Speed Queen Laundry Franchise
Join Speed Queen Laundry—powered by the global leader in laundry manufacturing, offering industry-leading support and strong investment potential.
$300,000
$49,500
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2019
Ripon,WI
Mike Schoeb
About Speed Queen Laundry
Speed Queen Laundry is more than just another laundromat franchise—it’s a business built on trust, durability, and proven results. As part of Alliance Laundry Systems, the world’s largest manufacturer of commercial laundry equipment, Speed Queen franchise owners enjoy the rare advantage of having both the brand and the equipment manufacturer working together to drive success.
This alignment means lower risk, better margins, and unmatched reliability. Unlike most franchise systems that depend on third-party suppliers, Speed Queen controls the full ecosystem—from equipment manufacturing and innovation to franchise support and ongoing operations guidance. For investors, this translates into a powerful, recession-resistant model with a proven history of performance.
Franchise Fees
$49,500
-
-
Why Choose Speed Queen Laundry?
When you invest in Speed Queen Laundry, you’re backed by Alliance Laundry Systems, the world’s leading commercial laundry manufacturer. That means unmatched reliability, industry expertise, and built-in trust. Here’s what sets us apart:
- Manufacturer Advantage – Speed Queen is powered by Alliance Laundry Systems, giving you direct access to the #1 name in commercial laundry equipment.
- In-House Financing – Our dedicated finance team has funded over 27,000 loans totaling $2.8 billion, making ownership more accessible and tailored to your needs.
- Premium Store Experience – Bright, modern layouts with family-friendly features like kids’ play areas with secured iPads, folding stations, and safe spaces — all designed to keep customers coming back.
- Advanced Tech Platform – Speed Queen Insights gives you real-time visibility into your business. From centralized refunds to advanced analytics, loyalty tracking, and PCI-compliant payments — everything runs on one streamlined platform.
- Customer Convenience – With the Speed Queen App, Rewards program, mobile payments, and cycle notifications, customers enjoy a modern retail experience while you build recurring revenue through loyalty.
- Proven Growth Model – Franchisees benefit from multi-unit scalability, ongoing training, and operational support from an award-winning corporate team.
With Speed Queen, you’re not just running a laundromat — you’re building a scalable, tech-enabled, family-friendly business that transforms the way people think about laundry.
Starting Costs & Investment Requirements
$1,199,663 - $1,983,000
$2,000,000
$300,000
Training & Support
From day one, Speed Queen Laundry ensures you’re equipped to build and scale with confidence.
- Tailored Financing Guidance – Beyond providing competitive financing options, our dedicated Alliance finance team walks you through the process step-by-step. Their decades of experience and deep understanding of the laundry business means you’re never left navigating funding alone.
- Hands-On Initial Training – Learn every aspect of operating your store, from managing staff and technology to creating a customer-first environment.
- Grand Opening Support – Our experts assist with marketing, operations, and community engagement to make your launch a success.
- Ongoing Field Support – You’ll receive continuous coaching, access to regional teams, and resources designed to maximize efficiency and growth.
- Technology at Your Fingertips – With Speed Queen Insights, you’ll have real-time access to reporting, customer data, and operational controls that help you make smarter decisions every day.
With this combination of financial guidance, operational training, and long-term support, you’ll have the confidence of knowing you’re backed by the industry leader at every step.
History
With more than 100 years of experience in commercial laundry, Speed Queen has built a reputation as the world’s most trusted name in laundry equipment. As part of Alliance Laundry Systems, we’ve set the global standard for durability, innovation, and performance.
In 2016, Speed Queen took that legacy a step further by launching Speed Queen Laundry stores — modern, family-friendly laundromats designed to transform the customer experience. Backed by a century of expertise and the strength of Alliance, our franchise model combines proven reliability with fresh retail innovation, making Speed Queen the fastest-growing name in laundry franchising today.
Ideal Candidate
Speed Queen Laundry is designed for entrepreneurs who want to build long-term equity with the backing of the world’s #1 laundry manufacturer. Our most successful franchisees share a few key traits:
- Financial Strength – Minimum $300,000 liquid capital and $2M+ net worth, with capacity for multi-unit growth.
- Leadership & Business Experience – Backgrounds in management, operations, or multi-unit franchising are ideal, but not required.
- Growth-Oriented Mindset – Owners who want to expand into multiple locations and scale their business portfolio.
- Semi-Absentee Potential – Engaged in operations at first, then transition into a more strategic growth role.
- Community Focus – Passion for providing a safe, modern, and family-friendly laundry experience.
If you’re a seasoned investor or entrepreneur looking for a scalable, essential-service franchise with unmatched manufacturer support, Speed Queen Laundry is the partner that can help you build a lasting legacy.