| ||||
Updated RecentlySteam Brothers vs Wise Cracks Restorations Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Steam Brothers vs Wise Cracks Restorations including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $22,000 - $53,500 | $67,000 - $164,000 |
| Franchise Fee | $16,000 | $25,000 |
| Royalty Fee | 5-6.5% | - |
| Advertising Fee | - | - |
| Year Founded | 1977 | 1991 |
| Year Franchised | 1984 | 1993 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $1K | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| 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 |
||
| 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 |
||
| 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 Wise Cracks Restorations
Wise Cracks is proud to be a Canadian Franchise System utilizing Canadian products for the repair of foundations, floors, cisterns and general concrete reparation. Wise Cracks' methods are so effective, that Wise Cracks Franchisees are able to offer a lifetime warranty to their clients on completed repairs. As a franchise, Wise Cracks offers a turn key business package, with superb training and ongoing support systems in place, as well as excellent products and comprehensive technical expertise. Wise Cracks has key locations available across Canada. Since a chain is only as strong as its links; Wise Cracks is committed to supporting you every step of the way. If you are a motivated and ethical individual, looking to invest in a solid business of your own, please contact us today for more details to learn more about this WISE investment opportunity.
Wise Cracks® provides a much needed service to property owners. Wise
Cracks is the most trusted basement repair company in Canada.