Steamatic Carpet Cleaning
The total investment to open a Steamatic Carpet Cleaning franchise ranges from $37,500 to $389,000. The initial franchise fee is $41,250. Ongoing royalties are 5% plus a 1% advertising fee.
What is the Steamatic Carpet Cleaning franchise?
Steamatic Carpet Cleaning is a franchise that cleans carpets and upholstered furniture for homeowners and commercial property managers. The estimated total initial investment is $37,500 to $389,000, and the initial franchise fee is $41,250, according to the 2025 Franchise Disclosure Document.
The royalty is 5 percent of sales, and the advertising or brand fund fee is 1 percent. The franchise agreement term is 15 years. Steamatic Carpet Cleaning is headquartered in IL and began franchising in 1991.
Loan Activity Score
42/100
SBA Default Rate
7.7%
Active Lenders
12
According to its Franchise Disclosure Document or public business records, Steamatic Carpet Cleaning has 14 locations, all owned by franchisees. Public SBA loan records show 12 lenders made 13 loans to franchisees of Steamatic Carpet Cleaning. PeerSense calculates Steamatic Carpet Cleaning's score as 42 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2025 Franchise Disclosure Document. To correct a figure, email the current FDD and the differing item numbers to info@peersense.com, and this page will be updated.
14 locations
$37,500 to $389,000
$41,250
14
14 franchised
Proprietary PeerSense metric
FairDistinct lenders in public SBA records for Steamatic Carpet Cleaning
13
Total SBA loans
$150K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Steamatic Carpet Cleaning
Loan Activity Score Breakdown
Growing (10 to 24 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
7.7%
vs 7.6% peer avg
SBA Loans
13
Total Volume
$1.9M
Active Lenders
12
1 selective
States
12
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Steamatic Carpet Cleaning based on SBA lending data
SBA Default Rate
7.7%
0.1% above peer avg
SBA Loan Volume
13 loans
Across 12 lenders
Lender Diversity
12 lenders
Avg 1.1 loans per lender
Investment Tier
Mid range investment
$37,500 to $389,000 total
Steamatic Carpet Cleaning: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
1995
5 approvals. The best year on record for Steamatic Carpet Cleaning.
Top SBA State
Indiana
2 SBA financed Steamatic Carpet Cleaning locations, the densest operator footprint.
Average Loan Size
$151K
Median $90K. Use as a sizing anchor when modeling your own Steamatic Carpet Cleaning unit.
Lender Concentration
31.3%
Moderately Spread
Share of Steamatic Carpet Cleaning approvals captured by the top 3 SBA lenders.
Steamatic Carpet Cleaning's SBA lending pipeline peaked in 1995 (5 approvals). Operator density is highest in Indiana with 2 SBA financed locations. Average funded ticket sits at $151K, with the median at $90K. Lender mix is moderately spread: the top three SBA lenders account for 31.3% of approvals. Meaningful choice exists, but specific lenders carry the brand.
Payment Estimator
Estimated Monthly Payment
$388
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Steamatic Carpet Cleaning, unit breakdown
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman