WaveMAX Laundry

Simply Put: WaveMAX is THE Laundromat of the 21st Century

  • Semi-Absentee with only 4-8 hours work each week
  • Low employee count with 2-3 team members
  • Over $680,000 savings versus industry norm
  • Built for exceptional cash-flow and quick ROI

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WaveMAX Laundry

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WaveMAX Laundry Franchise Cost and Requirements for 2022

Background

Are you looking for that fantastic absentee business model?
Extremely low employee count?
Opportunity to bring a "power in numbers" scenario with brand name benefits to an industry that has always been fragmented and poorly managed?
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. We are looking for professionals that want to build a multi-unit franchise empire but still have quality of life in running the business.

The industry is made up of Mom and Pop operators who are taken advantage of by the washer and dryer distributors. Their 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 which is by design from the distributors. Distributors want to over build and over sell you on equipment. When they do this, the operator fails and because the distributor financed the equipment, they take the store back and re-sell it to another victim. We want to work side by side with those who qualify to create a business that is set up for success from day one. We do this through our knowledge of the industry and preferred distributor pricing on equipment that we pass down to the franchisee. WaveMAX will change the way the coin laundry industry operates and we are looking for a network of business minded people to go on this journey with us.

Company Details

Established: 2012
First Unit Franchised: 2016
Franchised Units: 142
Company Owned Units: 1
States Registered In: All
Canada Franchises: No
International Franchises: No

Support and Training Offered By WaveMAX Laundry

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: No
Co-Operative Advertising: No
Training: 3 Days at corporate location, 5 days at franchisee location. Extensive pre-opening and post-opening support. Full site selection and store design services.

2022 Franchise Requirements Needed to Own a WaveMAX Laundry Franchise.

What does a WaveMAX Laundry Franchise Cost?

WaveMAX Laundry franchise fees for 2022:

Cash Investment: $200,000
Total Investment: $800,000 - $975,000
Minimum Net Worth: $400,000
Franchise Fee: 49,950
Royalty: 6%
Ad: 0%
Average Number of Employees: 3-4
Item 19: Yes
Visa Candidates: Yes
Passive Ownership: Yes
Home Based: No
B2B: No
Master Franchise Opportunities: Yes
Veteran Discount: Yes

Is WaveMAX Laundry a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. WaveMAX Laundry is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is WaveMAX Laundry a Home Based franchise?

No. WaveMAX Laundry is not a home based franchise opportunity.

What Do WaveMAX Laundry Franchise Owners Make?

Click here to find out how much WaveMAX Laundry franchisees make. WaveMAX Laundry offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is WaveMAX Laundry a Master Franchise Opportunity?

Yes. WaveMAX Laundry is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.

Does WaveMAX Laundry Offer a Veteran Discount?

Yes. WaveMAX Laundry franchise does offer a veteran discount.

Does WaveMAX Laundry Work with E2 Visa and EB-5 Visa Candidates?

Yes. WaveMAX Laundry franchise does work with E2 Visa and EB-5 Visa candidates.

Is WaveMAX Laundry Looking for Franchisees in Canada?

No. WaveMAX Laundry franchise is not looking for Canada franchisees.

Is WaveMAX Laundry Looking for International franchisees?

No. WaveMAX Laundry franchise is not looking for International franchisees.

Additional Information

Additional Categories

Dry Cleaning & Laundry

Number of Units Open

50-100 UNITS

Cash Required

More than $250,000

Master Franchise

Yes

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

WaveMAX Laundry Franchises for Sale

Click Here to inquire about existing WaveMAX Laundry franchises for sale. We may have WaveMAX Laundry franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.