Franchise: WaveMax Laundry

Initial Investment
LOW:$132,215
HIGH: $803,500
Change in Units
+100.0% +0 UNITS (1 Year)
+100.0% +0 UNITS (3 Years)

Ongoing Support
Purchasing Co-ops
Meetings
Grand Opening
Internet
Security
Field Operations
Marketing Support
Co-op Advertising
Ad Slicks

Training Onsite: 5 days

Training at headquarters: 3 days

Absentee Ownership Allowed

Number of employees required to run: 3 - 4

Founded

2012

Franchising Since

2016 (1 Years)

Corporate Address

929 McDuff Ave. S., #107 Jacksonville, FL 32065

CEO

Mike Roberts

Parent Company

WaveMax Franchise LLC

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Financial Requirements

Initial Investment

$132,215 - $803,500

Net-worth Requirement

$400,000

Liquid Cash Requirement

$200,000

Ongoing Fees

Initial Franchise Fee

$49,950 - $49,950

Ongoing Royalty Fee

7%

Financing Options

WaveMax Laundry has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory

Veteran Incentives


5% off franchise fee

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: July 1st, 2017

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