SteamaticFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Steamatic franchise requires a total initial investment of $222K – $445K, including a $40K franchise fee and an ongoing 8.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). SBA 7(a) loans show a 23.3% charge-off rate across 43 loans[1]. Verdict grade: F. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $222K – $445K
- 73rd pct Cleaning & Ma…
- Avg gross sales
- N/A
- 56th pct Cleaning & Ma…
- Royalty
- 8.0%
- 39th pct Cleaning & Ma…
- Units
- 41
- 38th pct Cleaning & Ma…
- SBA default
- 23.3%
- system-wide median varies by category
Quick verdict · Cleaning & Maintenance · color = vs category peers
Green = >15% above Cleaning & Maintenance avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
23.3% of SBA loans charged off across 43 loans, above the 16% franchise average.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
Bottom line
- Total investment $222K – $445K including a $40K franchise fee, 8.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict F (Bottom Quintile) with a risk score of 78/100. SBA loan charge-off rate of 23.3% across 43 loans (well above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- Auditor disclosed a going-concern note, which flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Steamatic, LLC
- Parent company
- Steamatic Holdings, LLC
- Predecessor
- Steamatic
- Prior franchisor entity
- Incorporated in
- FL
- HQ
- 4320 Marsh Ridge Rd, Suite 190, Carrollton, TX 75010
- Auditor
- Kezos & Dunlavy
- Audited financials
- Franchisor revenue
- $1.7M
- vs $4.0M prior year
- ⚠ Going-concern note
- Disclosed in FDD 2025
- Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.
Independent franchisee associations
- Franchise Advisory Council (FAC)
Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.
Affiliated brands
- JLG Florida
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Steamatic franchisees operate carpet, upholstery, and water damage restoration services, providing commercial and residential cleaning and restoration work. Day-to-day operations include customer acquisition, job scheduling, managing field technicians, equipment maintenance, and fulfilling restoration contracts in their protected territory.
- CEO
- Brent Adamczyk
- Headquarters
- TX
- Founded
- 2018
- FDD year
- 2025
- States available
- 23
FDD Item 7 · 2025 filing · 16 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $40K | $70K | |
| Franchise Startup Feenot refundable | $5K | $5K | |
| Training Expenses | $2K | $3K | |
| Insurance | $2K | $3K | |
| Franchise Equipment Packagenot refundable | $61K | $84K | |
| Franchise Equipment Package Shipping Expensesnot refundable | $2K | $8K | |
| Optional HVAC Equipment Packagenot refundable | $7K | $11K | |
| Franchise Equipment Package Installation | $3K | $6K | |
| Vehicle wrap and installation | $3K | $8K | |
| Vehicle | $10K | $75K | |
| Storage | $0 | $600 | |
| Computer System | $3K | $5K | |
| Software License Fee | $2K | $3K | |
| Miscellaneous Expenses | $9K | $14K | |
| Additional Funds - 3 Months | $75K | $150K | |
| Initial Franchise Fee (Conversion)not refundable | $20K | $70K | |
| Total initial investment | $242K | $515K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $222K – $445K
- Below avg, review vs category
- Liquid capital req'd
- $75K – $150K
- Below avg, review vs category
- Franchise fee
- $40K – $70K
- Better than avg vs category
- Royalty
- 8.0%
- percentage_of_gross · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 3.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 8.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Transfer fee | $12K |
| Renewal fee | $5K |
| Total fee load | 3.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Cleaning & Maintenance averages
How Steamatic Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 41
- Opened
- 4
- Last reporting year
- Closed
- 4
- Terminated
- 4
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 4
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 3
- Corporate units in the system
- % franchised
- 93%
- vs corporate-owned
- Net growth (yr3)
- +0.0%
- Net unit change last year
- 3-yr CAGR
- +0.0%
- Compounded over last 3 years
3-year detail · Item 20
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Continuity rate
- 91.1%
- Units that stayed open
- Termination rate
- 19.5%
- Franchisor-initiated terminations
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 24 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 43
- Loan volume
- $8.6M
- Median loan
- $70K
- 50th percentile
- Charge-off rate
- 23.3%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 53.8%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 21
- Defaults
- 7
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Steamatic's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 7 states
- Startup risk premium and job creation velocity
- 9-year lending trend
- SBA 504 real estate/equipment data
Instant access. No subscription.
A 23.3% charge-off rate means roughly 1 in 4 franchisees failed to repay their SBA loan. Investigate what changed.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Litigation history involving fraud allegations, absence of financial transparency, stagnant unit growth, and franchisor going concern status create substantial execution and financial risk.
Litigation (Item 3)
0 case reference(s): 0 pending, 1 settled.
Largest disclosed settlement: $1
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Kezos & Dunlavy⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: No
Score breakdown · what drove the 78 / 100 rating
- 01HIGHSignificant litigation involving $1.14M settlement for breach of contract, fraud, and fraudulent inducement claims raises questions about franchisor integrity and disclosure practices
- 02MINORNo Item 19 financial performance disclosure (Avg Revenue and Net Income not provided) makes it impossible to validate ROI on $222K-$444K investment and assess profitability benchmarks
- 03MINOROnly 44 franchise units with unknown growth trajectory suggests either mature declining system or struggling brand unable to attract new franchisees
- 04MINORWide royalty range (1%-8%) with no clarity on triggers/escalation creates unpredictable cost structure and potential for earnings compression
- 05HIGHGoing concern status indicates potential financial instability at franchisor level, threatening support infrastructure and system viability
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 3 |
| Territory type | Geographic area based on population |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 2 |
| Curable defaultsℹ | 1 |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Texas |
| Litigation count | 1 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 1 settled.
Items 10, 11
Training & Operations
- Classroom training
- 79 hrs
- On-the-job training
- 33 hrs
- Training location
- On-site and off-site
- Franchisor financing
- Offered
- Item 10
- POS system
- Xactimate, DASH, QuickBooks, and Mitigate
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Xactimate, DASH, QuickBooks, and Mitigate
Item 20 · call current owners
Franchisee Contacts
40 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Steamatic · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Steamatic franchise?
The total investment to open a Steamatic franchise ranges from $222K – $445K, with an initial franchise fee of $40K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Steamatic franchise owners earn?
Steamatic does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Steamatic's franchise failure rate?
Based on SBA 7(a) loan data, Steamatic has a charge-off rate of 23.3% across 43 loans, meaning 23.3% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Steamatic franchise locations are there?
As of their most recent FDD filing, Steamatic has 41 total units in the United States, including 41 franchised units and 3 company-owned units. 4 new units were opened in the latest reporting year.
Is Steamatic a good franchise to buy?
FranchiseVerdict rates Steamatic as a F-grade franchise with a risk score of 78 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.