2021 Franchise 500 Rank
N/R Ranked #194 last year
See the Full List
Initial investment
$114K - $196K
Units as of 2019
184 4.5% 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 LLC

Industry
Maintenance
Founded
1948
Parent Company
Johns Lyng Group
Leadership
,
Ticker Symbol
ASX: JLG

Franchising Overview

Franchising Since
1967 (54 years)
# of employees at HQ
12
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
184 (as of 2019)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
100 Lexington St., #50
Fort Worth, TX 76102

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Steamatic LLC 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
$50,000
Initial Investment
$114,411 - $195,561
Net Worth Requirement
$500,000
Cash Requirement
$70,000
Veteran Incentives
25% off franchise fee
Royalty Fee
8-2%
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 LLC 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
17 hours
Classroom Training
65 hours
Additional Training
At regional training centers
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
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

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
Are exclusive territories available?
Yes

Franchise 500 Ranking History

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

Additional Rankings

Curious to know where Steamatic LLC ranked on other franchise lists? Find out below.

Ranked #51

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021