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Below is an in-depth analysis and side-by-side comparison of Steam Brothers vs Spaulding Decon 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 | $122,700 - $139,200 |
Franchise Fee | $16,000 | $45,000 |
Royalty Fee | 5-6.5% | 8% |
Advertising Fee | - | 3% |
Year Founded | 1977 | 2005 |
Year Franchised | 1984 | 2015 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $1K | - |
Business Experience Requirements |
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Experience | - | All you need is a positive attitude and a go-getter mindset to become one of our franchisees. Net-worth Requirement $250,000 Liquid Cash Requirement $50,000 |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | On-The-Job Training: 24 hours Classroom Training: 45 hours Additional Training: Online training |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Ad slicks | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
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) | Absentee Ownership Allowed Number of Employees Required to Run: 3 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
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.