LaundroLab INFO

About LaundroLab

LaundroLab was founded in 2020 as the brick-and-mortar counterpart to venture-backed laundry and dry-cleaning pick-up service 2ULaundry. The brand’s uniquely high-end amenities, including top of the line equipment, mobile payment abilities, kids’ play areas, 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 growth plans of becoming a national leader in the $5 billion (and growing) laundry segment.

LaundroLab Franchise

video

Why LaundroLab? Why Now?

In the growing laundromat industry, there is no current industry leader. LaundroLab is on a mission to revolutionize the space and quickly establish itself as the frontrunner with amenities and industry-leading technology to give each unit the feel of a community center where people can enjoy performing an essential chore.

Laundry services were deemed an essential service even before the pandemic, but in the wake of COVID-19, the space has been revealed as one that is recession-proof and able to handle adversity when compared to other businesses in the franchising industry.

User Friendly Technology

video

What Sets LaundroLab Apart?

LaundroLab offers unparalleled amenities including modernized equipment, versatile payment methods, free WiFi, lounge access and arcade games available to all guests, all in an effort to uplift the experience of doing laundry. Independent franchisees can take advantage of a semi-absentee ownership model which allows them to work as little as five to ten on-site hours a week, along with the ability to manage their business with remote flexibility.

A LaundroLab unit can operate with as little as one or two full-time employees and four to five part-time workers. Staffing at each location is far more favorable than other business within the franchising industry, particularly as other franchises encounter labor shortages in a pandemic-stricken landscape.

LaundroLab is a full-service franchise model from real estate and site selection to financing, design, construction, training, marketing and ongoing support. An initial franchise investment with LaundroLab covers all essential overhead to get a business up and running, eliminating any guesswork when it comes to obtaining and setting up equipment. The business model has been established as one with minimal risk, and an endeavor that can separate itself from both the laundromat industry and the franchising landscape at large.

Why the Laundromat Category?

LaundroLab has the ability to separate itself in an industry that currently features 30,000 laundromats nationwide. Annual revenue in the field exceeds $5 billion per year in the United States, and a leading franchise model has yet to capitalize in an industry with high projected market growth.

Fifty-four percent of laundromat owners own a single location, while another 31% own two or three. There is currently a low concentration of market share within the laundromat space, but a proven model offered by LaundroLab has the ability to dominate the landscape and stimulate an industry for prospective franchisees to follow.

Why You?

An ideal franchise candidate is somebody with a minimum net worth of $750,000, paired with $350,000 in liquid assets. The best prospective franchisees are ones with some degree of established business acumen, or an individual with a motivation to get in on the ground floor and establish an emerging brand.

All franchisees are asked to pass a credit and background check. An interest in LaundroLab is paramount, while a working knowledge of the laundromat industry is preferred but can also be established quickly.

Why Franchisees Love the Brand

LaundroLab franchisee Steve Ketterling signed a three-location deal with LaundroLab in the greater Denver area, and is enthusiastic about this unique and simple business model that might go under the radar of investors. “I had never considered a laundromat business before,” he said. 

“I view the newness [of LaundroLab] as a strength,” Ketterling said. “LaundroLab has a team that is dedicated to franchise sustainability with a focus on customer experience, operations, real estate, marketing, technology, and more. They’re going to do everything they can to help me succeed.”

The Investment & How Much Can I Make?

The total startup costs for a LaundroLab franchise ranges from $321,000–$483,000 with a $49,500 franchise fee. The brand has a net worth requirement $750,000 paired with a cash requirement $350,000 and a royalty fee of 6%.

The LaundroLab franchise opportunity stems from a corporate entity called The Laundry Room. The Laundry Room has seen a 20% increase in washer and dryer revenue this year to date, even with the business hurdles brought on by COVID-19. Revenue at each location is largely dependent on the need in each respective market, but the business model is primed to take on additional growth opportunities in its target areas.

MAKE IT TREND
MORE BRAND INFO
  • NAME

    LaundroLab

  • NO. OF UNITS CURRENTLY OPEN:

    1

  • start-up costs

    $321,330 - $482,650

  • FRANCHISE FEE:

    $49,500

  • ROYALTY:

    7%

  • Net Worth:

    $750,000

  • Liquidity:

    $350,000

INQUIRE ABOUT SERVICES

LaundroLab INFO

About LaundroLab

LaundroLab was founded in 2020 as the brick-and-mortar counterpart to venture-backed laundry and dry-cleaning pick-up service 2ULaundry. The brand’s uniquely high-end amenities, including top of the line equipment, mobile payment abilities, kids’ play areas, 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 growth plans of becoming a national leader in the $5 billion (and growing) laundry segment.

LaundroLab Franchise

video

Why LaundroLab? Why Now?

In the growing laundromat industry, there is no current industry leader. LaundroLab is on a mission to revolutionize the space and quickly establish itself as the frontrunner with amenities and industry-leading technology to give each unit the feel of a community center where people can enjoy performing an essential chore.

Laundry services were deemed an essential service even before the pandemic, but in the wake of COVID-19, the space has been revealed as one that is recession-proof and able to handle adversity when compared to other businesses in the franchising industry.

User Friendly Technology

video

What Sets LaundroLab Apart?

LaundroLab offers unparalleled amenities including modernized equipment, versatile payment methods, free WiFi, lounge access and arcade games available to all guests, all in an effort to uplift the experience of doing laundry. Independent franchisees can take advantage of a semi-absentee ownership model which allows them to work as little as five to ten on-site hours a week, along with the ability to manage their business with remote flexibility.

A LaundroLab unit can operate with as little as one or two full-time employees and four to five part-time workers. Staffing at each location is far more favorable than other business within the franchising industry, particularly as other franchises encounter labor shortages in a pandemic-stricken landscape.

LaundroLab is a full-service franchise model from real estate and site selection to financing, design, construction, training, marketing and ongoing support. An initial franchise investment with LaundroLab covers all essential overhead to get a business up and running, eliminating any guesswork when it comes to obtaining and setting up equipment. The business model has been established as one with minimal risk, and an endeavor that can separate itself from both the laundromat industry and the franchising landscape at large.

Why the Laundromat Category?

LaundroLab has the ability to separate itself in an industry that currently features 30,000 laundromats nationwide. Annual revenue in the field exceeds $5 billion per year in the United States, and a leading franchise model has yet to capitalize in an industry with high projected market growth.

Fifty-four percent of laundromat owners own a single location, while another 31% own two or three. There is currently a low concentration of market share within the laundromat space, but a proven model offered by LaundroLab has the ability to dominate the landscape and stimulate an industry for prospective franchisees to follow.

Why You?

An ideal franchise candidate is somebody with a minimum net worth of $750,000, paired with $350,000 in liquid assets. The best prospective franchisees are ones with some degree of established business acumen, or an individual with a motivation to get in on the ground floor and establish an emerging brand.

All franchisees are asked to pass a credit and background check. An interest in LaundroLab is paramount, while a working knowledge of the laundromat industry is preferred but can also be established quickly.

Why Franchisees Love the Brand

LaundroLab franchisee Steve Ketterling signed a three-location deal with LaundroLab in the greater Denver area, and is enthusiastic about this unique and simple business model that might go under the radar of investors. “I had never considered a laundromat business before,” he said. 

“I view the newness [of LaundroLab] as a strength,” Ketterling said. “LaundroLab has a team that is dedicated to franchise sustainability with a focus on customer experience, operations, real estate, marketing, technology, and more. They’re going to do everything they can to help me succeed.”

The Investment & How Much Can I Make?

The total startup costs for a LaundroLab franchise ranges from $321,000–$483,000 with a $49,500 franchise fee. The brand has a net worth requirement $750,000 paired with a cash requirement $350,000 and a royalty fee of 6%.

The LaundroLab franchise opportunity stems from a corporate entity called The Laundry Room. The Laundry Room has seen a 20% increase in washer and dryer revenue this year to date, even with the business hurdles brought on by COVID-19. Revenue at each location is largely dependent on the need in each respective market, but the business model is primed to take on additional growth opportunities in its target areas.

MAKE IT TREND
MORE BRAND INFO
  • NAME

    LaundroLab

  • NO. OF UNITS CURRENTLY OPEN:

    1

  • start-up costs

    $321,330 - $482,650

  • FRANCHISE FEE:

    $49,500

  • ROYALTY:

    7%

  • Net Worth:

    $750,000

  • Liquidity:

    $350,000

INQUIRE ABOUT SERVICES

LaundroLab INFO

About LaundroLab

LaundroLab was founded in 2020 as the brick-and-mortar counterpart to venture-backed laundry and dry-cleaning pick-up service 2ULaundry. The brand’s uniquely high-end amenities, including top of the line equipment, mobile payment abilities, kids’ play areas, 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 growth plans of becoming a national leader in the $5 billion (and growing) laundry segment.

LaundroLab Franchise

video

Why LaundroLab? Why Now?

In the growing laundromat industry, there is no current industry leader. LaundroLab is on a mission to revolutionize the space and quickly establish itself as the frontrunner with amenities and industry-leading technology to give each unit the feel of a community center where people can enjoy performing an essential chore.

Laundry services were deemed an essential service even before the pandemic, but in the wake of COVID-19, the space has been revealed as one that is recession-proof and able to handle adversity when compared to other businesses in the franchising industry.

User Friendly Technology

video

What Sets LaundroLab Apart?

LaundroLab offers unparalleled amenities including modernized equipment, versatile payment methods, free WiFi, lounge access and arcade games available to all guests, all in an effort to uplift the experience of doing laundry. Independent franchisees can take advantage of a semi-absentee ownership model which allows them to work as little as five to ten on-site hours a week, along with the ability to manage their business with remote flexibility.

A LaundroLab unit can operate with as little as one or two full-time employees and four to five part-time workers. Staffing at each location is far more favorable than other business within the franchising industry, particularly as other franchises encounter labor shortages in a pandemic-stricken landscape.

LaundroLab is a full-service franchise model from real estate and site selection to financing, design, construction, training, marketing and ongoing support. An initial franchise investment with LaundroLab covers all essential overhead to get a business up and running, eliminating any guesswork when it comes to obtaining and setting up equipment. The business model has been established as one with minimal risk, and an endeavor that can separate itself from both the laundromat industry and the franchising landscape at large.

Why the Laundromat Category?

LaundroLab has the ability to separate itself in an industry that currently features 30,000 laundromats nationwide. Annual revenue in the field exceeds $5 billion per year in the United States, and a leading franchise model has yet to capitalize in an industry with high projected market growth.

Fifty-four percent of laundromat owners own a single location, while another 31% own two or three. There is currently a low concentration of market share within the laundromat space, but a proven model offered by LaundroLab has the ability to dominate the landscape and stimulate an industry for prospective franchisees to follow.

Why You?

An ideal franchise candidate is somebody with a minimum net worth of $750,000, paired with $350,000 in liquid assets. The best prospective franchisees are ones with some degree of established business acumen, or an individual with a motivation to get in on the ground floor and establish an emerging brand.

All franchisees are asked to pass a credit and background check. An interest in LaundroLab is paramount, while a working knowledge of the laundromat industry is preferred but can also be established quickly.

Why Franchisees Love the Brand

LaundroLab franchisee Steve Ketterling signed a three-location deal with LaundroLab in the greater Denver area, and is enthusiastic about this unique and simple business model that might go under the radar of investors. “I had never considered a laundromat business before,” he said. 

“I view the newness [of LaundroLab] as a strength,” Ketterling said. “LaundroLab has a team that is dedicated to franchise sustainability with a focus on customer experience, operations, real estate, marketing, technology, and more. They’re going to do everything they can to help me succeed.”

The Investment & How Much Can I Make?

The total startup costs for a LaundroLab franchise ranges from $321,000–$483,000 with a $49,500 franchise fee. The brand has a net worth requirement $750,000 paired with a cash requirement $350,000 and a royalty fee of 6%.

The LaundroLab franchise opportunity stems from a corporate entity called The Laundry Room. The Laundry Room has seen a 20% increase in washer and dryer revenue this year to date, even with the business hurdles brought on by COVID-19. Revenue at each location is largely dependent on the need in each respective market, but the business model is primed to take on additional growth opportunities in its target areas.

MAKE IT TREND
MORE BRAND INFO
  • NAME

    LaundroLab

  • NO. OF UNITS CURRENTLY OPEN:

    1

  • start-up costs

    $321,330 - $482,650

  • FRANCHISE FEE:

    $49,500

  • ROYALTY:

    7%

  • Net Worth:

    $750,000

  • Liquidity:

    $350,000

INQUIRE ABOUT SERVICES

LaundroLab INFO

About LaundroLab

LaundroLab was founded in 2020 as the brick-and-mortar counterpart to venture-backed laundry and dry-cleaning pick-up service 2ULaundry. The brand’s uniquely high-end amenities, including top of the line equipment, mobile payment abilities, kids’ play areas, 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 growth plans of becoming a national leader in the $5 billion (and growing) laundry segment.

LaundroLab Franchise

video

Why LaundroLab? Why Now?

In the growing laundromat industry, there is no current industry leader. LaundroLab is on a mission to revolutionize the space and quickly establish itself as the frontrunner with amenities and industry-leading technology to give each unit the feel of a community center where people can enjoy performing an essential chore.

Laundry services were deemed an essential service even before the pandemic, but in the wake of COVID-19, the space has been revealed as one that is recession-proof and able to handle adversity when compared to other businesses in the franchising industry.

User Friendly Technology

video

What Sets LaundroLab Apart?

LaundroLab offers unparalleled amenities including modernized equipment, versatile payment methods, free WiFi, lounge access and arcade games available to all guests, all in an effort to uplift the experience of doing laundry. Independent franchisees can take advantage of a semi-absentee ownership model which allows them to work as little as five to ten on-site hours a week, along with the ability to manage their business with remote flexibility.

A LaundroLab unit can operate with as little as one or two full-time employees and four to five part-time workers. Staffing at each location is far more favorable than other business within the franchising industry, particularly as other franchises encounter labor shortages in a pandemic-stricken landscape.

LaundroLab is a full-service franchise model from real estate and site selection to financing, design, construction, training, marketing and ongoing support. An initial franchise investment with LaundroLab covers all essential overhead to get a business up and running, eliminating any guesswork when it comes to obtaining and setting up equipment. The business model has been established as one with minimal risk, and an endeavor that can separate itself from both the laundromat industry and the franchising landscape at large.

Why the Laundromat Category?

LaundroLab has the ability to separate itself in an industry that currently features 30,000 laundromats nationwide. Annual revenue in the field exceeds $5 billion per year in the United States, and a leading franchise model has yet to capitalize in an industry with high projected market growth.

Fifty-four percent of laundromat owners own a single location, while another 31% own two or three. There is currently a low concentration of market share within the laundromat space, but a proven model offered by LaundroLab has the ability to dominate the landscape and stimulate an industry for prospective franchisees to follow.

Why You?

An ideal franchise candidate is somebody with a minimum net worth of $750,000, paired with $350,000 in liquid assets. The best prospective franchisees are ones with some degree of established business acumen, or an individual with a motivation to get in on the ground floor and establish an emerging brand.

All franchisees are asked to pass a credit and background check. An interest in LaundroLab is paramount, while a working knowledge of the laundromat industry is preferred but can also be established quickly.

Why Franchisees Love the Brand

LaundroLab franchisee Steve Ketterling signed a three-location deal with LaundroLab in the greater Denver area, and is enthusiastic about this unique and simple business model that might go under the radar of investors. “I had never considered a laundromat business before,” he said. 

“I view the newness [of LaundroLab] as a strength,” Ketterling said. “LaundroLab has a team that is dedicated to franchise sustainability with a focus on customer experience, operations, real estate, marketing, technology, and more. They’re going to do everything they can to help me succeed.”

The Investment & How Much Can I Make?

The total startup costs for a LaundroLab franchise ranges from $321,000–$483,000 with a $49,500 franchise fee. The brand has a net worth requirement $750,000 paired with a cash requirement $350,000 and a royalty fee of 6%.

The LaundroLab franchise opportunity stems from a corporate entity called The Laundry Room. The Laundry Room has seen a 20% increase in washer and dryer revenue this year to date, even with the business hurdles brought on by COVID-19. Revenue at each location is largely dependent on the need in each respective market, but the business model is primed to take on additional growth opportunities in its target areas.

MAKE IT TREND
MORE BRAND INFO
  • NAME

    LaundroLab

  • NO. OF UNITS CURRENTLY OPEN:

    1

  • start-up costs

    $321,330 - $482,650

  • FRANCHISE FEE:

    $49,500

  • ROYALTY:

    7%

  • Net Worth:

    $750,000

  • Liquidity:

    $350,000

INQUIRE ABOUT SERVICES