FAQ — Good Franchises to Own & Best Franchises to Own with Low Investment
Frequently Asked Questions
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What are the qualifications for a franchise?
We look for goal driven individuals with the desire to build a business and focus on their customers. We are here to teach you everything you would require to be a successful business owner.
What training will I receive?
Our training prepares you to provide services in a variety of fields and to certify your technicians. Unlike many water damage restoration franchises, we deliver comprehensive instruction in all aspects of restoration — including water, fire, and mold remediation — supported by a team of experienced experts and guiding you toward IICRC certification. As pioneers of many cleaning practices still used today—such as carpet, rug, and hard surface cleaning—we also specialize in HVAC and air duct services.
How do you define territories?
A Steamatic territory is defined on a case-by-case basis based on key indicators to set our owners up for success in their given market.
Do I need an office?
Most of our owners start out as a “home-based business” and we work with our franchisees as they scale their business to expand into a location as needed.
What are my start-up costs?
A Steamatic franchise ranks among the best franchises to own with low investment, and this start up cost will vary dependent on your territory selection and equipment. You will need access to at least $30k for start-up costs.
How do I finance the business and is financing available?
At Steamatic, we maintain strategic partnerships with specialized third-party financing firms to support your franchise investment. Whether through SBA lending or 401(k) funding solutions, we connect you with experienced professionals to identify the most suitable option for your individual financial objectives.
How much do franchise owners make?
Earnings vary considerably based on territory, how aggressively you scale, and whether you stay owner-operated or build a team. We don’t publish averages here, because the only figures that should inform your decision are the ones disclosed in our Franchise Disclosure Document. Request the FDD and we’ll walk you through it alongside our financing partners.
Can franchisees buy more than one franchise?
Yes. Our goal is to help you build and scale your business to the level you desire.
Do I need experience?
We train and coach you to build a successful business. Good franchises to own don’t require you to already know the trade — restoration industry experience is not required!