- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$216K - $431K
- Units as of 2023
-
133 0.0% over 3 years
Company Overview
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 | Brent Adamczyk, Managing Director |
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 | 12 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
# of Units | 133 (as of 2023) |
|
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
|
$40,000 - $70,000 |
---|---|
Initial Investment
|
$216,460 - $431,428 |
Net Worth Requirement
|
$300,000 |
Cash Requirement
|
$100,000 |
Veteran Incentives
|
25% off franchise fee |
Royalty Fee
|
1%-8% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
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 |
---|
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 | 70 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
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?
|
Yes |
Can this franchise be run part time?
|
No |
# of employees required to run | 6-10 |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Steamatic landed on this year's Franchise 500 Ranking versus previous years.
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