Steamatic

Item 7 details a substantial upfront commitment: total initial investment spans $222,400 to $444,690 for a mobile operation serving fire, flood, and mold victims with catastrophe restoration, cleaning, and air quality services. The $40,000 franchise fee buys into single-unit or conversion models, backed by headquarters in Carrollton, TX. Ongoing fees include an 8% royalty that tiers down to 2% as annual revenue hits milestones, plus a flat 2% brand fund—potentially easing the load for high performers but starting steep at 10% total on lower volumes.

System metrics paint a mixed picture: 41 franchise locations plus 3 corporate, but a -3% dip from 37 to 36 units between 2023-2024, alongside 4 terminations, suggests churn in this specialized field. No Item 19 means no disclosed earnings, forcing reliance on external signals like 10 SBA loans averaging $184,490—indicating viable financing but modest scale. For hands-on operators eyeing urgent-service demand, Steamatic's longevity and tech edge could pay off, yet the contraction and absent revenue data demand scrutinizing local markets and conversions before committing.