LaundroLab Rounds Out Q2 With a Total of 23 Owners, 86 Licenses and Continued Growth on the Horizon

The modernized laundromat franchise, LaundroLab, opened franchising opportunities in 2021. After disrupting the industry and providing a more consumer-friendly experience, the brand has quickly grown to include 23 store owners and awarded 86 licenses. As it works to expand further, it is looking to surpass 100 licenses awarded by end of the year.

“We’re on the ground floor of something big. There’s no dominant player in our space, and we’ve had some early traction,” explained Dan D’Aquisto, co-founder and president of LaundroLab. “There is so much open opportunity with what we’re doing, and the industry has a high success rate. Couple our background, experience and model with our success rate, and we have a winning recipe here.”

According to Grand View Research, the laundromat industry was valued at nearly $5 million in 2017 and is expected to reach over $30 billion by 2027.

Though the industry as a whole is incredibly valuable, LaundroLab exceeds the status quo, providing things like 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.

The start of the year brought a spike in signings for Texas locations as the San Antonio, Dallas and Austin markets began to fill out, and the brand is looking to put roots in other major cities across the country.

As the brand continues to grow, it is leveraging a robust network of entrepreneurs, notable capital investments, proprietary technology and a strong corporate team to support franchisees in every way possible.

“It’s great to have some structure and to have that guide to help us,” explained Josh Mann, one of three brothers who brought LaundroLab to Phoenix, Arizona.

In line with franchisee expansion, LaundroLab’s corporate team is growing to provide top-notch support to its franchise network. With a new finance leadership position and national construction partner, LaundroLab is making the up-front investments that will lead to even stronger growth and support.

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 https://www.laundrolabfranchise.com/opportunity.