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SPEED QUEEN LAUNDRY REAL ESTATE & DEVELOPMENT

TENANT REPRESENTATION | CRE FOR SALE | CRE FOR LEASE | CONTACT

WELCOME TO THE REAL ESTATE AND DEVELOPMENT DEPARTMENT OF SPEED QUEEN LAUNDRY.

On this web site you will find information about our site selection criteria, our buildings and site layouts, and how to reach key members of our Real Estate Development Department. We also have excess properties for sale and/or lease from time to time, too. If you are looking for the Speed Queen consumer web site, please visit SpeedQueen.com.

THE INDUSTRY EXPERTS

Speed Queen Laundry is part of the Alliance Laundry Systems family, which is the largest manufacturer of commercial laundry equipment in the world.

With $1 billion in sales, Alliance is more than two times larger than the next competitor in the commercial laundry equipment space.

Through its lending arm, Alliance has helped its partners by providing over $2 billion in financing for over 11,000 stores.

Laundromats utilizing Speed Queen Financial Services have a 94% success rate.

A BETTER PLACE TO DO YOUR LAUNDRY

Speed Queen Laundry has completely redesigned the in-store laundry experience, providing new features and benefits both customers and owners can appreciate.

Bright, open design
Enhanced aesthetics
Increased safety
Kids’ area with secured iPads
Folding tables of varying heights
Family table with plugin ports
Live cameras record 24/7
Staffed 24/7
Safe room
Free Wi-Fi

TARGET LOCATION CRITERIA

IDEAL GEOGRAPHY (within 3-mile radius)

Population of 70,000 or more
Low-to-medium-income area

TARGET DEMOGRAPHICS (within 3-mile radius)

35% of more residents in radius are renters
40% or more residents in radius earn less than $50,000

STANDARD LOCATION REQUIREMENTS

600 Amp power
2″ Water line
6″ Sewer line

OPTIMAL LOCATION

End cap or freestanding building
3,500 to 5,500 sq ft
Highly visible location with good ingress/egress
Pylon or monument signage
Ample parking
Co-tenants, including grocery, dollar stores, pawn shops and auto parts stores

DEAL TERMS

Standard 10-year base lease with four 5-year options