WaveMax Laundry
Laundromats
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WaveMax Laundry
Laundromats

About
Founded

2012

Franchising Since

2016 (3 Years)

Corporate Address

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

CEO

Mike Roberts

Parent Company

WaveMax Franchise LLC

Financial Requirements
Initial Investment

$134,955 - $790,950

Net-worth Requirement

$450,000

Liquid Cash Requirement

$200,000

Ongoing Fees
Initial Franchise Fee

$49,950 - $49,950

Ongoing Royalty Fee

5.2%

Financing Options

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

Veteran Incentives

5% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

Social media

SEO

Website development

Email marketing

On-The-Job Training:

32 hours

Classroom Training:

16 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

3

Cost
Initial Investment: Low - $134,955 High - $790,950
Units
+100.0%+1 UNITS (1 Year) +100.0%+1 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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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: February 1st, 2019