SteamojiFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Steamoji franchise requires a total initial investment of $193K – $495K, including a $40K franchise fee and an ongoing 8.0% royalty[2]. Per the 2025 FDD, average unit revenue was $358K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $193K – $495K
- 17th pct Recreation & …
- Avg gross sales
- $358K
- 6th pct Recreation & …
- Royalty
- 8.0%
- 30th pct Recreation & …
- Units
- 2
- 7th pct Recreation & …
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Recreation & Entertainment · color = vs category peers
Green = >15% above Recreation & Entertainment 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
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
Bottom line
- Total investment $193K – $495K including a $40K franchise fee, 8.0% ongoing royalty.
- Average unit revenue of $358K/year (median $358K).
- Verdict A (Top Quintile) with a risk score of 40/100.
- 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
- Steamoji America Services, Inc.
- Parent company
- Steamoji, Inc.
- Incorporated in
- DE
- HQ
- 1167 Grant Street, Vancouver, BC V6A 2J7
- Auditor
- abip CPAs | Advisors
- Audited financials
- Franchisor revenue
- $32K
- vs $87K prior year
- ⚠ Going-concern note
- Disclosed in FDD 2025
- Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.
Overview
About
Steamoji franchisees operate steam cleaning and sanitization service businesses, likely providing commercial or residential cleaning solutions. Daily operations involve managing service calls, equipment maintenance, customer acquisition, and scheduling across their protected territory.
- CEO
- Henry Horkoff
- Founded
- 2019
- FDD year
- 2025
- States available
- 1
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $40K | $40K |
| Working capital (3–6 mo) | $5K | $50K |
| Equipment, build-out, other | $148K | $405K |
| Total initial investment | $193K | $495K |
Source: Steamoji 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$47K
13.0% margin
Unlevered ROIC
13%
EBITDA / total invested capital
Payback
8.0 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $193K – $495K
- Better than avg vs category
- Liquid capital req'd
- $5K – $50K
- Better than avg vs category
- Franchise fee
- $40K – $40K
- Better than avg vs category
- Royalty
- 8.0%
- Gross Sales · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 10.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 8.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $400 |
| Transfer fee | $20K |
| Renewal fee | $10K |
| Total fee load | 10.0% of rev |
Financial Performance
- Avg gross sales
- $358K
- Per unit, per year
- Median gross sales
- $358K
- Item 19 type
- Historical performance of 2 franchised academies
- Sample size
- 2 units
- vs category median 5 · small
- Range (low → high)
- $347K→$369K
- Cohort dispersion (min → max)
- Transparency
- 4 / 5
- vs category median 4 / 5 · typical
Compared against 176 Recreation & Entertainment brands
vs Recreation & Entertainment averages
How Steamoji Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 2
- Opened
- 1
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Multi-unit owners
- 1.0%
- Net growth (yr3)
- +100.0%
- Net unit change last year
3-year detail · Item 20
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 1 state reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
1
states with franchisees (per FDD Item 12)
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 1 7(a) loan on file; statistical reliability is limited below 10 loans.
- Total loans
- 1
- Loan volume
- $190K
- Median loan
- $190K
- 50th percentile
- Charge-off rate
- 0.0%
- 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)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 1
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Steamoji's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 1 lenders with concentration factor
- Per-state charge-off rates across 1 states
- Startup risk premium and job creation velocity
- 1-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Steamoji is an extremely early-stage franchise with only 2 units, undisclosed profitability, aggressive royalty structure, and franchisor going concern issues—significantly elevated risk despite protected territory.
Audited financials (Item 21)
Yes · abip CPAs | Advisors⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 40 / 100 rating
- 01MINOROnly 2 units in system with 100% YoY growth indicates extremely early stage/unproven concept with high failure risk
- 02MEDNet income not disclosed in Item 19 prevents accurate ROI validation and profitability assessment
- 03MINORHigh investment range ($193K-$495K) coupled with unproven unit economics creates significant financial risk
- 04MINORRoyalty structure based on gross sales PLUS payment processing costs is unusually aggressive and reduces net margins
- 05HIGHGoing concern status suggests potential financial/operational instability at franchisor level
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 | 5 years |
|---|---|
| Renewal term | 7 years |
| Allowed renewalsℹ | 1 |
| Territory type | Demographic-based geographic area |
| Protected territory | Yes |
| Online sales rights | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 7 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Nevada |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- Classroom training
- 40 hrs
- On-the-job training
- 0 hrs
- POS system
- QuickBooks Online and Stripe
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: QuickBooks Online and Stripe
Item 20 · call current owners
Franchisee Contacts
3 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Steamoji · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Steamoji franchise?
The total investment to open a Steamoji franchise ranges from $193K – $495K, 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 Steamoji franchise owners earn?
According to Item 19 of the Steamoji FDD, the average gross sales per unit is $358K. The median is $358K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Steamoji's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Steamoji (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Steamoji franchise locations are there?
As of their most recent FDD filing, Steamoji has 2 total units in the United States, including 1 franchised units and 0 company-owned units. 1 new units were opened in the latest reporting year.
Is Steamoji a good franchise to buy?
FranchiseVerdict rates Steamoji as a A-grade franchise with a risk score of 40 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.