Stanley Steemer Carpet Cleaner Franchise
Saturday, April 24, 2010 at 02:34PM Carpet and upholstery cleaning
Stanley Steemer International Inc. was founded by Jack A. Bates in 1947. In 1972, the company began offering Stanley Steemer Carpet Cleaner franchises, and in 1998, it introduced Stanley Steemer Duct Cleaning Service add-on licenses. The company has more than 240 locations throughout the United States and is based in Dublin, Ohio.
Start-up Costs & Franchises Fees
What is the total cost to open a Stanley Steemer Carpet Cleaner Franchises?
Total Cost: $90,440-$214,780
Total Franchise Fees: $20,000 USD
Ongoing Royalty Fees: 7%
Ongoing Advertising Fees:
Term of Agreement: 20 years
Contact Information for Stanley Steemer Carpet Cleaner
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Stanley Steemer Carpet Cleaner |
Phone Number: (614)764-2007 |
Historical Expansion
In what year did Stanley Steemer Carpet Cleaner begin operations? 1947
When did Stanley Steemer Carpet Cleaner begin selling franchises? 1972
Year United States Canada International Corporate 2005 234 0 0 51 2004 237 0 0 48 2003 239 0 0 40 2002 239 0 0 40 2001 237 0 0 42
Future Expansion
Countries of Interest: Canada,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee Yes Yes Initial Start-up Capital No No Plant, Property, and Equipment No Yes Inventory Yes No Accounts Receivable No No Payroll No No 3rd Party Financing Available? Financing Source(s): Bank One, Ford Motor Credit
Training & Support
Training
Various training offered throughout the year
Support
In the Pressletter, Meetings, Toll free phone number, Internet referrals, Safety and Security procedures
Marketing
Cooperative advertising, Ad slicks, National media
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.15% of all franchise business owners own more than one franchise location.
Number of employees needed to run franchised unit: 16
Absentee ownership of franchise is allowed. (95% of current franchise business owners are owner/operators)
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes