WaveMax Laundry offers professional and efficient self-service and full-service laundry solutions, providing a convenient and reliable option for individuals and businesses to handle their laundry needs.
KEY FRANCHISE STATS
Franchisees
?
50
+
79%
79%
Franchise fee
?
$49,950
Investment
?
$351,000 - $1,515,000
Revenue (AUV)
?
Undisclosed
$382,000
+
n.a.
n.a.
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WaveMAX Laundry, established in 2012 in Jacksonville, Florida, remains headquartered in its founding city. The franchise focuses on delivering top-notch laundromat services, prioritizing customer convenience and leveraging advanced technology to enhance the laundry experience.
Offering both self-service options and wash-dry-fold services, WaveMAX utilizes cutting-edge Electrolux equipment. These machines are equipped with features like the Automatic Weighing System, which adjusts water usage based on the size of the load, and Eco Power technology, designed to improve drying efficiency while conserving energy.
Since launching its franchising initiative, WaveMAX has experienced steady growth, building a strong presence across the United States. The franchise’s approach to site selection, store design, and equipment investment underscores its commitment to maximizing operational efficiency and profitability, setting it apart from standard laundromats.
With a focus on cleanliness, energy-saving practices, and customer-oriented amenities such as free Wi-Fi, WaveMAX aims to redefine the traditional laundromat by providing a superior and more convenient experience for its customers.
Initial investment
The initial investment required for a WaveMax Laundry franchise is
$351,000 - $1,515,000.
That is the total cost you would need to finance if you were to start this franchise.
These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure
Amount
Initial Franchise Fee
$49,950 - $49,950
Training-Related Expenses
$1,500 - $2,000
Grand Opening Marketing
$20,000 - $20,000
Computer Equipment & Software
$1,000 - $1,500
Laundry Machines & Equipment
$157,000 - $799,000
Tenant Improvements
$50,000 - $499,000
Location Lease
$4,000 - $9,500
Safes
$550 - $3,500
Containers
$175 - $200
Misc. Supplies
$75 - $200
Camera & Security System
$900 - $4,500
Office Equipment
$150 - $300
Signage
$9,000 - $23,000
Vending Machines & ATM
$0 - $3,500
Televisions
$175 - $450
Furniture
$400 - $600
UV Sanitization System
$20,000 - $29,000
Insurance
$400 - $600
Uniforms
$80 - $150
Legal Fees
$1,000 - $3,000
Business License(s)
$100 - $400
Additional Funds – 3 Months
$35,000 - $65,000
Total
$351,455 - $1,515,350
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Type of Expenditure
Amount
Initial Franchise Fee
$49,950 - $49,950
Training-Related Expenses
$1,500 - $2,000
Grand Opening Marketing
$20,000 - $20,000
Computer Equipment & Software
$1,000 - $1,500
Laundry Machines & Equipment
$157,000 - $799,000
Tenant Improvements
$50,000 - $499,000
Location Lease
$4,000 - $9,500
Safes
$550 - $3,500
Containers
$175 - $200
Misc. Supplies
$75 - $200
Camera & Security System
$900 - $4,500
Office Equipment
$150 - $300
Signage
$9,000 - $23,000
Vending Machines & ATM
$0 - $3,500
Televisions
$175 - $450
Furniture
$400 - $600
UV Sanitization System
$20,000 - $29,000
Insurance
$400 - $600
Uniforms
$80 - $150
Legal Fees
$1,000 - $3,000
Business License(s)
$100 - $400
Additional Funds – 3 Months
$35,000 - $65,000
Total
$351,455 - $1,515,350
Franchise Disclosure Document
Below is WaveMax Laundry's 2024 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
WaveMax Laundry had 51 total units in 2024, of which 50 were franchised-owned and 1 company-owned.
Frequently Asked Questions
What is the royalty fee of
WaveMax Laundry
?
The royalty fee for a WaveMax Laundry franchise is 6.00%. In addition, you would have to pay the advertising (or national brand fund) fee of 1% + $300 to $500 per month.
What is the total investment of
WaveMax Laundry
?
The initial investment required for a WaveMax Laundry franchise is $351,000 - $1,515,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
What is the initial franchise fee of
WaveMax Laundry
?
The initial franchise fee for a WaveMax Laundry franchise is $49,950. This is typically paid upfront as part of the total initial investment, after signature of the Franchise Agreeement.
What is the average revenue (Average Unit Volume) of
WaveMax Laundry
?
WaveMax Laundry does not disclose the average unit volume (average revenue) in its FDD.
The average unit volume (average revenue) for a WaveMax Laundry franchise is $382,000.
WaveMax provides comprehensive training to its franchisees, which includes an initial business operations training session of three days held primarily in Florida or another designated location.
This training is aimed at equipping franchisees with the necessary skills and knowledge to operate the business successfully. If mobile services are to be offered, an additional one-day on-site training specific to this service is required. Franchisees must cover associated costs such as transportation, accommodation, and meals.
The franchisor may also require retraining if the franchisee's operations are not in compliance with the set standards. Additionally, continuing education opportunities, such as annual meetings to address system updates and other operational topics, may be provided to support ongoing success.
Territory Protection
WaveMax provides franchisees with a defined territory that typically encompasses a two-mile radius from the franchise location. This area is determined based on factors such as population density, average household income, and the concentration of rental properties.
Within this territory, the franchisor commits not to establish company-owned or franchised outlets that sell similar goods or services under the same trademarks, ensuring some level of operational exclusivity.
However, WaveMax does not offer complete territorial exclusivity. Franchisees may face competition from other franchisees or mobile services offered by the franchisor.