Question 1

How much do Speed Queen franchise owners make?

Accepted Answer

According to the Speed Queen Franchise Disclosure Document (Item 19), the average gross sales for reporting units is $570K. The median gross sales is $544K. Actual earnings vary by location, market, and operational factors.

Question 2

Does Speed Queen have an Item 19 financial performance representation?

Accepted Answer

Yes, Speed Queen includes an Item 19 financial performance representation in their FDD. The data is historic-based.

Question 3

What is Speed Queen's average revenue per location?

Accepted Answer

The average gross sales per Speed Queen franchise location is $570K based on their FDD Item 19 disclosure.