LaundroLab</a>, has had a very successful year after opening franchising opportunities in 2021. After disrupting the industry and providing a more consumer-friendly experience, the brand quickly grew to include 26 store owners and awarded 96 licenses. As it works to expand further, it is closing in on its goal of 100 licenses awarded by the end of the year.&nbsp;In July, the brand completed a three-license agreement with its third developer in Houston and closed a one-license agreement with its second Detroit developer just two months later. During Q3,&nbsp;<a href="https://1851franchise.com/laundrolab">LaundroLab</a> closed three new deals. During September, LaundroLab also closed a six-license agreement to take over all Las Vegas opportunities. Additionally, four leases were signed in Q3, including in Phoenix, Dallas, Detroit and San Antonio.“We ended Q3 already having achieved over 90% of our annual goal, which is something the team is excited about,” said&nbsp;<a href="https://www.linkedin.com/in/daquisto/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=laundrolab-closes-out-q3-strong-as-it-nears-goal-of-100-awarded-licenses-by-the-end-of-2022-2720383" target="_blank" rel="nofollow">Dan D’Aquisto</a>, Co-Founder and President of LaundroLab. “We had significant momentum with new franchise partners and leases signed, which is setting us up for a very exciting 2023.”&nbsp;A major highlight during Q3 was the&nbsp;<a href="https://www.abcactionnews.com/news/region-hillsborough/free-laundry-event-helps-community-save-some-money?utm_source=1851franchise.com&utm_medium=article&utm_campaign=laundrolab-closes-out-q3-strong-as-it-nears-goal-of-100-awarded-licenses-by-the-end-of-2022-2720383" target="_blank" rel="nofollow">Free Laundry Day</a> event LaundroLab held for its local community in Tampa. At a time when&nbsp;money was tight for many, the business spent the day letting people wash and dry whatever they needed for free. By the end of the day, it was estimated that the laundromat washed thousands of pounds of free laundry. The franchise hopes to host more events like this one in the future.&nbsp;LaundroLab also added four new team members during the quarter, including&nbsp;<a href="https://www.linkedin.com/in/david-reeves-025451158/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=laundrolab-closes-out-q3-strong-as-it-nears-goal-of-100-awarded-licenses-by-the-end-of-2022-2720383" target="_blank" rel="nofollow">David Reeves</a> as Chief Operating Officer,&nbsp;<a href="https://www.linkedin.com/in/jason-carcache-3578572b/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=laundrolab-closes-out-q3-strong-as-it-nears-goal-of-100-awarded-licenses-by-the-end-of-2022-2720383" target="_blank" rel="nofollow">Jason Carcache</a> as Director of Finance,&nbsp;<a href="https://www.linkedin.com/in/keith-m-a3361263/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=laundrolab-closes-out-q3-strong-as-it-nears-goal-of-100-awarded-licenses-by-the-end-of-2022-2720383" target="_blank" rel="nofollow">Keith Martinez</a> as New Store Opening Project Manager and&nbsp;<a href="https://www.linkedin.com/in/alexa-bettis-40b91ba6/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=laundrolab-closes-out-q3-strong-as-it-nears-goal-of-100-awarded-licenses-by-the-end-of-2022-2720383" target="_blank" rel="nofollow">Alexa Bettis</a> as Field Marketing Account Manager.&nbsp;All new team members bring a wealth of experience to their respective positions and are excited to support the company's growth.&nbsp;As the brand is still in its early growth stages, it is building a strong network of corporate support employees, professional partnerships and robust ongoing support for franchisees. The most recent additions to the team are yet another aspect of franchisee support and corporate stability that will empower LaundroLab’s long-term goals.Though the industry as a whole is incredibly valuable, LaundroLab continues to exceed the status quo, providing employee presence for customer support, amenities for children, and advanced, streamlined technology, including mobile pay. As the brand continues to disrupt the expectations of laundromats, bringing in and better serving more clients, its franchisees will reap the benefits.“We've positioned ourselves to truly have a path towards achieving our mission of being the first nationally recognized brand in this space, servicing millions of people across the country and giving them the best solutions to an essential need of clean clothes,” added D’Aquisto. “Our network and team are growing, and we're poised to do some very exciting things heading into a new year of growth for our companies.”A prospective LaundroLab owner needs $500k liquidity and a $1M minimum net worth. A new LaundroLab store can range anywhere from $1.1M–$1.7M, which includes equipment, buildout, franchise fee, working capital and more. For more information on franchising, visit&nbsp;<a href="https://www.laundrolabfranchise.com/opportunity?utm_source=1851franchise.com&utm_medium=article&utm_campaign=laundrolab-closes-out-q3-strong-as-it-nears-goal-of-100-awarded-licenses-by-the-end-of-2022-2720383" target="_blank" rel="nofollow">https://www.laundrolabfranchise.com/opportunity</a>.About LaundroLab:LaundroLab was founded in 2020 as the brick-and-mortar counterpart to laundry and dry-cleaning pick-up service&nbsp;<a href="https://www.2ulaundry.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=laundrolab-closes-out-q3-strong-as-it-nears-goal-of-100-awarded-licenses-by-the-end-of-2022-2720383" target="_blank" rel="nofollow">2ULaundry</a>. The brand’s uniquely high-end amenities, including free Wi-Fi, lounge access and arcade games, made it an instant hit among the rapidly growing number of people and families in need of third-party laundry services. In 2021, LaundroLab launched its franchise opportunity, partnering with local entrepreneurs to help the brand continue to grow its footprint in markets across the U.S. Today, the brand is well on its way to achieving its ambitious nationwide goals, as the brand seeks to become a national leader in the $5 billion (and growing) laundry segment. For more information, please visit&nbsp;<a href="https://www.laundrolabfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=laundrolab-closes-out-q3-strong-as-it-nears-goal-of-100-awarded-licenses-by-the-end-of-2022-2720383" target="_blank" rel="nofollow">https://www.laundrolabfranchise.com/</a>.

LaundroLab Closes Out Q3 Strong as It Nears Goal of 100 Awarded Licenses by the End of 2022

1851 Franchise

The elevated laundry concept ended Q3 with three new deals closed and four new corporate team members. 

This brand page has been paid for by 1851. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

laundrolab-closes-out-q3-strong-as-it-nears-goal-of-100-awarded-licenses-by-the-end-of-2022

Woodhouse Spas

Woodhouse Spas Builds Q3 Momentum With New Club Pilot, Innovation Prep and Medspa Expansion Ahead of Q4

woodhouse-spas-builds-q3-momentum-with-new-club-pilot-innovation-prep-and-medspa-expansion-ahead-of-q4

Sola Salons

Sola Salons Marks Major Milestones in Q3: 21,000 Pros, New Tech Innovations and a National Philanthropic Partnership

sola-salons-marks-major-milestones-in-q3-21000-pros-new-tech-innovations-and-a-national-philanthropic-partnership

Sparkle Squad Window Cleaning Services

Sparkle Squad Franchise - Happinest - Troy Oliphant - 1851 Franchise

How This Sparkle Squad Franchise Owner Builds Community Connections and Steady Revenue

sparkle-squadd-franchise-kansas-city-troy-oliphant

Woodhouse Spas Franchise Support - 1851 Franchise

How Woodhouse Spas Franchising Works: A Deep Dive Into Support and Success

woodhouse-spas-franchise-support

Express Employment Professionals

How This Veteran Helps Others Find Work Through Express Employment Professionals

how-this-veteran-helps-others-find-work-through-express-employment-professionals

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Round Table Pizza Franchisees Take FAT Brands to Court Over Marketing Fund Mismanagement

round-table-pizza-franchisees-take-fat-brands-to-court-over-marketing-fund-mismanagement

FAT Brands Nears Bankruptcy as Creditors Demand Repayment of $1.3 Billion Debt

fat-brands-nears-bankruptcy-as-creditors-demand-repayment-of-13-billion-debt

Callaway Sells Majority Stake in Topgolf to Private Equity for $770 Million

callaway-sells-majority-stake-in-topgolf-to-private-equity-for-770-million

Keith Sizemore headshot, Radiance Holdings

Radiance Holdings Names Keith Sizemore Chief Development Officer

keith-sizemore-radiance-holdings-cdo

Jobseekers Are Flocking to “Unglamorous” Jobs — And Home Service Franchises Could Benefit

Jobseekers Are Flocking to “Unglamorous” Jobs — And Home Service Franchises Could Be Poised To Benefit

jobseekers-shift-boosts-home-service-franchises

Scenthound Franchise Costs, Fees, Profit and Data for 2025

scenthound-franchise-costs-fees-profit-and-data

image of michael brown and matt kelton from children's lighthouse family owned brand private equity

Learn Why Children’s Lighthouse Is Different as a Family-Owned Brand vs. a Private Equity Brand in Upcoming Webinar

family-owned-vs-private-equity-childrens-lighthouse

Newk's Eatery Franchise - Columbus, Mississippi Expansion - 1851 Franchise

Newk’s Eatery Taps Seasoned Beef ‘O’ Brady’s Multi-Unit Operators for New Columbus, Mississippi Expansion

newks-franchise-columbus-ms-patel

The Grout Medic, tile and grout services franchise logo

Grout Medic Franchise Costs, Fees, Profit and Data for 2025

grout-medic-franchise-deep-dive

image of jerome hanway from right at home Las Cruces, New Mexico 1851 franchise franchisee spotlight

Jerome Hanway Is Building His Right at Home Franchise Around His Mission To Serve

right-at-home-franchise-las-cruces-jerome-hanway

A Practical Playbook: Who To Call First When Franchising Your Business

franchising-your-business-who-to-call-first

Photo of group of dogs standing together in day care facility

Top Pet Boarding and Day Care Franchise Opportunities for 2025

top-pet-boarding-daycare-franchises

1851 Franchisee Spotlight graphic with photo of Eli Cohen, Layne's Chicken Fingers logo

C5 Restaurants Grows its Texas Footprint with 40 Layne’s Chicken Fingers Locations Planned Statewide

eli-cohen-laynes-chicken-fingers-texas

Paris Baguette Welcomes Zac Sulma as New Chief Operating Officer

new-coo-zac-sulma

AI-related job cuts, October U.S. job cuts, American job cut record

AI-Fueled Layoffs Reshape the U.S. Job Market — And Highlight Franchising’s Resilience

ai-job-cuts-franchising-path-forward

LaundroLab Closes Out Q3 Strong as It Nears Goal of 100 Awarded Licenses by the End of 2022

MORE STORIES LIKE THIS