Steam Brothers vs SealMaster Franchise Comparison

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

Start-Up Costs and Fees
 
Steam Brothers Franchise
SealMaster Franchise
Investment $22,000 - $53,500$579,800 - $924,500
Franchise Fee $16,000$35,000
Royalty Fee 5-6.5%5%
Advertising Fee -1.5%
Year Founded 19771969
Year Franchised 19841991
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $1K-


Business Experience Requirements
 
Steam Brothers Franchise
SealMaster Franchise
Experience -
  • Sales experience
    		•

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

    Training & Support
     
    Steam Brothers Franchise
    SealMaster Franchise
    Training -You and your designated manager (if any) and up to three employees will participate in an initial training and familiarization course of one to two weeks in duration. You’ll learn SealMaster® manufacturing, sales and marketing techniques, financial controls and other administrative and operational aspects of the SealMaster® business. In addition, a SealMaster® field representative will provide additional assistance at your location to help you get started.
    Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluationsNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Ad slicksCo-op advertising, Ad slicks, National media
    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)

    		 8% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Steam Brothers Franchise
    SealMaster Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion NoYes

    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 SealMaster

    Since 1969, SealMaster locations have been providing contractors with the supplies and equipment necessary to repair pavement. Franchises in the Sandusky, Ohio-based chain manufacture and sell pavement sealers on site. SealMaster also sells concrete products, sport surfacing, traffic paints, tanks, trailers, machines, pumps and other tools. SealMaster locations hold training seminars for contractors and others who are interested in learning more about pavement maintenance.

    The total investment necessary to begin operation of a franchised business is $579,800 to $924,500. This includes $420,000 to $585,000 that must be paid to the franchisor or their affiliate. If you are a conversion franchisee, the total investment necessary to begin operation of a franchised business is $64,300 to $651,000. This includes $60,000 to $425,000 that must be paid to the franchisor or their affiliate.

    Veteran Incentives  $10,000 off franchise fee

    #292 in Franchise 500 for 2021.  Not in Franchise 500 for 2020.