Speed Queen

    Franchise research report · reviewed 2026 disclosure data

    Researching Speed Queen franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources

    Speed Queen Laundry operates self-service laundromats with commercial washing and drying equipment. Locations serve consumers who do laundry on-site, and some stores also provide wash-dry-fold or pickup and delivery services.

    Headline figures

    Quick facts

    How much does it cost to open a Speed Queen franchise?
    The Speed Queen Franchise Disclosure Document reports separate estimated initial investments by format: $797,507–$1,319,851 for small footprint store total estimated initial investment: $797,507 to $1,319,851. (2026 FDD, Item 7, PDF p. 17); $1,199,663–$1,983,000 for traditional store total estimated initial investment: $1,199,663 to $1,983,000. (2026 FDD, Item 7, PDF p. 16). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    Does Speed Queen disclose financial performance (Item 19)?
    Yes. The Speed Queen FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 50). Figures apply only to the locations and period each one covers. Details

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1The 2026 FDD (Item 7) estimates opening costs separately by format: $797,507 – $1,319,851 (Small Footprint Store total estimated initial investment: $797,507 to $1,319,851.); $1,199,663 – $1,983,000 (Traditional Store total estimated initial investment: $1,199,663 to $1,983,000.); several initial fee options apply.
    2. 2Item 19 covers 24 separate groups: adjusted operating results for 5 Company-owned affiliate locations; other measures for 5 Company-owned affiliate locations; other measures for 5 Company-owned affiliate locations; other measures for 5 Company-owned affiliate locations; other measures for 5 Company-owned affiliate locations; other measures for 5 Company-owned affiliate locations; other measures for 5 Company-owned affiliate locations; other measures for 13 Franchise locations; other measures for 13 Franchise locations; revenue for 5 Company-owned affiliate locations; revenue for 15 Company-owned affiliate stores; other measures for 5 Company-owned affiliate locations; other measures for 5 Company-owned affiliate locations; revenue for 5 Company-owned affiliate locations; revenue for 5 Company-owned affiliate locations; other measures for 5 locations; other measures for 5 Company-owned affiliate locations; other measures for 5 Company-owned affiliate locations; other measures for 13 Franchise locations; other measures for 5 Company-owned affiliate locations; other measures for 5 locations; other measures for 5 locations; other measures for 5 locations; other measures for 13 Franchise locations. They are not combined.

    From reviewed FDD figures only. Not a recommendation or projection.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Range across 2 single-unit formats

    2026 FDD · Item 7

    Formats disclosed in Item 7 (2)

    Each format has its own total. The total depends on the format you choose.

    • Small Footprint Store total estimated initial investment: $797,507 to $1,319,851.PDF p. 17$797,507 – $1,319,851
    • Traditional Store total estimated initial investment: $1,199,663 to $1,983,000.PDF p. 16$1,199,663 – $1,983,000

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    23 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    24 separate populations, shown apart. Revenue is not owner income.

    Locations counted: not stated in the reviewed record

    Adjusted operating results · 5 locations

    Adjusted company-owned results: the franchisor adjusted these centers' expenses to estimate franchisee costs. They are not observed franchisee results or owner take-home income.

    Who is counted
    As stated note: tier and average/range context in quote
    Period
    median share of 2025 total revenue from this service: 9.7%
    Excluded
    Two company stores opened2025excluded;15full-year stores splitfiveeach; excludesinterest/tax/depreciation/amortization
    Method
    Tiered byannualsales. Selectedexpense estimates, imputed4%royalty/1%technology/2%marketing; gas/water/electricnotes mayconflictwithtable; retain.

    Locations counted: not stated in the reviewed record

    Other measures · 5 locations

    Who is counted
    Speed Queen company-owned Top Tier stores; tiered by annual sales
    Period
    Low Revenue
    Excluded
    Two company stores opened2025excluded;15full-year stores splitfiveeach; excludesinterest/tax/depreciation/amortization
    Method
    Tiered byannualsales. Selectedexpense estimates, imputed4%royalty/1%technology/2%marketing; gas/water/electricnotes mayconflictwithtable; retain.

    Locations counted: not stated in the reviewed record

    Other measures · 5 locations

    Who is counted
    Speed Queen company-owned Low Tier stores; tiered by annual sales
    Period
    Low Revenue
    Excluded
    Two company stores opened2025excluded;15full-year stores splitfiveeach; excludesinterest/tax/depreciation/amortization
    Method
    Tiered byannualsales. Selectedexpense estimates, imputed4%royalty/1%technology/2%marketing; gas/water/electricnotes mayconflictwithtable; retain.

    Locations counted: not stated in the reviewed record

    Other measures · 5 locations

    Who is counted
    Speed Queen company-owned Mid Tier stores; tiered by annual sales
    Period
    b Dryer Revenue
    Excluded
    Two company stores opened2025excluded;15full-year stores splitfiveeach; excludesinterest/tax/depreciation/amortization
    Method
    Tiered byannualsales. Selectedexpense estimates, imputed4%royalty/1%technology/2%marketing; gas/water/electricnotes mayconflictwithtable; retain.

    Locations counted: not stated in the reviewed record

    Other measures · 5 locations

    Who is counted
    Speed Queen company-owned Top Tier stores; annual-sales tier
    Period
    c Wash, Dry, Fold
    Excluded
    Two company stores opened2025excluded;15full-year stores splitfiveeach; excludesinterest/tax/depreciation/amortization
    Method
    Tiered byannualsales. Selectedexpense estimates, imputed4%royalty/1%technology/2%marketing; gas/water/electricnotes mayconflictwithtable; retain.

    Locations counted: not stated in the reviewed record

    Other measures · 5 locations

    Who is counted
    Speed Queen company-owned Low Tier stores; annual-sales tier
    Period
    c Wash, Dry, Fold
    Excluded
    Two company stores opened2025excluded;15full-year stores splitfiveeach; excludesinterest/tax/depreciation/amortization
    Method
    Tiered byannualsales. Selectedexpense estimates, imputed4%royalty/1%technology/2%marketing; gas/water/electricnotes mayconflictwithtable; retain.

    Locations counted: not stated in the reviewed record

    Other measures · 5 locations

    Who is counted
    Speed Queen company-owned Mid Tier stores; annual-sales tier
    Period
    d Retail
    Excluded
    Two company stores opened2025excluded;15full-year stores splitfiveeach; excludesinterest/tax/depreciation/amortization
    Method
    Tiered byannualsales. Selectedexpense estimates, imputed4%royalty/1%technology/2%marketing; gas/water/electricnotes mayconflictwithtable; retain.

    Locations counted: not stated in the reviewed record

    Other measures · 13 locations

    Who is counted
    13fullperiodfranchisedstores
    Period
    Aboveaverage percent
    Excluded
    Two2025openings andoneclosed(older13months) excluded; noSmallFootprintresults
    Method
    GrossSales asdefined; distinctfrom companyyearendperiod.

    Locations counted: not stated in the reviewed record

    Other measures · 13 locations

    Who is counted
    13 franchised Speed Queen businesses open for January 1–December 21, 2025
    Period
    High revenue
    Excluded
    Two2025openings andoneclosed(older13months) excluded; noSmallFootprintresults
    Method
    GrossSales asdefined; distinctfrom companyyearendperiod.

    Locations counted: not stated in the reviewed record

    Revenue · 5 locations

    Who is counted
    Speed Queen company-owned Mid Tier stores; Retail revenue group
    Period
    stores above average: 40%
    Excluded
    Two company stores opened2025excluded;15full-year stores splitfiveeach; excludesinterest/tax/depreciation/amortization
    Method
    Tiered byannualsales. Selectedexpense estimates, imputed4%royalty/1%technology/2%marketing; gas/water/electricnotes mayconflictwithtable; retain.

    Locations counted: not stated in the reviewed record

    Revenue · 15 locations

    Who is counted
    Speed Queen 15 company-owned stores; cycle modifier revenue disclosure
    Excluded
    Two company stores opened2025excluded;15full-year stores splitfiveeach; excludesinterest/tax/depreciation/amortization
    Method
    Tiered byannualsales. Selectedexpense estimates, imputed4%royalty/1%technology/2%marketing; gas/water/electricnotes mayconflictwithtable; retain.

    Locations counted: not stated in the reviewed record

    Other measures · 5 locations

    Who is counted
    Speed Queen company-owned Top Tier stores; service 1c
    Period
    2025 total revenue from this service ranged from 6.5% to 11.9%
    Excluded
    Two company stores opened2025excluded;15full-year stores splitfiveeach; excludesinterest/tax/depreciation/amortization
    Method
    Tiered byannualsales. Selectedexpense estimates, imputed4%royalty/1%technology/2%marketing; gas/water/electricnotes mayconflictwithtable; retain.

    Locations counted: not stated in the reviewed record

    Other measures · 5 locations

    Who is counted
    Speed Queen company-owned Mid Tier stores; service 1c
    Period
    2025 total revenue from this service ranged from 5.4% to 16.2%
    Excluded
    Two company stores opened2025excluded;15full-year stores splitfiveeach; excludesinterest/tax/depreciation/amortization
    Method
    Tiered byannualsales. Selectedexpense estimates, imputed4%royalty/1%technology/2%marketing; gas/water/electricnotes mayconflictwithtable; retain.

    Locations counted: not stated in the reviewed record

    Revenue · 5 locations

    Who is counted
    Speed Queen company-owned Mid Tier stores; Wash, Dry, Fold service revenue group
    Period
    median 2025 revenue share: 9.6%
    Excluded
    Two company stores opened2025excluded;15full-year stores splitfiveeach; excludesinterest/tax/depreciation/amortization
    Method
    Tiered byannualsales. Selectedexpense estimates, imputed4%royalty/1%technology/2%marketing; gas/water/electricnotes mayconflictwithtable; retain.

    Locations counted: not stated in the reviewed record

    Revenue · 5 locations

    Who is counted
    Speed Queen company-owned Top Tier stores; Retail revenue group
    Period
    average 2025 revenue share: 4.2%
    Excluded
    Two company stores opened2025excluded;15full-year stores splitfiveeach; excludesinterest/tax/depreciation/amortization
    Method
    Tiered byannualsales. Selectedexpense estimates, imputed4%royalty/1%technology/2%marketing; gas/water/electricnotes mayconflictwithtable; retain.

    Locations counted: not stated in the reviewed record

    Other measures · 5 locations

    Who is counted
    Speed Queen company-owned Top Tier stores; tiered by annual sales
    Period
    e Dryer price per turn $3.00 $2.64 $2.55 Stores above average $2.98 $2.68 $2.57
    Method
    Source dryer price median/aboveaverage labels appear reversed; preserve source context without swapping.

    Locations counted: not stated in the reviewed record

    Other measures · 5 locations

    Who is counted
    Speed Queen company-owned Low Tier stores; stated metric group
    Period
    Wash, Dry, Fold service lower revenue-share bound: 2.3%
    Excluded
    Two company stores opened2025excluded;15full-year stores splitfiveeach; excludesinterest/tax/depreciation/amortization
    Method
    Tiered byannualsales. Selectedexpense estimates, imputed4%royalty/1%technology/2%marketing; gas/water/electricnotes mayconflictwithtable; retain.

    Locations counted: not stated in the reviewed record

    Other measures · 5 locations

    Who is counted
    Speed Queen company-owned Top Tier stores; stated metric group
    Period
    float revenue recognized averaged -0.23% of total revenue in 2025
    Excluded
    Two company stores opened2025excluded;15full-year stores splitfiveeach; excludesinterest/tax/depreciation/amortization
    Method
    Tiered byannualsales. Selectedexpense estimates, imputed4%royalty/1%technology/2%marketing; gas/water/electricnotes mayconflictwithtable; retain.

    Locations counted: not stated in the reviewed record

    Other measures · 13 locations

    Who is counted
    13 franchised Speed Queen businesses open January 1–December 21, 2025
    Period
    Average revenue
    Excluded
    Two2025openings andoneclosed(older13months) excluded; noSmallFootprintresults
    Method
    GrossSales asdefined; distinctfrom companyyearendperiod.

    Locations counted: not stated in the reviewed record

    Other measures · 5 locations

    Who is counted
    Speed Queen company-owned Mid Tier stores; stated metric group
    Period
    gas cost lower bound: 2.2% of total sales
    Excluded
    Two company stores opened2025excluded;15full-year stores splitfiveeach; excludesinterest/tax/depreciation/amortization
    Method
    Tiered byannualsales. Selectedexpense estimates, imputed4%royalty/1%technology/2%marketing; gas/water/electricnotes mayconflictwithtable; retain.

    Locations counted: not stated in the reviewed record

    Other measures · 5 locations

    Who is counted
    Speed Queen company-owned Mid Tier stores; tiered by annual sales
    Period
    price per turn $8.07 $7.00 $6.33 median Washer price per turn $8.29 $7.10 $6.51
    Method
    Source dryer price median/aboveaverage labels appear reversed; preserve source context without swapping.

    Locations counted: not stated in the reviewed record

    Other measures · 5 locations

    Who is counted
    Speed Queen company-owned Low Tier stores; tiered by annual sales
    Period
    verage Washer turns per day 4.6 4.3 2.8 Median Washer Turns per day 4.9 4.3 2.7
    Method
    Source dryer price median/aboveaverage labels appear reversed; preserve source context without swapping.

    Locations counted: not stated in the reviewed record

    Other measures · 5 locations

    Who is counted
    Speed Queen company-owned Top Tier stores; annual-sales tier
    Period
    verage Washer turns per day 4.6 4.3 2.8 Median Washer Turns per day 4.9 4.3 2.7
    Method
    Source dryer price median/aboveaverage labels appear reversed; preserve source context without swapping.

    Locations counted: not stated in the reviewed record

    Other measures · 13 locations

    Who is counted
    13 franchised Speed Queen businesses open for the full stated period
    Period
    Median revenue
    Excluded
    Two2025openings andoneclosed(older13months) excluded; noSmallFootprintresults
    Method
    GrossSales asdefined; distinctfrom companyyearendperiod.

    These groups are never combined. Adjusted company-owned operating results cannot be divided by franchised revenue to calculate a franchisee profit margin.

    Outlet Changes — Item 20

    How has the outlet count changed?

    Coverage not stated in the reviewed record · counts as of year end of each year.

    2026 FDD · Item 20 ·

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($797,507 – $1,983,000) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Item 19 — Locations counted not stated in the reviewed record — As stated note: tier and average/range context in quote · PDF p. 50; PDF p. 51
    2. [2]Item 19 — Locations counted not stated in the reviewed record — Speed Queen company-owned Top Tier stores; tiered by annual sales · PDF p. 48; PDF p. 49; PDF p. 50; PDF p. 51
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Speed Queen company-owned Low Tier stores; tiered by annual sales · PDF p. 48; PDF p. 49; PDF p. 50; PDF p. 51
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Speed Queen company-owned Mid Tier stores; tiered by annual sales · PDF p. 48; PDF p. 49; PDF p. 50; PDF p. 51
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Speed Queen company-owned Top Tier stores; annual-sales tier · PDF p. 48; PDF p. 50
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Speed Queen company-owned Low Tier stores; annual-sales tier · PDF p. 48; PDF p. 50; PDF p. 51
    7. [7]Item 19 — Locations counted not stated in the reviewed record — Speed Queen company-owned Mid Tier stores; annual-sales tier · PDF p. 48; PDF p. 50; PDF p. 51
    8. [8]Item 19 — Locations counted not stated in the reviewed record — 13fullperiodfranchisedstores · PDF p. 52
    9. [9]Item 19 — Locations counted not stated in the reviewed record — 13 franchised Speed Queen businesses open for January 1–December 21, 2025 · PDF p. 52
    10. [10]Item 19 — Locations counted not stated in the reviewed record — Speed Queen company-owned Mid Tier stores; Retail revenue group · PDF p. 50
    11. [11]Item 19 — Locations counted not stated in the reviewed record — Speed Queen 15 company-owned stores; cycle modifier revenue disclosure · PDF p. 50
    12. [12]Item 19 — Locations counted not stated in the reviewed record — Speed Queen company-owned Top Tier stores; service 1c · PDF p. 50
    13. [13]Item 19 — Locations counted not stated in the reviewed record — Speed Queen company-owned Mid Tier stores; service 1c · PDF p. 50
    14. [14]Item 19 — Locations counted not stated in the reviewed record — Speed Queen company-owned Mid Tier stores; Wash, Dry, Fold service revenue group · PDF p. 50
    15. [15]Item 19 — Locations counted not stated in the reviewed record — Speed Queen company-owned Top Tier stores; Retail revenue group · PDF p. 50
    16. [16]Item 19 — Locations counted not stated in the reviewed record — Speed Queen company-owned Top Tier stores; tiered by annual sales · PDF p. 49
    17. [17]Item 19 — Locations counted not stated in the reviewed record — Speed Queen company-owned Low Tier stores; stated metric group · PDF p. 50
    18. [18]Item 19 — Locations counted not stated in the reviewed record — Speed Queen company-owned Top Tier stores; stated metric group · PDF p. 50; PDF p. 51
    19. [19]Item 19 — Locations counted not stated in the reviewed record — 13 franchised Speed Queen businesses open January 1–December 21, 2025 · PDF p. 52
    20. [20]Item 19 — Locations counted not stated in the reviewed record — Speed Queen company-owned Mid Tier stores; stated metric group · PDF p. 51; PDF p. 50
    21. [21]Item 19 — Locations counted not stated in the reviewed record — Speed Queen company-owned Mid Tier stores; tiered by annual sales · PDF p. 49
    22. [22]Item 19 — Locations counted not stated in the reviewed record — Speed Queen company-owned Low Tier stores; tiered by annual sales · PDF p. 49
    23. [23]Item 19 — Locations counted not stated in the reviewed record — Speed Queen company-owned Top Tier stores; annual-sales tier · PDF p. 49
    24. [24]Item 19 — Locations counted not stated in the reviewed record — 13 franchised Speed Queen businesses open for the full stated period · PDF p. 52

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.

    Territory & operations

    These are contract disclosures, not confirmation that any territory is currently available.

    Franchisor financial statements

    No verified franchisor financial statement figures have been reviewed yet.

    SBA-backed loans to franchisees

    Loading…

    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.