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Updated RecentlySteam Brothers vs Best Options Restoration Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Steam Brothers vs Best Options Restoration 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 | $83,000 - $120,000 |
| Franchise Fee | $16,000 | N/A |
| Royalty Fee | 5-6.5% | - |
| Advertising Fee | - | - |
| Year Founded | 1977 | - |
| Year Franchised | 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 Best Options Restoration
When you consider the statistics, it becomes clear just how common and devastating damage to your home can be. According to DisasterSafety.org, National Fire Protection Association, and the Insurance Information Institute:
- 14,000 people in the US experience a water damage emergency at home or work each day
- 98% of basements in the US will suffer from some type of water damage during their lifetime
- The costs are just as staggering as the frequency. Water damage and mold cost the insurance industry $2.5 billion dollars per year
- The average cost of a home water damage insurance claim is $6,965
- 475,500 structure fires occur in the U.S. per year.
- Fires cause $7.9 billion in property damage per year.
- The United States experiences more tornadoes than any other country
- The average cost per claim for lighting damage is $7,571.9
- The estimated insured loss for hurricane damage is $2.9 billion