WaveMAX Laundry - Franchise
Since 2012 WaveMAX® Coin Laundry based in Jacksonville FL has focused its business model on developing the prototypical market & store that can scale and sustain a national chain of coin only laundromats. The Franchise Development is being led by Dennis Mulgannon who successfully built Home Care Assistance, Junk King & The Flying Locksmiths into National Franchise Brands. We are looking for business partners. Not someone who is looking at opening a store and bleeding it dry. We want our owners to take pride in their investment like we have done at the Corporate store. (We never get tired of hearing how clean and professional our store is compared to the rest of our competitors) A clean, safe, and fully attended store maximizes the store’s potential and makes it a destination within its market.
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $200,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $400,000 What does Net Worth mean? |
| Franchise Fee: | $49,950 What does Franchise Fee mean? |
| Total Investment: | $800,000 - $975,000 What does Total Investment mean? |
Options
Options available to franchisees:
| Financing: | Available |
|---|---|
| Training: | Available |
| Veteran Discount: | Yes |
Franchisor Details
Facts about this franchise:
| Total Units: | 150 |
|---|---|
| Home Office: | Jacksonville, FL |
| Year Founded: | 2012 |
| Franchising Since: | 2016 |
What Does a WaveMAX Laundry Franchise Cost?
To buy a franchise with WaveMAX Laundry, you'll need to have at least liquid capital of $200,000 and a minimum net worth of $400,000. Franchisees can expect to make a total investment of $800,000 - $975,000. WaveMAX Laundry charges a franchise fee of $49,950. They also offer financing as well as a discount for veterans. *
A Very Unique Franchise Opportunity
Built for exceptional cash-flow & quick ROI
- Are you looking for that fantastic absentee business model?
- Extremely low employee count?
- A business that makes money when you are not around?
- Not interested in the fast food business?
- WaveMAX® is the franchise for you.
- WaveMAX® has developed a system to change the way coin laundry locations are built, perceived, and operated.
Background
The industry is made up of Mom and Pop operators who are taken advantage of by the washer and dryer Distributors whose sole purpose is to sell equipment to these non-business savvy operators. The industry has no brand, no business sophistication and massive turnover from operator to operator. Just drive around your city and tour the laundromats in your area. Generally they are not staffed, dirty and run down…we call them Zombie Mats!
WaveMAX® Was Created To Address This Situation!
Since 2012 WaveMAX® Coin Laundry based in Jacksonville FL has focused its business model on developing the prototypical market & store that can scale and sustain a national chain of coin only laundromats. The Franchise Development is being led by Dennis Mulgannon who successfully built Home Care Assistance, Junk King & The Flying Locksmiths into National Franchise Brands.
The WaveMAX® Difference
- Clean, well maintained, and well lit
- Best equipment and amenities in the industry
- High efficiency washers and dryers
- Full-time attendants
- Wash, Dry, and Fold services
- Free Wi-Fi
The WaveMAX® Solution
- Right Location
- Right Size Store
- Right Equipment Mix
- =Maximum Profits
Location, Location, Location.
We have developed our own proprietary approach to discerning the best possible real estate play for our locations.
It includes:
- Comprehensive review of area demographics, including population density, renter mix, and income
- Best size store based on demographics
- Traffic and flow pattern assessment to ensure that our C real estate drives A returns
Layout and Store Design
…drives cleanliness, sense of security, and repeat business.
We use best Construction, Operational Practices & Green Initiatives in our WaveMAX® Laundromats.
We will provide the proper store design and layout for each location. Don’t worry, we have done this before and know what you need.
Our store design sets us apart from the competition.
Industry Leading Equipment
The equipment we specify is one of the largest commercial laundry manufacturers in the world. We utilize their AWS feature which determines the use of the precise amount of water needed to wash the clothes.
We also use their Eco Power dryer line. As the clothes dry, Eco Power determines the “dryness” of the clothes thereby reducing the amount of gas utilized as the load moves through its drying cycle.
- We are “Coin only.” No card readers or loyalty programs. Our customers have been surveyed and they absolutely prefer coin to card.
- Our store design optimizes usage of the space to generate the maximum possible revenue per square foot.
- Store security and anti-theft practices are implemented and we have best security and camera systems in the industry.
We Are Aligned With The Industry Leader For Commercial Laundry Equipment!
Our relationship with Electrolux gives us an advantage no independent laundry can match.
- Preferred pricing on all equipment for all franchisees
- Financing available to cover 65% to 70% of the project cost
- Nationwide service and parts distribution
- Assistance with store layouts and marketing
- Population demographics analysis
- The only washers on the market with the AWS (Automatic Weighing System)
- Only dryer on the market with Eco Power
Disclaimer: This franchising information is not intended as an offer to sell a franchise or the solicitation of an offer to buy a franchise. Certain states regulate the offer and sale of franchises. If you are a resident of one of these states we will not offer or sell you a franchise unless and until we have complied with the applicable presale filing, registration, and disclosure requirements in your state.
Availability
WaveMAX Laundry is currently accepting inquiries from the following states:
Alabama, Arkansas, Arizona, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $200,000 in liquid capital to invest.
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