Steam365

Carpet cleaning
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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$66K - $200K
Units as of 2022
2 Increase 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 (2 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 Information Circle
$30,000
Initial Investment Information Circle
$65,792 - $199,750
Net Worth Requirement Information Circle
$100,000
Cash Requirement Information Circle
$50,000
Veteran Incentives Information Circle
10% off franchise fee
Royalty Fee Information Circle
8%
Ad Royalty Fee Information Circle
1%
Term of Agreement Information Circle
10 years
Is franchise term renewable? No
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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? Information Circle
No
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
No
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022