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Updated RecentlySteam Brothers vs Everdry Waterproofing Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Steam Brothers vs Everdry Waterproofing 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 | $127,550 - $244,550 |
| Franchise Fee | $16,000 | $67,500 |
| Royalty Fee | 5-6.5% | 6% |
| Advertising Fee | - | - |
| Year Founded | 1977 | 1978 |
| Year Franchised | 1984 | 1984 |
| 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 | - |
| 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 Everdry Waterproofing
!["Everdry]("https://fddexchange.com/wp-content/uploads/2020/02/Everdry-Marketing-and-Management.png")
The first Everdry Waterproofing franchise opened in 1983 in
Cincinnati. Since then, Everdry contractors have expanded across the
Midwest and southeastern states and have serviced over 80,000 basements,
crawl spaces and slab homes - making them one of the nation's premier
foundation repair contractors.
These contractors take a one-on-one approach with their customers and
custom tailor solutions based on each homeowner's needs. From simple
solutions to more complex problems, they have the tools to analyze it
and provide the homeowner with the options to resolve it for the long
term.
Everdry locations take an active role in bettering the waterproofing
and foundation repair industries. New products and services are an
ongoing part of the Everdry philosophy, which has resulted in numerous
patents, trademarks and copyrights on the products and services
available. Everdry locations have been featured on HGTV and radio
programs, and also seek to give back to the communities in which they
live.