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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$217K - $445K
Units as of 2024
133 Increase 0.8% over 3 years

Company Overview

Bill Blackmon and Scott Mooring started a carpet cleaning business in Fort Worth, Texas, in 1948. In 1967, they formed Steamatic in order to franchise their business model. Bill Sims bought the company in 2006. Services now include carpet cleaning, air duct cleaning, furniture and drapery cleaning and disaster restoration.

About Steamatic

Industry Maintenance
Related Categories Restoration Services, Miscellaneous Services, Carpet & Upholstery Services, Commercial Cleaning, Miscellaneous Maintenance Businesses, Cleaning/Restoration
Founded 1948
Parent Company Johns Lyng Group
Leadership Chad Rhoden, VP
Corporate Address 4320 Marsh Ridge Rd., #190
Carrollton, TX 75010
Social Facebook, LinkedIn, Instagram

Business Overview

Franchising Since 1967 (57 years)
# of employees at HQ 6
Where seeking

This company is offering new franchises throughout the US.

This company is offering new franchises worldwide.

# of Units 133 (as of 2024)

Information for Franchisees

Here's what you need to know if you're interested in opening a Steamatic 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
$40,000 - $70,000
Initial Investment Information Circle
$216,520 - $444,756
Net Worth Requirement Information Circle
$300,000
Cash Requirement Information Circle
$100,000
Veteran Incentives Information Circle
10% off franchise fee
Royalty Fee Information Circle
1%-8%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing Steamatic has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

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 33 hours
Classroom Training 79 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
# of employees required to run 6-10
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

Compare where Steamatic landed on this year's Franchise 500 Ranking versus previous years.

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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