Rooter-Man, by the numbers

Recent financings

• Flawless Fixers LLC in Austin, TX — $2.5M (2024) · purchase · TowneBank

  Program

  Preferred Lenders Program

  Rate at approval

  10.25% variable

  Term

  156 mo (13 yrs)

  SBA guaranteed

  $1.9M (75%)

  Approval → funding

  35 days

  Approved

  11/9/2023

  First disbursed

  12/14/2023

  Loan status

  Current

  Loan type

  Term loan

  Collateral

  Required

  Business type

  Corporation

  Secondary market

  Loan sold to investors

  Jobs supported

  15

  Business age

  Change of Ownership

  Industry

  Plumbing, Heating, and Air-Conditioning Contractors

  If you were the buyer here

  Est. deal size

  $2.8M

  Est. down payment (10%)

  $282K

  Est. cash at closing

  $389K

  Monthly payment

  $29,521

  Annual debt service

  $354K

  Cash flow needed (1.25×)

  $443K

  Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

  Funded by TowneBank · Lender record →

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Who funds Rooter-Man — and where

Buying a Rooter-Man franchise

Most Rooter-Man buyers finance the purchase or build-out with an SBA 7(a) loan — up to 90% of the cost with roughly 10% down. The typical Rooter-Man deal financed for $2.5M, which points to about $279K of buyer cash on a typical purchase. Rooter-Man is listed in the SBA Franchise Directory (identifier S3668), so it's eligible to finance today — confirm current listing with your lender before the LOI. See the lenders that already fund Rooter-Man — a bank that knows the brand approves faster — or pre-qualify for financing to see your likely loan size first.