The Grout Medic Franchise
Tile/Grout maintenance, repair & restoration
The Grout Medic is the leader in the "after care" market of grout and tile repair. The products and equipment used are the latest in technology to bring your grout and tile back to life. Before you have your tile removed and replaced, let the Grout Medic show you what options are available for you.
The Grout Medic has developed easy to learn methods that can be taught to people from any type of work background. We offer full training from office to hands on technical training along with support every step of the way. The Grout Medic will give you the satisfaction of owning your own business while becoming part of a larger organization that is there to help you achieve your personal goals. Find out what the future holds today while your area is still available.
Start-up Costs & Franchises Fees
What is the total cost to open a The Grout Medic Franchises?
Total Cost: $15,780-$50,150
Total Franchise Fees: $8,280-$23,700
Ongoing Royalty Fees: $155-970/month; 5% over Revenue Thresholds
Ongoing Advertising Fees: Not Currently Collected; Provision for 3% in future
Term of Agreement: 7 years
Franchise Agreement Renewal Fee: Not Charged at this time
Contact Information for The Grout Medic
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The Grout Medic |
Phone Number: (630) 585-0035 |
Historical Expansion
In what year did The Grout Medic begin operations? 1997
When did The Grout Medic begin selling franchises? 2001
Year United States Canada International Corporate 2007 66 0 0 0 2006 58 0 0 0 2005 39 0 0 0 2004 18 0 0 0 2003 15 0 0 0
Future Expansion
United States: Nationwide
Canada: Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes