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Monday
Apr262010

Grout Wizard Franchise

Grout cleaning & restoration

Start-up Costs & Franchises Fees

What is the total cost to open a Grout Wizard Franchises?

Total Cost: $15,600-$25,200
Total Franchise Fees: $12,500
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees:
Term of Agreement: 5 years

Contact Information for Grout Wizard

Grout Wizard
1056 El Capitan Dr.
Danville, CA
94526

Phone Number: (925)314-0369
Fax Number: (925)552-6358/(925)314-0579

Franchise Homepage:

Historical Expansion

In what year did Grout Wizard begin operations? 1997
When did Grout Wizard begin selling franchises? 2001

Year United States Canada International Corporate
2005 8 0 0 1
2004 7 0 0 0
2003 7 0 0 0
2002 10 0 0 1
2001 1 0 0 1

Future Expansion

Countries of Interest:

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee Yes No
Initial Start-up Capital No No
Plant, Property, and Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Training & Support

Support
Meetings, Internet referrals, Safety and Security procedures, Field support and site evaluation
Marketing
Ad slicks

Franchise Operation Restrictions

This franchise can be run as a home based business franchise.

Number of employees needed to run franchised unit: 2 - 4

Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
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
Please 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.