How much does it cost to open a Speed Queen Laundry franchise?

The Speed Queen Laundry Franchise Disclosure Document reports separate estimated initial investments by format: $1,199,663–$1,983,000 for traditional franchise initial investment total (2026 FDD, Item 7, PDF p. 16); $797,507–$1,319,851 for small footprint initial investment total (2026 FDD, Item 7, PDF p. 17). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote.

What is the Speed Queen Laundry initial franchise fee?

The disclosed initial franchise fee for a standard single unit is $49,500 (2026 FDD, Item 5, PDF p. 10). Other fee options (for example multi-unit or conversion) are listed separately in the report.

What ongoing fees does Speed Queen Laundry charge?

The disclosed ongoing royalty is $4 (2026 FDD, Item 6, PDF p. 12). The brand or advertising fund contribution is $1 (2026 FDD, Item 6, PDF p. 12). Other recurring fees are listed in Item 6.

Does Speed Queen Laundry disclose financial performance (Item 19)?

Yes. The Speed Queen Laundry FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 48). Figures apply only to the locations and period each one covers.

Speed Queen Laundry

Franchise research report · reviewed 2026 disclosure data

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

Reviewed sources

Franchising since: 2019
Headquarters: Ripon, WI United States

SPEED QUEEN franchise specializes in self-service laundromat operations, leveraging the brand's century-long reputation for manufacturing durable commercial was

Quick facts

How much does it cost to open a Speed Queen Laundry franchise?: The Speed Queen Laundry Franchise Disclosure Document reports separate estimated initial investments by format: $1,199,663–$1,983,000 for traditional franchise initial investment total (2026 FDD, Item 7, PDF p. 16); $797,507–$1,319,851 for small footprint initial investment total (2026 FDD, Item 7, PDF p. 17). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
What is the Speed Queen Laundry initial franchise fee?: The disclosed initial franchise fee for a standard single unit is $49,500 (2026 FDD, Item 5, PDF p. 10). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
What ongoing fees does Speed Queen Laundry charge?: The disclosed ongoing royalty is $4 (2026 FDD, Item 6, PDF p. 12). The brand or advertising fund contribution is $1 (2026 FDD, Item 6, PDF p. 12). Other recurring fees are listed in Item 6. Details
Does Speed Queen Laundry disclose financial performance (Item 19)?: Yes. The Speed Queen Laundry FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 48). 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

1The 2026 FDD (Item 7) estimates opening costs separately by format: $1,199,663 – $1,983,000 (Traditional franchise initial investment total); $797,507 – $1,319,851 (Small Footprint initial investment total); several initial fee options apply.
2Item 19 covers 5 separate groups: revenue and other measures and costs and EBITDA for 5 Company-owned locations; revenue and other measures and EBITDA and costs for 5 Company-owned locations; other measures and revenue and EBITDA and costs for 5 Company-owned locations; other measures for 15 Company-owned locations; other measures for 13 Franchised 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 initial investmentPDF p. 17$797,507 – $1,319,851
Traditional franchise initial investmentPDF p. 16$1,199,663 – $1,983,000

Standard single-unit franchise fee

2026 FDD · Item 5 · PDF p. 10
Discounted and multi-unit options are separate; see all fees.

Ongoing Fees — Item 6

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

RoyaltyMain ongoing fee

19 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?

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

Locations counted: not stated in the reviewed record

Revenue, costs, EBITDA and other measures · 5 locations

Who is counted: Mid Tier tier of company-owned stores
Period: Mid Tier
Excluded: The 2 company owned stores that opened in 2025 are not included.

Locations counted: not stated in the reviewed record

Revenue, EBITDA, costs and other measures · 5 locations

Who is counted: Top Tier tier of company-owned stores
Period: Top Tier
Excluded: The 2 company owned stores that opened in 2025 are not included.

Locations counted: not stated in the reviewed record

Revenue, EBITDA, costs and other measures · 5 locations

Who is counted: Low Tier tier of company-owned stores
Period: Low Tier
Excluded: The 2 company owned stores that opened in 2025 are not included.

Locations counted: not stated in the reviewed record

Other measures · 15 locations

Who is counted: Company-owned stores
Excluded: The 2 company owned stores that opened in 2025 are not included.

Locations counted: not stated in the reviewed record

Other measures · 13 locations

Who is counted: Franchised Speed Queen businesses open the entire period
Period: Median Revenue
Excluded: 2 franchised Speed Queen businesses that opened in 2025 and 1 franchised Speed Queen business that closed in 2025 (but which was open more than 13 months) are not included.

These groups are never combined.

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]Standard initial franchise fee — Item 5 · PDF p. 10
[2]Item 19 — Locations counted not stated in the reviewed record — Mid Tier tier of company-owned stores · PDF p. 48; PDF p. 49; PDF p. 50
[3]Item 19 — Locations counted not stated in the reviewed record — Top Tier tier of company-owned stores · PDF p. 48; PDF p. 49; PDF p. 50
[4]Item 19 — Locations counted not stated in the reviewed record — Low Tier tier of company-owned stores · PDF p. 49; PDF p. 48; PDF p. 50
[5]Item 19 — Locations counted not stated in the reviewed record — Company-owned stores · PDF p. 48
[6]Item 19 — Locations counted not stated in the reviewed record — Franchised Speed Queen businesses open the entire 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.

Legal & agreement

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

Reader notes on wording

Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.

Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 FL — Outlets at End of Year
“FL 2023 0 1 0 0 0 0 1”
Note: Item 20 claim is state-specific; the review scope permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 GA — Outlets Opened
“GA 2025 1 0 0 0 0 0 1”
Note: This Item 20 claim is state-specific; the permitted review scope is national/systemwide Total rows only.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 IL — Terminations
“IL 2023 1 1 0 0 0 0 2”
Note: The cited Item 20 claim is a state-level row. This review permits only national/systemwide Total rows, so the state-specific figure is out of scope.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 SC — Non-Renewals
“SC 2023 1 0 0 0 0 0 1”
Note: The cited Item 20 claim is state-specific. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 LA — Outlets at Start of Year
“LA 2025 1 0 0 0 0 0 1”
Note: The cited Item 20 claim is a state-specific outlet or transfer row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 LA — Reacquired by Franchisor
“LA 2025 1 0 0 0 0 0 1”
Note: The cited Item 20 claim is state-specific. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 SC — Non-Renewals
“SC 2025 1 0 0 0 0 0 1”
Note: This is state-level Item 20 data. The review scope permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 LA — Reacquired by Franchisor
“LA 2023 0 1 0 0 0 0 1”
Note: The cited Item 20 claim is a state-specific outlet row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 IL — Ceased Operations — Other Reasons
“IL 2023 1 1 0 0 0 0 2”
Note: The cited Item 20 claim is a state-specific transfer or outlet row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 SC — Terminations
“SC 2024 1 0 0 0 0 0 1”
Note: This is state-level Item 20 data. The review scope permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 IL — Outlets at End of Year
“IL 2025 3 1 0 0 0 0 4”
Note: The cited Item 20 claim is a state-specific outlet row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 LA — Ceased Operations — Other Reasons
“LA 2023 0 1 0 0 0 0 1”
Note: The cited Item 20 claim is a state-specific outlet row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 LA — Outlets at Start of Year
“LA 2023 0 1 0 0 0 0 1”
Note: The cited Item 20 claim is a state-specific outlet row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 LA — Terminations
“LA 2025 1 0 0 0 0 0 1”
Note: The cited Item 20 claim is a state-specific outlet or transfer row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 SC — Ceased Operations — Other Reasons
“SC 2023 1 0 0 0 0 0 1”
Note: The cited Item 20 claim is state-specific. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 LA — Outlets Opened
“LA 2023 0 1 0 0 0 0 1”
Note: The cited Item 20 claim is a state-specific outlet row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 IL — Terminations
“IL 2025 3 1 0 0 0 0 4”
Note: The cited Item 20 claim is a state-specific outlet row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 LA — Outlets at Start of Year
“LA 2024 1 0 0 0 0 0 1”
Note: The cited Item 20 claim is a state-specific outlet row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 LA — Ceased Operations — Other Reasons
“LA 2024 1 0 0 0 0 0 1”
Note: The cited Item 20 claim is a state-specific outlet or transfer row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 LA — Ceased Operations — Other Reasons
“LA 2025 1 0 0 0 0 0 1”
Note: The cited Item 20 claim is state-specific. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 IL — Outlets Opened
“IL 2023 1 1 0 0 0 0 2”
Note: The cited Item 20 claim is a state-level row. This review permits only national/systemwide Total rows, so the state-specific figure is out of scope.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 SC — Outlets Opened
“SC 2025 1 0 0 0 0 0 1”
Note: This is state-level Item 20 data. The review scope permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 SC — Outlets at Start of Year
“SC 2024 1 0 0 0 0 0 1”
Note: This is state-level Item 20 data. The review scope permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 SC — Reacquired by Franchisor
“SC 2024 1 0 0 0 0 0 1”
Note: This is state-level Item 20 data. The review scope permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 SC — Outlets Opened
“SC 2023 1 0 0 0 0 0 1”
Note: The cited Item 20 claim is state-specific. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 LA — Terminations
“LA 2024 1 0 0 0 0 0 1”
Note: The cited Item 20 claim is a state-specific outlet or transfer row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 LA — Terminations
“LA 2023 0 1 0 0 0 0 1”
Note: The cited Item 20 claim is a state-specific outlet row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 IL — Reacquired by Franchisor
“IL 2024 2 1 0 0 0 0 3”
Note: The cited Item 20 claim is a state-specific transfer or outlet row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 IL — Reacquired by Franchisor
“IL 2025 3 1 0 0 0 0 4”
Note: The cited Item 20 claim is a state-specific outlet row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 LA — Non-Renewals
“LA 2023 0 1 0 0 0 0 1”
Note: The cited Item 20 claim is a state-specific outlet row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 IL — Reacquired by Franchisor
“IL 2023 1 1 0 0 0 0 2”
Note: The cited Item 20 claim is a state-specific transfer or outlet row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 GA — Non-Renewals
“GA 2024 1 0 0 0 0 0 1”
Note: This Item 20 claim is state-specific; the permitted review scope is national/systemwide Total rows only.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 CA — Reacquired by Franchisor
“CA 2025 1 0 0 0 0 0 1”
Note: Item 20 claim is state-specific; the review scope permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 GA — Ceased Operations — Other Reasons
“GA 2023 0 1 0 0 0 0 1”
Note: This Item 20 claim is state-specific; the permitted review scope is national/systemwide Total rows only.
Item 20 · PDF p. 53 · 2026 FDD
Our summary: Table 1 Company-owned — Outlets at the End of the Year
“Company-owned 2023 15 16 +1”
Note: The cited Item 20 entry is not a national/systemwide Total row, which is the permitted scope for this review.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 GA — Outlets at Start of Year
“GA 2025 1 0 0 0 0 0 1”
Note: This Item 20 claim is state-specific; the permitted review scope is national/systemwide Total rows only.
Item 20 · PDF p. 53 · 2026 FDD
Our summary: Table 1 Company-owned — Net Change
“Company-owned 2023 15 16 +1”
Note: The cited Item 20 entry is not a national/systemwide Total row, which is the permitted scope for this review.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 GA — Reacquired by Franchisor
“GA 2024 1 0 0 0 0 0 1”
Note: This Item 20 claim is state-specific; the permitted review scope is national/systemwide Total rows only.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 GA — Outlets at Start of Year
“GA 2024 1 0 0 0 0 0 1”
Note: This Item 20 claim is state-specific; the permitted review scope is national/systemwide Total rows only.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 IL — Ceased Operations — Other Reasons
“IL 2025 3 1 0 0 0 0 4”
Note: The cited Item 20 claim is a state-specific outlet row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 IL — Outlets at End of Year
“IL 2024 2 1 0 0 0 0 3”
Note: The cited Item 20 claim is a state-specific outlet row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 SC — Outlets at End of Year
“SC 2023 1 0 0 0 0 0 1”
Note: The cited Item 20 claim is state-specific. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 LA — Outlets at End of Year
“LA 2023 0 1 0 0 0 0 1”
Note: The cited Item 20 claim is a state-specific outlet row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 FL — Ceased Operations — Other Reasons
“FL 2023 0 1 0 0 0 0 1”
Note: Item 20 claim is state-specific; the review scope permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 IL — Outlets at Start of Year
“IL 2023 1 1 0 0 0 0 2”
Note: The cited Item 20 claim is a state-level row. This review permits only national/systemwide Total rows, so the state-specific figure is out of scope.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 GA — Outlets at End of Year
“GA 2023 0 1 0 0 0 0 1”
Note: This Item 20 claim is state-specific; the permitted review scope is national/systemwide Total rows only.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 SC — Terminations
“SC 2025 1 0 0 0 0 0 1”
Note: This is state-level Item 20 data. The review scope permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 LA — Outlets at End of Year
“LA 2025 1 0 0 0 0 0 1”
Note: The cited Item 20 claim is state-specific. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 IL — Outlets at End of Year
“IL 2023 1 1 0 0 0 0 2”
Note: The cited Item 20 claim is a state-specific transfer or outlet row. This review permits only national/systemwide Total rows.
Item 20 · PDF p. 54 · 2026 FDD
Our summary: Table 3 GA — Outlets at End of Year
“GA 2024 1 0 0 0 0 0 1”
Note: This Item 20 claim is state-specific; the permitted review scope is national/systemwide Total rows only.

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

Speed Queen Laundry

Headline figures

Quick facts

What the disclosures show

What does it cost to open?

Startup Investment — Item 7

Formats disclosed in Item 7 (2)

Ongoing Fees — Item 6

What results are disclosed—and for which locations?

Locations counted: not stated in the reviewed record

Locations counted: not stated in the reviewed record

Locations counted: not stated in the reviewed record

Locations counted: not stated in the reviewed record

Locations counted: not stated in the reviewed record

How has the outlet count changed?

Questions to investigate

For the franchisor

For current and former owners

For your advisors

Sources & vintage history

Citations (2026 FDD)

Territory & operations

Legal & agreement

Franchisor financial statements

SBA-backed loans to franchisees

Related research

Head-to-head comparisons

At a glance

Reader notes on wording