Steamatic
Cherry Franchise Broker
Total investment:
$ 74,590
Franchise fee:
$ 42,000
Royalty fee:
5%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1948
Franchise since: 1967
Company owned units:
Franchise owned units: 170
Total number of units:
Number of employees per unit: 6-10
Contract period: 60 month
FRANCHISE ONLINE
WEBSITESteamatic has been providing a variety of much-needed services: fire and water damage restoration, mold remediation, air duct cleaning, commercial building drying, carpet cleaning, and tile and hard surface cleaning. The company began with the partnership of two progressive Fort Worth, Texas, businessmen and best friends Bill Blackmon and Scott Mooring in 1968. They also provides franchise opportunities. As of 2018, the company operates 64 franchises in the United States and 108 ones outside the country.
On-The-Job Training: 17 hours
Classroom Training: 63 hours
Additional Training: At regional training centers
Net-worth Requirement: $500,000
Liquid Cash Requirement: $70,000
Cherry Franchise Broker
Languages: 
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