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How Much Does a Speed Queen Franchise Cost?

2025 Franchise Disclosure Document (FDD) Data

A Speed Queen franchise costs between $1,199,663 and $1,983,000 in total initial investment, according to the 2025 Franchise Disclosure Document. The initial franchise fee is $49,500.

$1,199,663

Minimum Investment

$1,983,000

Maximum Investment

$49,500

Franchise Fee

Speed Queen Franchise Fee

Initial Franchise Fee $49,500

Item 7 Fee Estimate $49,500

Speed Queen Total Investment Breakdown

Here is the itemized breakdown of costs to open a Speed Queen franchise, as reported in the 2025 FDD Item 7 (Estimated Initial Investment).

Minimum Investment

Maximum Investment

Franchise Fee $49,500

Franchise Fee Lump Sum · At signing of Franchise Agreement $49,500

Real Estate $375,000 – $687,500

Leasehold Improvements Lump Sum · As incurred before opening $375,000 – $687,500

Equipment & Assets $624,363 – $1,042,500

Washer and Dryer Equipment Lump Sum · Upon delivery prior to opening $530,000 – $938,500

Technology Package Lump Sum · Prior to opening $43,568 – $45,000

Signage Lump Sum · Upon delivery $29,500 – $31,000

Computer System Equipment Lump Sum · Prior to opening $17,295 – $19,000

Supplies and Inventory Lump Sum · Upon delivery before opening $4,000 – $9,000

Training $0

Working Capital & Reserves $20,000 – $40,000

Additional Funds (3 months) Lump Sum · As incurred before opening $20,000 – $40,000

Other Costs $130,800 – $163,500

Fixtures Lump Sum · Prior to opening $45,000 – $58,000

Security and AV Lump Sum · Prior to opening $36,800 – $44,000

Design and Permit Lump Sum · Variance times during the project $34,500 – $38,500

Furniture Lump Sum · Prior to opening $14,500 – $23,000

Total Estimated Investment $1,199,663 – $1,983,000

How Does Speed Queen Compare to Other Other Services Franchises?

Speed Queen's minimum investment of $1,199,663 is above the Other Services industry median. The median minimum investment for Other Services franchises is $117,596.

$1,199,663

Speed Queen Min

$117,596

Other Services Median Min

$1,983,000

Speed Queen Max

$334,230

Other Services Median Max

Investment Analysis

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Frequently Asked Questions

How much does it cost to open a Speed Queen?

The total startup cost for a Speed Queen franchise ranges from $1,199,663 to $1,983,000, according to the 2025 Franchise Disclosure Document (FDD) Item 7. The largest cost category is Equipment & Assets at $624,363 to $1,042,500.

How much is the Speed Queen franchise fee?

The Speed Queen franchise fee is $49,500, as disclosed in the 2025 FDD. This is a one-time upfront fee paid to the franchisor and is separate from the total initial investment.

Is Speed Queen a good investment?

Speed Queen requires a total franchise investment of $1,199,663 to $1,983,000 and scores Legal Risk: 100/100, Training: 56/100 in our FDD analysis. See our full Speed Queen franchise review for a detailed assessment of risks, territory, and support.

How much does a Speed Queen franchise owner make?

Speed Queen franchise locations report median gross sales of $544,226 per the 2025 FDD Item 19. See our Speed Queen franchise earnings breakdown for the full financial performance data.