Opening? Averan Spin Doctor Laundromat Opening PackageAlready open? Averan Spin Doctor Laundromat Conversion Package

Breakdown

Spin Doctor Laundromat franchise unit economics

Spin Doctor Laundromat franchisees run coinless laundromats, attended or self-serve, that sell self-service washing and drying, wash-and-fold drop-off service, commercial accounts and vending.

Stores reporting1

Income a year, one store$484,672*

Net operating income margin, one store30.56%The Hamilton store, January to June 2025, before royalty, marketing fund and owner pay

Total investment$490,000–$1,400,000

Spin Doctor Laundromat franchise at a glance

Spin Doctor Laundromat’s Item 19 covers one store, the Hamilton, New Jersey laundromat, for January 1 to June 30, 2025, when it was company-owned.

Spin Doctor Laundromat’s one Hamilton, New Jersey store, doubled from six months of 2025, comes to $484,672* of income a year, according to Item 19 of Spin Doctor Laundromat’s 2026 FDD, issued 22 May 2026. Fees paid to Spin Doctor Laundromat come to about 7.5%* of sales. A Spin Doctor Laundromat franchise costs $490,000 to $1,400,000 to open.

Spin Doctor Laundromat’s Hamilton store had total income of $242,336 and net operating income of $74,052, 30.56% of income, in those six months.
Spin Doctor Laundromat’s Item 19 figures leave out royalty, marketing fund and owner pay; at the stated 6% and 1.5% rates, net operating income would be $55,877*, 23.06%* of income.
Spin Doctor Laundromat’s Hamilton store spent 19.87% of income on payroll, 16.10% on rent and 14.67% on utilities, 50.6%* together.
A Spin Doctor Laundromat franchise costs $490,000 to $1,400,000 to open, including the $30,000 initial franchise fee.
A Spin Doctor Laundromat franchise pays a 6% royalty and a 1.5% marketing fund contribution, with the marketing contribution delayed for 6 months after opening, and no minimum royalty.
Spin Doctor Laundromat had 1 store open at the end of 2025, franchised, with 10 franchise agreements signed but not opened and 7 projected to open in 2026.

These figures come from Spin Doctor Laundromat's 2026 Franchise Disclosure Document, as the brand reported them, and were read by Averan Advisors. The $55,877 and 23.06% after brand charges and the 50.6% for payroll, rent and utilities together are Averan calculations from the Item 19 table and the Item 6 rates.

Own this franchise?

See what your numbers should look like every month.

Talk to Averan → Averan Spin Doctor Laundromat Conversion Package →

By Scott Engler · Averan Advisors · Source: Spin Doctor Franchising, LLC, 2026 Franchise Disclosure Document (FDD) · Updated 16 October 2026

The Hamilton store had $242,336 of total income from January 1 to June 30, 2025. Cost of goods sold was $2,417, 1.00% of income, and total expenses were $165,868, 68.45%. That is $40,389* of income a month.
Net operating income was $74,052, 30.56% of income, before any brand charge or owner pay. Item 19 says the expenses leave out royalty, marketing fund and any compensation paid to the owners. After a $636 uniform expense, net income was $73,416, 30.30%.
Payroll, rent and utilities came to $122,700*, 50.6%* of income. Payroll was $48,151, rent $39,007 and utilities $35,542. With repairs and maintenance of $18,486, the four lines were 58.3%* of income.
At the stated rates, royalty and marketing fund on $242,336 come to $18,175*. That takes net operating income from $74,052 to $55,877*, 23.06%* of income. Note 3 prints $30,931 and $7,733 for the same charges, $38,664* in total.
One store was open at the start and end of every year from 2023 to 2025. The company-owned Hamilton store was sold to a franchisee in 2025. At December 31, 2025, 10 franchise agreements were signed but not opened, and 7 stores were projected to open in 2026.

Six-month results

How much does a Spin Doctor Laundromat franchise make?

Profit and loss of the Hamilton, New Jersey store, January 1 to June 30, 2025, company-owned during the period (Item 19, Table 1) *Averan calculation
Line	Amount	Share of income	Monthly
Total income	$242,336	100.00%	$40,389*
Cost of goods sold	$2,417	1.00%	$403*
Gross profit	$239,919	99.00%	$39,987*
Total expenses	$165,868	68.45%	$27,645*
Net operating income	$74,052	30.56%	$12,342*
Uniform expense	$636	0.26%	$106*
Net income	$73,416	30.30%	$12,236*

Source: Item 19, Table 1, an accrual-basis profit and loss printed as an image and read from the rendered page. Amounts and shares are as printed. The monthly column is Averan’s, each amount divided by six. Gross profit less total expenses gives $74,051*; the table prints $74,052.

Item 19 covers one store for six months. It is the Hamilton, New Jersey laundromat, which was company-owned from January 1 to June 30, 2025. Item 19 says the store is now a franchise operation.

Total income was $242,336 and net operating income $74,052, 30.56% of income. Cost of goods sold, which Item 19 defines as the cleaning products sold, was $2,417, 1.00% of income.

The figures leave out royalty, marketing fund and owner pay. Note 3 says a franchised store would subtract royalties at 6% and marketing fund fees at 1.5%. Note 4 says the expenses do not include any compensation paid to the owners.

Doubled, the six months come to $484,672* of income and $148,104* of net operating income. Item 19 does not report a full year, and the second half of 2025 is not shown.

Operating expenses

Operating expenses, January to June 2025

Operating expenses of the Hamilton store, January 1 to June 30, 2025, largest lines first (Item 19, Table 1) *Averan calculation
Expense	Amount	Share of income
Payroll	$48,151	19.87%
Rent	$39,007	16.10%
Utilities	$35,542	14.67%
Repairs and maintenance	$18,486	7.63%
Advertising and promotion	$5,816	2.40%
Professional fees	$4,399	1.82%
Bank service charges	$4,017	1.66%
Insurance	$3,089	1.27%
All other lines*	$7,361*	3.04%*
Total expenses	$165,868	68.45%

Source: Item 19, Table 1. All other lines combines computer and internet, business licenses and permits, dues and subscriptions, meals, office supplies, postage, telephone, office expense, operating expenses and reimbursements; Averan added them from the printed subtotals. The eighteen printed subtotals add to $165,868.

Payroll, rent and utilities were $122,700*, 50.6%* of income. Adding repairs and maintenance of $18,486, 7.63%, the four lines were 58.3%* of income.

The utilities line includes a gas line of minus $5,298. Electricity was $21,146, a general utilities line $15,024, water $4,279 and sewer $391. Without the gas credit, utilities would be 16.85%* of income. Item 19 does not explain the credit.

The store spent $5,816 on advertising and promotion, 2.40% of income. Item 11 says outlets the brand owns are not obliged to contribute to the marketing fund, so the six months carry no marketing fund charge.

After brand charges

Net operating income after brand charges

Net operating income of the Hamilton store, January 1 to June 30, 2025, before and after royalty and marketing fund, at the Item 6 rates and as printed in Note 3 *Averan calculation
Basis	Royalty	Marketing fund	Net operating income	Share of income
Before brand charges, as printed	–	–	$74,052	30.56%
At 6% and 1.5% of $242,336	$14,540*	$3,635*	$55,877*	23.06%*
At the Note 3 figures	$30,931	$7,733	$35,388*	14.60%*

Source: Item 19, Table 1 and Note 3; Item 6 for the rates. Figures marked with an asterisk are Averan calculations. Owner pay is not included on any line.

Item 19 does not split stores into performance bands because it reports one store. There is no average, median, quartile or range across stores, and no figure for a franchised store.

At the Item 6 rates, the brand charges on six months of $242,336 come to $18,175*. That leaves net operating income of $55,877*, 23.06%* of income, before owner pay, debt service and tax.

Note 3 prints the charges as $30,931 of royalty and $7,733 of marketing fund. Those are 12.76%* and 3.19%* of the income in Table 1. Each matches its stated rate on income of about $515,500*, which is 2.1* times the six-month total. Item 19 does not say what period Note 3 uses.

The difference between the two bases is $20,489* over six months. On the Note 3 figures, net operating income would be $35,388*, 14.60%* of income.

Brand charges

Recurring charges in the franchise agreement (Item 6), with Averan’s figure on the Hamilton store’s six months *Averan calculation
Charge	Amount	On $242,336 of six-month income
Royalty	6% of gross sales, monthly on the 5th	$14,540*
Marketing fund	1.5% of gross sales, delayed for 6 months after opening	$3,635*
Market cooperative	Set by the co-op, up to 5% of gross sales; none operating	–
Software subscription	$100 to $200 a month, paid to the software supplier	$600 to $1,200*
Royalty and marketing fund	7.5%* of gross sales	$18,175*

Source: Item 6. The six-month column is Averan’s, applying each rate to Table 1 total income. Item 6 sets no minimum royalty.

The royalty is 6% of gross sales and the marketing fund 1.5%, 7.5%* together. The marketing fund contribution starts 6 months after opening. Item 6 sets no minimum royalty or minimum contribution.

A market cooperative can be formed with the agreement of a majority of local franchisees. It may require up to 5% of gross sales. Item 6 says no cooperative is operating.

Software costs $100 to $200 a month, paid to the supplier. Other charges are set amounts: $500 for a non-compliance left uncorrected after 30 days, then $250 a week; a $100 late fee plus interest at 18% a year; $30 for a returned payment; $600 a day for requested on-site support; a $5,000 renewal fee and a $10,000 transfer fee.

Item 11 says the brand spent no money from the marketing fund in its last fiscal year. It gives being a new franchisor as the reason.

Cost to open

Estimated initial investment, one franchise (Item 7)
Expense	Low	High
Furniture, fixtures and equipment	$200,000	$525,000
Leasehold improvements	$75,000	$400,000
POS and operating systems	$50,000	$150,000
Additional funds, first 3 months	$45,000	$100,000
Initial franchise fee	$30,000	$30,000
Professional fees	$25,000	$50,000
Licenses and permits	$21,000	$60,000
Signage	$15,000	$25,000
Rent and lease security deposit	$10,000	$20,000
Utilities	$5,000	$10,000
Insurance	$3,000	$5,000
Office expenses	$3,000	$7,000
Inventory	$3,000	$5,000
Market introduction plan	$2,000	$5,000
Travel, lodging and meals for training	$2,000	$5,000
Dues and subscriptions	$1,000	$3,000
Total	$490,000	$1,400,000

Source: Item 7, printed as an image and read from the rendered page. Both columns add to the printed totals. The low column assumes about 2,000 sq ft and the high column 3,000 sq ft or larger.

Equipment and operating systems are $250,000* of the $490,000 low total, 51.0%*. At the high end they are $675,000* of $1,400,000. With leasehold improvements, the low column’s build-out comes to $325,000*, 66.3%*.

The $30,000 initial franchise fee is paid in two halves. $15,000 is due at signing and $15,000 when a lease or purchase contract is signed for the site. Item 5 says half of each payment, $7,500, goes to the referring broker. The fee is 6.1%* of the low total.

Under a multi-unit development agreement, the fee for the second and each further store is $20,000. All fees are paid when the agreement is signed. Item 7 puts the multi-unit total at $535,000 to $1,530,000, with $20,000 to $80,000 of additional franchise fees.

Item 11 puts the time from signing to opening at 6–12 months. It names finding real estate as the main factor. The franchise term is 10 years, with renewal for 5 years.

Locations

Locations, 2023 to 2025

Spin Doctor Laundromat outlets at year end, as printed in Item 20, Table 1
Outlet type	2023	2024	2025
Franchised	0	0	1
Company-owned	1	1	0
Total	1	1	1

Source: Item 20, Tables 1, 3, 4 and 5. Table 3 prints 1 franchised outlet at the start and end of each year from 2023 to 2025, and Table 4 prints 1 company-owned outlet at the end of 2025 after recording 1 sold to a franchisee. Table 1 is shown here.

The system had 1 store at the end of each year from 2023 to 2025. Table 1 shows it company-owned at the end of 2023 and 2024 and franchised at the end of 2025. Table 4 records the company store sold to a franchisee in 2025.

Item 20 tables do not agree on the store’s status. Table 3 counts 1 franchised outlet in every year from 2023, and Table 4 still prints 1 company-owned outlet at the end of 2025. No terminations, non-renewals, closures or transfers are recorded.

10 franchise agreements were signed but not opened at December 31, 2025. By state: Texas 4, New Jersey 2, and New York, Minnesota, Florida and Georgia 1 each. 7 are projected to open in 2026, including 1 of the 4 in Texas.

Each franchise has a territory of about 20,000 people. Item 12 says no other Spin Doctor outlet will be placed in it, and also says the franchisee does not receive an exclusive territory. The brand may sell into the territory through other channels such as the internet.

Questions we get asked

Questions owners ask

How much does it cost to open a Spin Doctor Laundromat?

Item 7 estimates $490,000 to $1,400,000, including the $30,000 initial franchise fee. The largest lines are furniture, fixtures and equipment at $200,000 to $525,000 and leasehold improvements at $75,000 to $400,000. The low end assumes about 2,000 sq ft and the high end 3,000 sq ft or larger.

What fees does a Spin Doctor Laundromat franchisee pay?

A 6% royalty and a 1.5% marketing fund contribution on gross sales, 7.5%* together, with the marketing contribution delayed for 6 months after opening. Software costs $100 to $200 a month, paid to the supplier. A local cooperative of up to 5% of gross sales can be formed with a majority of local franchisees; none operates.

How much revenue does a Spin Doctor Laundromat make?

Item 19 reports one store: the Hamilton, New Jersey laundromat had $242,336 of total income from January 1 to June 30, 2025, while company-owned. That is $40,389* a month. Item 19 has no average across stores and no full-year figure.

What profit did the reporting store make?

Net operating income was $74,052, 30.56% of income, before royalty, marketing fund and owner pay. At the stated 6% and 1.5% rates it would be $55,877*, 23.06%*. Note 3 prints the charges as $30,931 and $7,733, which would leave $35,388*.

How many Spin Doctor Laundromat locations are there?

Item 20 shows 1 store at the end of 2025, franchised after the company store was sold to a franchisee in 2025. 10 franchise agreements were signed but not opened, and 7 stores were projected to open in 2026.

What territory does a franchisee get?

A territory of about 20,000 people, usually set as a twenty-five-mile radius around the franchisee’s residence or business. Item 12 says no other Spin Doctor outlet will be placed in it, but also says the territory is not exclusive.

Questions worth putting to Spin Doctor Laundromat

These are questions the filing leaves open. An owner or a buyer can put them to the franchisor directly.

Is the revenue in Item 19 gross sales or collected revenue, and how many locations sit below the average?
Which factors does Spin Doctor Laundromat see in its highest-selling locations, such as territory, years open and staffing?
How long does a new location take to reach the average you publish, and what does the build-up look like month by month?
At what level of sales do the minimum charges stop applying and the percentage take over?
How many Spin Doctor Laundromat locations closed, were sold, or changed hands last year, and why?

Part of our Home and Commercial Services guide · Averan Franchise

Run your own numbers.

The Franchise Numbers Check runs the same checks on your own numbers. It scores where you stand and compares you with Item 19 of your brand’s FDD. It works out what one location earns and spends, and builds a 13-week cash forecast. It also checks whether you are ready to open another one. It is free and it runs in your browser.

Launch the diagnostic →

Reporting for a Spin Doctor Laundromat owner

We review your unit economics and cash forecast and build your monthly reporting around the figures on this page.

Talk to Averan

Where this sits

the franchise library, all 431 brands · how franchise unit economics work · running the books across several locations · what Averan does for franchise owners

The same business, other brands

Other brands in the Home and Commercial Services guide:

All 156 brands

Questions owners ask next

The figures above raise these, and each one is answered on its own page.

At what level of sales does a minimum fee stop costing me more than the percentage?It works out the sales level where a minimum fee stops applying.
How much cash do I fund before a new location covers its own costs?It builds a 13-week forecast for the months before break-even.
What does this location earn on the money I put into it?It works out the payback period and cash-on-cash return for one unit.
How much of Item 19 can I rely on?It explains what an Item 19 financial performance representation tells you and what it leaves out.

Scott Engler

Founder & Principal, Averan Advisors

Averan provides bookkeeping, controller, and fractional CFO support for franchise owners and has Certified QuickBooks ProAdvisors on the team. More about the team →

Where these figures come from

Every figure here comes from Spin Doctor Franchising, LLC’s 2026 FDD and is unaudited by us. We are unaffiliated with the brand. Calculations of our own are labeled where they appear. The figures describe past performance at other businesses and are not a projection of yours. This page is an educational summary. It is not an offer to sell a franchise, and it is not financial, legal or tax advice. Spin Doctor Laundromat is a trademark of its owner. How Averan reads a Franchise Disclosure Document.

These figures come from the brand's disclosure. They are not a forecast, an offer to sell a franchise or advice. Source: Spin Doctor Franchising, LLC, 2026 Franchise Disclosure Document, issued 22 May 2026.