Steamatic FDD Summary
Type of Business
Steamatic grants franchises to use Steamatic Technology to perform Steamatic Services including catastrophe restoration and cleaning services to both structure and contents, residential and commercial carpet, hard surface, window coverings and furniture cleaning, and other retail cleaning services such as cleaning of air ducts and ventilation systems. Steamatic offers multiple levels of franchises depending on the size of the territory, the equipment required and the Steamatic Services to be provided.
Corporate Information
Steamatic Inc. is a Texas corporation that was originally incorporated on June 26, 1967. Steamatic maintains its principal place of business at 3333 Quorum Drive, Suite 280, Fort Worth, Texas 76137. Steamatic and its predecessor have offered franchises since approximately 1979.
Investment
The total investment necessary to begin operation of a Steamatic franchise ranges from $74,440.00 for a small market franchise located in a territory with a population of 75,000 or less, to $173,490.00 for a territory with a population of up to 200,000. This includes an amount that must be paid to the franchisor or its affiliate(s), ranging from $59,900.00 for a small market territory containing a population of 75,000 or less, to $86,900.00 for a territory containing a population of up to 200,000. For territories with populations in excess of 200,000, the total investment increases by $200 per 1,000, all of which must be paid to the franchisor or its affiliate(s).