Steam Brothers vs HOCOA Franchise Comparison

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

Start-Up Costs and Fees

 
Steam Brothers Franchise
HOCOA Franchise
Investment $22,000 - $53,500$101,000 - And Up
Franchise Fee $16,000$25,900
Royalty Fee 5-6.5%-
Advertising Fee --
Year Founded 19771994
Year Franchised 19841999
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1K-


Business Experience Requirements

 
Steam Brothers Franchise
HOCOA Franchise
Experience --

Financing Options

 
Steam Brothers Franchise
HOCOA 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
HOCOA 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
HOCOA Franchise
US Expansion YesYes
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 HOCOA

The Hocoa Franchise Opportunity is perfect for an entrepreneur that wants financial independence without a storefront or inventory. We are a home repair network for homeowners and contractors. You will get complete training, operations manual, marketing plan, artwork and custom management software. HOCOA has been in operation since 1994. Our franchises span from the west to the east coast. Franchise cost includes: *Computer Software Package, custom designed for the operation of HOCOA: *Specified Territory *Marketing Plan *Computer Training Manual *Operations Manual *Artwork and use of Recognized Logo *Support Services *Training Seminar