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Laundromats

Speed Queen Laundromat

Ripon, WI · Founded 1998 · SQLP

Speed Queen Laundry Franchise, LLC offers franchises for the establishment and operation of Speed Queen Stores, which are high-end laundromats providing customers self-service access to commercial washing machines, washer-extractors, and tumblers.

Read the 2026 FDD ↗www.speedqueenlaundry.com ↗
2026 Franchise 500
Unranked
32
units (2025)
10.3%
year over year

Units by Year

24
2022
28
2023
29
2024
32
2025

Total outlets at year end, from FDD Item 20.

The Investment

Initial investment
$1,199,663 – $1,983,000
FDD Item 7
Franchise fee
$49,500
FDD Item 5
Ad fund
1%
FDD Item 6
Financial performance
Yes
FDD Item 19 disclosure
Royalty

4% of Gross Sales

Leadership

  • Michael Schoeb

    Chief Executive Officer

  • Samantha Hannan

    Chief Legal Officer and Secretary

  • Dean Nolden

    Chief Financial Officer

  • John Shields

    General Manager, North America Franchise and Retail

  • Michele Ribar-Kuechler

    Manager

  • Carmen R. Garcia

    Franchise Project Coordinator

On File

FDD years
202620252024
Select a year to open the FDD
Franchisee records
19
Current roster rows
Signed, not open
7
FDD Item 20, Table 5
Franchising for
6 yrs

Franchise Disclosure Documents

PDFSpeed Queen Laundromat FDD 2026Most recent · opens in a new tabPDFSpeed Queen Laundromat FDD 2025Opens in a new tabPDFSpeed Queen Laundromat FDD 2024Opens in a new tab

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Read from this brand's Franchise Disclosure Documents. FDD library maintained by AskTy; figures are as filed by the franchisor.