Help People Recover from Disaster with Steamatic Franchise
Restoration and cleaning is a growing and rewarding industry that puts people first
No one goes into business without aiming to make money. The potential for significant return on investment is a huge reason that the restoration and cleaning franchise industry is so attractive for prospective entrepreneurs. At the same time, however, it’s immensely satisfying to know that the business you operate is making a positive impact on people’s lives even as it helps you realize your entrepreneurial dreams.
With Steamatic franchise, you get all of these benefits and more.
At Steamatic, we’ve built our business on being there to lend a helping hand to people in their times of greatest needs. Our founders were instrumental in helping Fort Worth, Texas, recover from a major flood only a year after opening the company that would become Steamatic. Today, we continue this commitment to serving local communities, whether it’s with everyday services like carpet cleaning or a major restoration job after a fire.
Since 1968, Steamatic has been the pioneer restoration and cleaning franchise, providing residential and commercial restoration solutions for water, fire and mold damage around the world. We have a unique hub-and-spoke business model; in addition to restoration, Steamatic also cleans HVAC systems and air ducts, carpets, rugs, furniture, draperies and hard surfaces like stone, tile, hardwoods and countertops. By putting control of your business in your hands, Steamatic frees you to get out and develop the relationships that lead to a thriving, $1-million-plus business.
“Steamatic knows that community relationships are at the heart of any successful business,” says Bill Helton, Steamatic Franchise Development Director. “We work with franchisees who are engaged members of their communities, people who understand that each job is so much more than just a business transaction — it’s the key to getting people’s homes and businesses back to their best possible state.”
Steamatic helps people put their lives back together
At Steamatic, we believe in treating people right. Although we enjoy the high margins and direct payment that restoration work offers, helping people is at the core of what we do. Ask any Steamatic franchise owner what they love about the business, and they’ll tell you it’s the opportunity to help someone. Making money is important, but the purpose of our business propels our owners.
Insurance companies rush to repair homes that have been damaged by flooding or fire and smoke — from their perspective, repairing a home is nearly always less expensive than replacing it. Their pricing structure and emphasis on speed create high margins for restoration companies. High-margin businesses attract lots of entrepreneurs, and it can be easy to lose sight of the human element in the process. But behind every restoration job are people who are often having the worst day of their lives. Steamatic franchisees understand this, and they do everything they can to restore customers’ homes and businesses with the utmost speed and expertise.
“Franchisees need to have a helper mentality, to have empathy for those who have had a loss,” says Dan Thrush, Steamatic Director of Franchise Support. “Families and businesses need to know that Steamatic cares about that heirloom rug, and that we know how important it is that our customers’ homes and businesses be free of mold and safe for their children. We are in the business of helping people restore their lives and properties to a better condition. We go into someone’s house on a bad day and bring calmness in a chaotic situation.”
Restoration is a growing, multi-billion dollar industry
According to the Insurance Information Institute, property/casualty insurance industry catastrophic losses in the United States, including man-made disasters, totaled $12.9 billion in 2013, and Steamatic is well-positioned to grab a large share of the business that generates. We distinguish ourselves from our competitors with our proprietary management software and our iPad-based quoting tools, which allow franchisees to provide faster service, improve client communications, and generate new business.
Our hub-and-spoke business model has our restoration services as our main spokes of income, but our smaller spokes provide franchisees generous revenue streams regardless of whether there’s been a catastrophe in their territory. We clean carpets and rugs, HVAC systems and air ducts, furniture and draperies, and hard surfaces like stone, tile and hardwood. Invoices for cleaning services, whether removing debris from a hospital’s air ducts or cleaning carpets for a restaurant chain, can amount to thousands of dollars. In the long run, those jobs build trust with customers who someday may need us for restoration work.
With our specific franchise model and wide range of services, we’re equipped to capitalize on a range of restoration and cleaning requirements. For example, an average water loss job is about $3,000, according to Bill. But, he adds, they vary widely. A dishwasher leak might be a $1,500 cleanup job, followed by a $20,000 contract to dry out a commercial building after a flood. Whatever the nature of the job, there is always someone in need of restoration or cleaning services, which helps to keep revenues consistent in all economic climates.
Learn more about the Steamatic restoration and cleaning franchise
With an initial investment starting at just over $137,000 and an average annual revenue of just over $1.1 million per franchise, Steamatic is affordable to open and can provide a huge return on investment.
There’s never been a better time to join the Steamatic franchise family. Become part of an iconic brand that has been on the industry forefront for nearly 50 years. To learn more and to start a conversation, fill out a form to download our free franchise report or visit our research pages.