We offer a full-service support model from the time you sign through the life of your store including Real Estate & Site Selection, Design & Construction, Operations & Training, Marketing, HR, Technology, and more!
We've broken our support system down into 3 key phases from the time you sign through the life of your agreement.
New Store Opening
Here we'll focus on finding the right location, designing the perfect layout, starting and finishing construction, and getting ready for the opening with our training and marketing programs!
Here we'll focus on getting to breakeven as quickly as possible. This is where you're going to learn the most. Your store should be open in approximately 12 months from signing. We'll focus on marketing and getting familiar with the business.
After your first year in business, you'll be a pro! In this phase, you'll focus on building loyalty with your customers and employees. We'll celebrate this phase with your first anniversary campaign and driving towards maxmized profits!
Don't worry, you'll have experts with you every step of the way.
Get your hard hat ready! We're going to find the best location possible. Our team is standing by to help you with:
We pride ourselves on operational excellence and providing a 5-star experience no matter what we're doing. We'll get you ready and support your through:
Ready to bring customers through the door? We're here to help every step of the way. Our marketing team will help with the following:
We're a technology company focused on building modern software tailored to the LaundroLab network. With our current tech stack, you will have access to managing the following and more:
The help doesn't end when your store opens. You'll have access to our experts across a variety of areas including:
On day 1, you'll have a dedicated Business Coach to work with throughout your ownership. They'll be your go to for all things support.
Our marketing team will work with you hand-in-hand to develop and execute against a tailored marketing strategy from grand opening and beyond.
You'll have access to a HR Consultant team who can help navigate certain things when it comes to providing a 5-star work environment.
You'll have access to guides, templates, videos, trainings, best practices, and more through our digital resource bank that's constantly evolving.
Our network of owners come together to share learnings, best practices, and advice through our owner-to-owner sharing platform.
Our estimated total project cost can range from $1,167,500 - $1,721,200 which can be financed up to 80-90% through various financing programs. These project costs are dependent on size and market. Please refer to our Item 7 in our FDD for more details.
Yes! We have a number of options for financing including equipment financing through Laundrylux Financial Services as well as Eastern Funding. Additionally, we are registered with the SBA for financing options through the 7a, 504, and ROBs programs. We'll help you connect with the right groups!
We have a 6% royalty fee, $250 per month technology fee, and a mandated monthly minimum local marketing spend of $500 per month. Please reference Item 6 in our FDD for more details.
On average, it will take about 12-18 months to get your store up and running. We can help you reduce the timeline in a variety of ways.
We pride ourselves on operational excellence and providing a 5-star experience to our customers and store owners. Before you open, you'll attend a week-long training at our headquarters in Charlotte, NC followed by an on-site training at your store during your soft opening. You will have ongoing access to a Business Strategy Coach, Marketing Consultant, HR Consultant, and an incredible network of LaundroLab Laundropreneur™ to lean on as well.
Laundromats are considered a semi-absentee business model. It takes ~6-12 months to get comfortable with your store and developing a strong front line team. Your main responsibilities will be focused on hiring and training the right team to run the day-to-day operations of your store. Additionally, you'll spend 5-10 hours a week in total managing the manager and managing the cash collection process.