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Updated RecentlySteam Brothers vs EXOVATIONS Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Steam Brothers vs EXOVATIONS including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $22,000 - $53,500 | $93,050 - $158,750 |
| Franchise Fee | $16,000 | $35,000 |
| Royalty Fee | 5-6.5% | 5% |
| Advertising Fee | - | 1% |
| Year Founded | 1977 | 1996 |
| Year Franchised | 1984 | 2006 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $1K | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | - |
| Marketing | Ad slicks | - |
| 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) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | No | No |
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 EXOVATIONS
EXOVATIONS solves homeowners' exterior remodeling needs with creative solutions combining curb appeal with durability. EXOVATIONS uses materials that are no or low maintenance and come with excellent warranties. In other words, EXOVATIONS create exteriors for looks and for life. By focusing our business solely on home exteriors, EXOVATIONS stays true to our strength, skill, value, and our brand.
Unlike many other replacement contractors, our sales process is informative and consultative, not the high-pressure, one-call close approach. We find that the more educated and informed our customers are, the smoother the project runs and the more likely we are to gain repeat and referral business.
That is why we say that we're changing home exteriors. We change the look of the home and the way business is conducted in our industry.