Question 1

How many Steamatic franchise locations are there?

Accepted Answer

Steamatic currently has 44 total units, including 41 franchised locations and 3 company-owned locations.

Question 2

Is the Steamatic franchise system growing or shrinking?

Accepted Answer

Steamatic has experienced positive net growth of +0.0% over the past year, with a 3-year compound annual growth rate (CAGR) of +1.6%.

Question 3

What is the franchise vs. company-owned ratio for Steamatic?

Accepted Answer

Steamatic has a franchise ratio of 93%, meaning 93% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Steamatic franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Steamatic had 4 units opened and 4 units closed.