The Grout Medic

Founded: 2001 Franchising since: 2001

2241 E. Continental Blvd., #150 Southlake, Texas 76092

Phone: (817)416-7600

Franchisor is a privately-held company with 4 employee(s); 4 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	62	0	0	0
2008	68	0	0	0
2007	67	0	0	0
2006	45	0	0	0
2005	39	0	0	0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: 400K residential population

Total investment: $21.3K-52.7K Franchise fee: $13.8K-23.7K

Ongoing royalty fee: Varies Term of agreement: 12 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	Yes	Yes
Startup Costs	No	No
Equipment	Yes	Yes
Inventory	Yes	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $25K-50K
Cash liquidity requirement: $25K
Business Experience:

• General business experience

Operations

• Franchise can be run from home
• 15% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 2 - 3
• Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training

• Available at headquarters: 5 days

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations
• Purchasing cooperatives

Marketing Support

• Co-op advertising
• Ad slicks

Other marketing support

• Trade show materials & banners

Franchise 500® rank:
#453 (2009); #313 (2008);

Ranked #1 in category in:
2009; 2008;

Low-Cost Franchises:
#71 (2008);

Top Home Based Franchises:
#87 (2008);