The Grout Medic
At a Glance
Products & Services: Tile & grout maintenance/restoration
Number of Locations: 50
Total Investment: $27.2K - 74.3K
Founded: 2001
Began Franchising: 2001
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 49 | 0 | 0 | 1 |
| 2010 | 51 | 0 | 0 | 0 |
| 2009 | 62 | 0 | 0 | 0 |
| 2008 | 68 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $27,200 - $74,300
Franchise Fee: $13,800 - $23,700
Ongoing Royalty Fee: Varies
Term of Franchise Agreement: 12 years, renewable
Franchise Fee: $13,800 - $23,700
Ongoing Royalty Fee: Varies
Term of Franchise Agreement: 12 years, renewable
Financial Requirements
Net Worth: $25,000 - $50,000
Liquid Cash Available: $25,000
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).How This Franchise Supports Franchisees
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 Ranking History
Top Homebased: #87 (2008),
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