Question 1

Does Steamatic franchise offer exclusive territory?

Accepted Answer

Steamatic offers Protected territory protection to its franchisees. This means you have limited protection from nearby competition, though some restrictions may apply.

Question 2

What is the Steamatic franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Steamatic is 10 years. Franchisees may renew up to 3 times for 5-year periods. The total potential term is 25 years.

Question 3

What is the non-compete clause for Steamatic franchise?

Accepted Answer

The Steamatic franchise non-compete clause extends for 2 years within a 25-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Steamatic franchise?

Accepted Answer

Yes, Steamatic allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $12,000 applies.