Steam Brothers Franchise

Furnace air duct, water, smoke and fire restoration and cleaning services

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After 16 years in the supermarket business, Adam Leier was looking for a way to go into business for himself. He purchased Steam Brothers, an existing cleaning business, in 1977 and began franchising in 1984. Steam Brothers has locations throughout the Midwest and is based in Bismarck, North Dakota.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Steam Brothers, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Steam Brothers website.

How much does it cost to open a Steam Brothers Franchise ?

The investment required to open a Steam Brothers Franchise is between $22,000 - $53,500 . There is an initial franchise fee of $16,000 which grants you the license to run a business under the Steam Brothers name.

Individual Franchise Costs

  • Initial Investment:
    $22,000 -
  • Initial Franchise Fee:
    $16,000
  • Royalty Fee:
    5-6.5%
  • Term of Agreement:
    10 years
  • Renewal Fee:
    $1K

Expense In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Third Party Financing Source(s):
leasing company

Support
Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations

Marketing
Ad slicks

Steam Brothers Growth History

When did the first Steam Brothers open? 1977
When did Steam Brothers start Franchising ? 1984

Year U.S.A. Canada International Corporate
2005 24 0 0 0
2004 24 0 0 0
2003 24 0 0 0
2002 24 0 0 0
2001 22 0 0 0

Franchise can be run from home. 2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Mid West,



How much does a Steam Brothers Franchise owner make?

How much money you could make as a Steam Brothers Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Steam Brothers Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$16,000 - $53,500
Initial Franchise Fee
$16,000
Royalty Fee
5-6.5%
Term of Agreement
10 years
Renewal Fee
$1K
Steam Brothers Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Steam Brothers and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Steam Brothers franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.