Steam Brothers vs Service Team of Professionals Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Steam Brothers vs Service Team of Professionals including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Steam Brothers Franchise
Service Team of Professionals Franchise
Investment $22,000 - $53,500$48,000 - $144,500
Franchise Fee $16,000$48,000
Royalty Fee 5-6.5%5-9%
Advertising Fee --
Year Founded 19771971
Year Franchised 19841996
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $1K-


Business Experience Requirements
 
Steam Brothers Franchise
Service Team of Professionals Franchise
Experience -
  • Aptitude for management, ability to follow directions
    		•

    Financing Options
     
    Steam Brothers Franchise
    Service Team of Professionals Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support
     
    Steam Brothers Franchise
    Service Team of Professionals Franchise
    Training - On-The-Job Training: 32 hours Classroom Training: 124 hours Additional Training: Training conventions
    Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluationsPurchasing Co-ops Meetings/Conventions Toll-Free Line Online Support Field Operations Site Selection Proprietary Software
    Marketing Ad slicksCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
    Operations 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)

    		 Franchise can be run from home.

    5% of all franchisees own more than one unit

    - 10

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Steam Brothers Franchise
    Service Team of Professionals Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Steam Brothers

    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.

    About Service Team of Professionals

    Service Team of Professionals (STOP) was founded in 1971 by Mack Clark, a former employee with General Dynamics, Honeywell and BF Goodrich. STOP franchisees specialize in fire, smoke and water damage cleanup and restoration, deodorizing, and carpet and furniture repair.

    The total investment necessary to begin operation of a STOP franchise business ranges from $48,000 (for an existing cleaning company not requiring a work vehicle, additional equipment nor certain training that we require each franchisee to have) or from $83,700 to a high investment range of $144,500 for both start-up and existing companies. This includes $80,000 to $82,000 that must be paid to the franchisor or their affiliates.

    #122 on Entrepreneur's ranking of the top 150 franchises offering incentives and other programs to help veterans become franchisees
    Veteran Incentives  10% off franchise fee