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Steamatic Inc.
#389 Franchise 500| Insurance/disaster restoration, cleaning, mold remediation

About
Founded

1948

Franchising Since

1967 (51 Years)

Corporate Address

3333 Quorum Dr., #280
Fort Worth, TX 76137

CEO

Bill Sims

Financial Requirements
Initial Investment

$74,440 - $173,490

Net-worth Requirement

$200,000

Liquid Cash Requirement

$70,000

Ongoing Fees
Initial Franchise Fee

$15,000 - $42,000

Ongoing Royalty Fee

8-2%

Financing Options

Steamatic Inc. has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment

Veteran Incentives

25% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Ad Templates

Regional Advertising

Social media

SEO

Website development

Email marketing

On-The-Job Training:

17 hours

Classroom Training:

63 hours

Additional Training:

At regional training centers

Number of Employees Required to Run:

6 - 10

Steamatic Inc. is ranked #389 in the Franchise 500!
Bio
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.
Cost
Initial Investment: Low - $74,440 High - $173,490
Units
-3.4%-6 UNITS (1 Year) -5.0%-9 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: September 27th, 2017