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Steamatic Inc.

2012 Franchise 500
#231
At a Glance

Products & Services: Cleaning services, disaster recovery service, insurance restoration, mold remediation

Number of Locations: 359

Total Investment: $60.92K - 193.42K

Founded: 1948

Began Franchising: 1967

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2011 257 60 42 0
2010 270 60 42 0
2009 272 60 42 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $60,920 - $193,419
Franchise Fee: $5,000 - $40,000
Ongoing Royalty Fee: 5-8%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $75,000
Liquid Cash Available: $25,000
Operations
Franchise can be run from home. 10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6 - 10. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At regional training centers : 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Ad slicks,
Other marketing support: National account marketing

Franchise Ranking History

Franchise 500®: #231 (2012), #189 (2011), #146 (2010), #272 (2008),
Top Homebased: #66 (2012), #54 (2011), #40 (2010), #72 (2008),
America's Top Global: #181 (2012), #150 (2011), #116 (2010),

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