- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$66K - $200K
- Units as of 2022
-
2 0.0% over 3 years
Company Overview
About Steam365
Industry | Maintenance |
---|---|
Related Categories | Carpet & Upholstery Services, Residential Cleaning, Commercial Cleaning |
Founded | 1996 |
Parent Company | Steam Pro Franchising LLC |
Leadership | Tony Parrow, COO |
Corporate Address |
2713 Sonic Dr. Virginia Beach, VA 23453 |
Business Overview
Franchising Since | 2022 (3 years) |
---|---|
# of employees at HQ | 30 |
Where seeking |
This company is offering new franchises throughout the US. |
# of Units | 2 (as of 2022) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Steam365 franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$30,000 |
---|---|
Initial Investment
|
$65,792 - $199,750 |
Net Worth Requirement
|
$100,000 |
Cash Requirement
|
$50,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
8% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
10 years |
Is franchise term renewable? | No |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 26 hours |
---|---|
Classroom Training | 57 hours |
Ongoing Support |
Purchasing Co-ops
|
Marketing Support |
Co-op Advertising
Social Media
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
No |
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