The average investment in the Laundry & Dry Cleaning sector is $580,667. But, that doesn’t tell the whole story. There's a striking difference between the average and median.
Of all Laundry & Dry Cleaning franchises, 8 have an investment lower than $555,913. The average initial investment is skewed because the most expensive franchise in this sector is $1,242,850.
When looking at franchise opportunities make sure you examine brands within your investment range. Search below for Laundry & Dry Cleaning investments that fit your financial criteria. If you're not sure what you can afford, fill out our Franchise Affordability Calculator.
How much money you can make from a Laundry & Dry Cleaning franchise depends on several factors, including location and demand for your services.
One way to predict your profit potential is to evaluate the financial performance representations provided by a franchisor in Item 19 of their Franchise Disclosure Document. Franchisors are not required to disclose this information, some are more transparent than others.
In the Laundry & Dry Cleaning sector, 63% disclose a financial performance representation. Of those, only 60% disclose some type of expense data on its franchisee operations.
Unlock our Laundry & Dry Cleaning Sector Report to learn which franchises are profitable.