TOP 10 Laundry & Dry Cleaning Franchise Business Opportunities in USA for 2024
Laundry & Dry Cleaning franchise business is anticipated to bring more revenue in 2024. The industry has experienced some changes such as shift to on-demand services and sustainable laundry practices. But the top 10 Laundry & Dry Cleaning franchise market leaders in the USA are the same if not mentioning slight rotation in the ranking.
Americans prefer not doing their laundry at home as it takes a lot of time, and they find it unpleasant. Therefore, they use laundry and dry cleaning services instead. The demand for the services made the USA market saturated with Laundry & Dry Cleaning Franchises. The businesses offer various concepts. There are environmentally friendly dry cleaners, boutique-style cleaning stores, laundromats, etc. The best US Laundry & Dry Cleaning Franchises are well-established business models which offer various related services such as wedding gown cleaning, wash-and-fold, leather cleaning, and others. Consequently, many of the companies are looking for new franchisees worldwide.
Here is TOP 10 Laundry & Dry Cleaning Franchise Business Opportunities in USA:
| № | Name of Brand | Founded | Initial investment |
|---|---|---|---|
| 1 | Martinizing | 1949 | $419,650 - $730,525 |
| 2 | Speed Queen | 1908 | $490,000 to $1,275,000 |
| 3 | Lapels | 2000 | $91,502 - $710,122 |
| 4 | The Eco Laundry Company | 2010 | $229,700 - $500,000 |
| 5 | WaveMax Laundry | 2012 | $209,955 - $928,550 |
| 6 | Comet Cleaners | 1947 | $93,000 - $890,000 |
| 7 | Oxxo Care Cleaners | 2001 | $475,500 - $667,000 |
| 8 | Tide Cleaners | 2008 | $682,100 - $1,586,700 |
| 9 | Dryclean USA | 1977 | $261,500 - $606,500 |
| 10 | Zips Dry Cleaners | 1996 | $745,700 - $1,300,000 |
Martinizing
Founded in: 1949
Franchising since: 1949
Franchise units: 370+ Worldwide
Initial investment: $419,650 - $730,525
Initial Franchise Fee: $69,500
Ongoing Royalty Fee: 6%
Ad Royalty Fee: 1%
Founded by Henry Martin in 1949, Martinizing Dry Cleaning features eco-friendly methods and solvents and offers quick, on-premises dry cleaning services as a shirt laundry, alterations, wash-and-fold, leather cleaning, bulk laundry, wedding gown cleaning and preservation, and many others. The company is seeking new franchise units worldwide.
Speed Queen
Founded in: 1908
Franchising since: 2006
Franchise units: 1,200+ Worldwide
Initial investment: $490,000 to $1,275,000
Initial Franchise Fee: $15,000
Ongoing Royalty Fee: 2-4%
Speed Queen Laundry was founded by Joe Barlow and John Seelig in 1908. A century of business experience and knowledge has grown the small laundromat into a successful franchise. The laundromats are known for providing an open design, updated tech, and an easy user experience. Business model is also committed to elevating the customer experience with vibrant in-store designs, lounge areas, complimentary iPads, and free WiFi.
Lapels
Founded in: 2000
Franchising since: 2001
Franchise units: 102
Initial investment: $91,502 - $710,122
Initial Franchise Fee: $15,000 - $25,000
Royalty Fees: 5%
Lapels Dry Cleaning has been the leader in environmentally friendly dry cleaning since 2000 and uses only eco-friendly solvents for dry cleaning. Full-service chain provides same-day dry cleaning, tailoring and alterations, shirt service, shoe repair, wedding gown preservation, suede and leather processing, box storage, and others. Company is seeking new franchise units worldwide.
The Eco Laundry Company
Founded in: 2010
Franchising since: 2013
Franchise units: 2
Initial investment: $229,700 - $500,000
Initial Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Ad Royalty Fee: 2%
The Eco Laundry Company, headquartered in NYC with a 3-d location in Buenos Aires, Argentina, is an eco-friendly laundry and dry cleaning company and is the world's first certified B Corporation dry cleaner and laundry service franchise. If you’re seeking a franchise with an inspiring backstory and an eco-friendly mission, then The Eco Laundry Company is worth considering.
WaveMax Laundry
Founded in: 2012
Franchising since: 2016
Franchise units: 12
Initial investment: $209,955 - $928,550
Initial Franchise Fee: $49,950
Royalty Fees: 6%
WaveMAX Laundry is a laundry business of Dennis Mulgannon, who also operates Junk King, Home Care Assistance, and the Flying Locksmiths. The company uses its proven franchise model to the coin operated laundry business and offers in-house financing to cover startup costs, equipment and inventory. Among other advantages, WaveMax's washers are the only washers on the market with the AWS (Automatic Weighing System).
Comet Cleaners
Founded in: 1947
Franchising since: 1967
Franchise units: 150+ Worldwide
Initial investment: $93,000 - $890,000
Initial Franchise Fee: $15,000 - $30,000
Ongoing Royalty Fee: 5%
Ad Royalty Fee: 2%
Comet Cleaners is the biggest dry-cleaning chain that is family-owned. The company’s innovative machinery and stain-fighting solutions have made them the trusted name in dry cleaning clothes over the years. Comet Cleaners’ services include dry cleaning and laundry, wedding gown cleaning, cleaning for various specialty items including leather and fine linens, and alterations.
Oxxo Care Cleaners
Founded in: 2001
Franchising since: 2002
Franchise units: 50+ Worldwide
Initial investment: $475,500 - $667,000
Initial Franchise Fee: $36,000
Ongoing Royalty Fee: 6%
Ad Royalty Fee: 1%
Oxxo Care Cleaners, founded by Salomon Mishaan in 2001, is a chain of unique boutique-style cleaning stores that offer their customers a convenient 24/7 ATM-style pickup system, online payment, and uses GreenEarth, one of the most technologically-advanced, gentle cleansing solvents to care for customers garments, without endangering the environment and clients.
Tide Cleaners
Founded in: 2008
Franchising since: 2009
Franchise units: 171
Initial investment: $682,100 - $1,586,700
Initial Franchise Fee: $20,000 - $50,000
Ongoing Royalty Fee: 6.5%
Ad Royalty Fee: 4%
Tide Dry Cleaners franchise, offered by Agile Pursuits Franchising Inc., a wholly-owned subsidiary of the Procter & Gamble Company, has a very recognizable brand name due to a laundry detergent of the company. TDC locations allow customers to drop off items for dry-cleaning and pick them up 24 hours a day by using drop boxes and lockers. Drive-through and tailoring services are also offered.
Dryclean USA
Founded in: 1977
Franchising since: 1978
Franchise units: 400+ Worldwide
Initial investment: $261,500 - $606,500
Initial Franchise Fee: $30,000
Ongoing Royalty Fee: $6.9K/yr.
DRYCLEAN USA, Inc., wholly owned subsidiary of ENVIROSTAR INC, a publically-traded company, through its subsidiaries is one of the nation's leading distributors of industrial laundry, dry cleaning machines and steam boilers and has nearly 400 locations around the United States, the Caribbean, Central and South America.
Zips Dry Cleaners
Founded in: 1996
Franchising since: 2006
Franchise units: 65
Initial investment: $745,700 - $1,300,000
Initial Franchise Fee: $50,000
Royalty Fees: 6%
ZIPS started out as eight Baltimore-Washington area separate dry cleaners, which in 2002 are united to help cut costs and provide the best dry cleaning experience that maintains high-quality services at one low price for any garment, and since then, ZIPS has expanded to over 50 locations across the country. To reduce environmental impact, the company uses 100% biodegradable plastic bags and every location operates a hanger recycling program.
Conclusion
To summarize, we can say any of the listed above laundry & dry cleaning franchises is worth buying. But there is a lot to consider while choosing the best one for you. Pay attention to the reputation of the brand, what training and support are offered, check if the other franchisees are successful. But the main thing you need to do is to align your budget with investment requirements of the brand. In order to ease the challenge, we have made the comparison flowchart of the best laundry & dry cleaning franchises in the USA for you. It shows the minimum estimated initial investment and initial franchise fee of each brand. By using it, you can figure out the difference in financial requirements for each franchise, and decide which one fits you the most.
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