Creating Opportunities.
Enhancing Communities.
LaundroLab aims to create a
strong social fabric among all
those in the community.
Dan and Alex launch
2ULaundry.
Vertically integrate and build
the first of its kind laundromat
called The Laundry Room.
The business pivots to
franchising and, thus,
LaundroLab is born.
LaundroLab is a thriving community of customers, franchisees, and employees who strive for individual and team excellence by holding one another accountable.
Accountability at LaundroLab means we take responsibility for our work and our actions. Hold yourself accountable as well as those around you. We trust each other to make the right decisions, whether in the public eye or behind closed doors. We know the impact of our jobs and how that helps us achieve our greater mission. Ultimately, your success is all of our success.
Community at LaundroLab means we are creating a welcoming experience that extends beyond our doors. We recognize there is unity in diversity and encourage the relationships and connections that make up our social fabric. Every thought, word, and action is larger than the individual person. We understand how the work we do today can have positive results on the community in the present and the future. Ultimately, LaundroLab strives to do good while doing well.
Excellence at LaundroLab means there is quality in everything we do. We have higher expectations of excellence that are achieved through the most inviting experiences. LaundroLab is not in the business of being average. LaundroLab is in the business of being the best. We listen to the customer and each other. We learn from our mistakes and our triumphs. We live a life of excellence for ourselves and for those around us.
Net worth: $500,000
Liquidity: $200,000
Ideally, you can expect to open your LaundroLab around 6-9 months after signing your Franchise Agreement assuming everything is on schedule.
Yes,
Royalty Fee: 6% of gross revenue
Brand Fund Fee: 1% of gross revenue
Local Marketing Fee: $250 / month
Technology Fee: $200 / month
Item 19 is the franchise location's Financial Performance Representation. This can give you a rough idea of how much a location can earn. However, this does NOT mean you are guaranteed to earn that amount of money.
Please fill out the form on the Contact Us page and we will inform you of the availability of sites in your area.
Yes, there will be training in the form of online modules as well as in-person training close to the time of grand opening.
Yes, at the current time, you may purchase up to 5 LaundroLab franchise licenses. You must follow the development agreement timeline as it relates to all of those locations.
10 years, with a $10,000 Renewal Fee for two 5-year terms
LaundroLab locations will typically range from 3,000 to 5,000 square feet