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The Grout Medic
Franchise Profile
Cash Investment: $40,000
Total Investment: $55,000 - $75,000
Minimum Net Worth: $75,000
Franchise Fee: $40,000 (includes all equipment) *In FDD Registration states the
Established: 1997
Total Investment: $55,000 - $75,000
Minimum Net Worth: $75,000
Franchise Fee: $40,000 (includes all equipment) *In FDD Registration states the
Established: 1997
For priority consideration please contact us
More About This Franchise
65 outlets and growing as of April 2021.
Recurring revenue, asset-light, high margin home and commercial services.
Three to six month return on investment. Margins 20-50%, variance driven by a larger operating co., vs. a sole proprietor. Initially home based recommended, although there are exceptions. Certainly after scaling most operators have migrated into industrial and office space.
We are definitely a "niche," and provide an important "restore" vs. "replace" option for any interior space with tile. This includes kitchen and bathrooms. Many operators have selected to grow with commercial clients, i.e., hotels and commercial property managers.
We have an amazing Customer Services Center (CSC), which is our in-house call center and CRM related team of professionals. This allows franchisees to focus on sales and marketing and human resources, and not worry about scheduling estimates via our 2-way CRM. Most 'zees prefer to stay on the CSC and pay 10% of the first 25k in monthly revenues, then 5% >25k. Fiscally it makes solid business sense, vs. trying to hire an admin. However, if they opt out, the ongoing fees are a flat 5%.
I am Interested
Recurring revenue, asset-light, high margin home and commercial services.
Three to six month return on investment. Margins 20-50%, variance driven by a larger operating co., vs. a sole proprietor. Initially home based recommended, although there are exceptions. Certainly after scaling most operators have migrated into industrial and office space.
We are definitely a "niche," and provide an important "restore" vs. "replace" option for any interior space with tile. This includes kitchen and bathrooms. Many operators have selected to grow with commercial clients, i.e., hotels and commercial property managers.
We have an amazing Customer Services Center (CSC), which is our in-house call center and CRM related team of professionals. This allows franchisees to focus on sales and marketing and human resources, and not worry about scheduling estimates via our 2-way CRM. Most 'zees prefer to stay on the CSC and pay 10% of the first 25k in monthly revenues, then 5% >25k. Fiscally it makes solid business sense, vs. trying to hire an admin. However, if they opt out, the ongoing fees are a flat 5%.
