Steam Brothers vs ReNew Refinishing Franchise Comparison

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

Start-Up Costs and Fees

 
Steam Brothers Franchise
ReNew Refinishing Franchise
Investment $22,000 - $53,500N/A
Franchise Fee $16,000N/A
Royalty Fee 5-6.5%-
Advertising Fee --
Year Founded 19772006
Year Franchised 1984-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1K-


Business Experience Requirements

 
Steam Brothers Franchise
ReNew Refinishing Franchise
Experience --

Financing Options

 
Steam Brothers Franchise
ReNew Refinishing Franchise
  In-House/3rd PartyIn-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

 
Steam Brothers Franchise
ReNew Refinishing Franchise
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)

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Expansion Plans

 
Steam Brothers Franchise
ReNew Refinishing Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion 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 ReNew Refinishing

Commercial Tub/Tile/Kitchen Refinishing.