FranchiseVerdict
Steri-Clean logo
FV-02452·STRONGExcellent86

Steri-Clean

OtherFranchising since 2014Website
Investment
$89K – $266K
29th pct Other
Avg revenue
50th pct Other
Royalty
Units
55
66th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $89K – $266K including a $60K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated STRONG with a risk score of 54/100. SBA loan default rate of 0.0% across 11 loans (below the industry average).
  • System growing at 120.0% CAGR over 3 years with 55 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Steri-Clean, Inc.
Incorporated in
Idaho
HQ
3940 Woodside Blvd, Hailey, ID 83333
Auditor
CliftonLarsonAllen LLP
Audited financials
Franchisor revenue
$1.6M
vs $2.3M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Steri-Clean unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $89K–$266K
Working capital
$
FDD reports $10K–$65K

Unlevered ROIC · per unit

49%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$105K
EBITDA margin
14.0%
Total invested
$215K
Payback
25 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Steri-Clean franchisees operate biohazard and crime scene cleanup services, including bloodborne pathogen remediation, hoarding cleanup, and post-mortem property restoration. Franchisees manage client acquisition, team scheduling, compliance with hazmat regulations, and direct service delivery or subcontracting in their protected territory.

CEO
Cory Chalmers
Founded
2016
FDD year
2026
States available
23

Item 7 · what it costs

The Vitals

Total investment
$89K – $266K
All-in to open one unit
Liquid capital
$10K – $65K
Cash you must have on hand
Franchise fee
$60K
Royalty
The greater of: (a) 8% of Gross Revenue if weekly sales d…
Ad fund
3.0%
typical 3–5%
Total fee load
11.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
55
Opened
13
Last reporting year
Closed
4
Turnover rate
7.3%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+19.6%
Net unit change last year
3-yr CAGR
+120.0%
Compounded over last 3 years
2024
55+9
Franchised units
2025
46
Franchised units
2026
25
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 29 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 29 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
11
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

54
Risk · 0-100
STRONG54 / 100

Steri-Clean presents elevated risk due to absent financial disclosures, recurring franchisor litigation including active fraud allegations, opaque royalty mechanics, and insufficient unit maturity to validate business model viability.

Score breakdown · what drove the 54 / 100 rating

  1. 01MINORNo Item 19 financial disclosures (avg revenue/net income) prevents ROI validation on $88.8K-$265.6K investment
  2. 02HIGHSix documented litigations including active fraud/misrepresentation arbitration and prior wrongful termination claims indicate systemic franchisor-franchisee disputes
  3. 03MINORAggressive tiered royalty structure (8% down to 6%) with $200 weekly minimum creates unpredictable expense ratios; franchisees under $8K weekly sales pay disproportionate percentage
  4. 04MINOR19.6% YoY unit growth masks small absolute base (55 units); insufficient data to confirm sustainability or rule out churn
  5. 05MEDHigh franchise fee ($60K) combined with wide investment range ($88.8K-$265.6K) suggests significant variable startup costs with no disclosed break-even timeline
  6. 06HIGHLitigation pattern includes trademark infringement and breach of contract claims, raising questions about franchisor operational competency and legal clarity

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Population-based
Protected territory
Yes
Initial term
5 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
6
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Idaho

Item 11

Training & Operations

Classroom training
49 hrs
On-the-job training
45 hrs
POS system
CleanNet
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

46 numbers

Locked
(608) 266-••••
WI
(817) 235-••••
TX
(651) 539-••••
MN

One-time purchase · CSV download · Validation questions included

FDD download

Steri-Clean · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above