Your ticket to Semi-Absentee income! 8 hours of work each week! SAFE*CLEAN*CONVENIENT
WaveMAX has developed a system to change the way coin laundry locations are perceived and operated. The industry has primarily been made up of Mom and Pop operators who are taken advantage of by the washer and dryer Distributors whose sole purpose is to sell equipment to these non-business savvy operators. The industry has no brand, no business sophistication and massive turn over from operator to operator. These naïve owners sign long term leases in buildings that are not the right fit for their businesses and over build the location with too much equipment and are saddled in debt financing. Hence the industry today is thriving for manufacturers as they continue to support this structure of over build in too large of spaces and then disappear once the equipment is sold. This results in too high of rent, too high of construction costs and too high of equipment financing that will not allow a net margin to justify the investment.
* in 2020
Why Choose WaveMax?
WaveMAX's "Secret Sauce":
As cliché as it is location, location, location is obviously number one. We have developed our own proprietary approach to discerning the best possible real estate play for our locations. It includes:
Right Site (Understand Demographics and Competition in the area) + Right Size (Best size store based on Demographics and Competition) + Right Mix (Best mix of Equipment for the Site) = Maximum Profits (Keep all costs under control for maximum profits)
- Fantastic absentee business model
- Extremely low employee count
- A business that makes money when the franchisee is not around
- Not fast food
- Mature industry with no national brands
Veteran's Fee: $47,453
Training & Support
Classroom and On The Job Training conducted in Jacksonville, Florida is conducted at our company store, run by our affiliate AU Hydro LLC. The training includes 1 day of classroom training and 2 days of on-the-job training for the franchisee or owner.
Since 2012 WaveMAX® Coin Laundry based in Jacksonville FL has focused its business model on developing the prototypical market & store that can scale and sustain a national chain of coin only laundromats.
$235,000 - $999,950
A business-savvy owner who realizes that partnering in a fragmented industry and working with Franchise Start-up Pro Dennis Mulgannon, who successfully launched Home Care Assistance, Junk King and The Flying Locksmiths into national franchise brands, is a better decision than buying a Yogurt Shop…
"My brands are not sexy but they cash flow and scale quickly".
We are looking for business partners. Not someone who is looking at opening a store and bleeding it dry. We want our owners to take pride in their investment like we have done at the corporate store. (We never get tired of hearing how clean and professional our store is compared to the rest of our competitors) A clean, safe, and fully attended store maximizes the store’s potential and makes it a destination within its market. This industry is known for old, tired, dirty “ZOMBIEMATS.” We want Franchise Partners that will faithfully maintain our brand!
NOTE: A new franchisee is required to work the business for the first six weeks.