Steamatic
Steamatic franchisees operate mobile businesses providing catastrophe restoration, cleaning, repair, indoor environmental and air quality services, and related maintenance using proprietary Steamatic technology. They serve commercial and residential customers affected by fires, floods, mold, and other damages. The franchisor offers single-unit franchises and conversion opportunities for existing similar businesses, targeting property owners needing urgent restoration and cleaning services.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
Tiered royalty (8% down to 2% of gross revenue based on annual revenue milestones) + 2% brand fund contribution.
Franchise Stats
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
How Steamatic Compares to Other Cleaning Services Franchises
Key Insights
- Higher investment than 86% of Cleaning Services franchises
- Higher than average SBA loan default rate in Cleaning Services
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Steamatic Current | $222K - $445K | $40K | 8.0% | 41 |
| THE MAIDS | $82K - $160K | $57K | 6.9% | 1,517 |
| THE MAIDS | $118K - $141K | $60K | 6.9% | 1,472 |
| Chem-Dry | $119K - $265K | $36K | 7.0% | 1,099 |
| MERRY MAIDS | $127K - $170K | $55K | 7.0% | 802 |
| OpenWorks | $4K - $134K | $25K | 15.0% | 615 |
Cleaning Services Average 72 franchises | $187K - $374K | $45K | 7.1% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 72 Cleaning Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+12 more states
SBA Loan History
Historical SBA 7(a) loan data for Steamatic franchisees (2016 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Steamatic franchise?
The total initial investment to open a Steamatic franchise ranges from $222,400 to $444,690. This includes a franchise fee of $40,000. Ongoing royalty fees are 8.0% of gross sales.
How many Steamatic franchise locations are there?
As of the 2025 FDD, Steamatic has 41 franchise locations. The company has been franchising since 1967.
Can you get an SBA loan for a Steamatic franchise?
Yes, SBA loans are available for Steamatic franchises. Historical data shows 10 SBA 7(a) loans have been approved for Steamatic franchisees, with an average loan amount of $184,490. The historical default rate is 0.0%.
Is Steamatic a good franchise to buy?
Steamatic shows several positive indicators: low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Steamatic?
Talk to a franchise advisor to get personalized guidance and learn if Steamatic is the right fit for you.
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