SPEED QUEEN Cost Comparisons

Establishment, development and operation of commercial laundromats under the name Speed Queen.

You may not know much about laundromat investments, but with Speed Queen you don’t have to.

The Speed Queen Laundry business model and our industry-leading technologies make running a laundromat easy.

The total investment necessary to begin operation of a Speed Queen Store is $705,500 to $1,411,500. This includes $390,000 to $648,000 that must be paid to the franchisor or their affiliate(s).
If you sign an area development agreement to establish and operate multiple Speed Queen Stores, your estimated initial investment under the agreement will vary depending on how many Stores you agree to develop.

The total investment necessary under the area development agreement, based on a commitment of 3 Speed Queen Stores, is $2,117,500 to $4,239,500. This includes $30,000 of development fees that must be paid to the franchisor or their affiliates.