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Sir Grout Franchising LLC

2014 Franchise 500
#356
At a Glance

Products & Services: Grout, tile, stone and wood restoration

Number of Locations: 36

Total Investment: $75.5K - $134.9K

Founded: 2004

Began Franchising: 2007

About Sir Grout Franchising LLC

Sir Grout franchisees offer grout and stone cleaning and sealing, caulking, sandless wood refinishing, and application of slip resistant materials for both residential and commercial customers. The company, based in Alpharetta, Georgia, was started in 2004 and began franchising in 2007.

Franchise Units

Year U.S. Canadian International Company Owned
2014 33 0 1 2
2013 29 0 1 2
2012 20 0 1 5
2011 19 0 0 5
2010 14 0 0 5
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $75,495 - $134,880
Franchise Fee: $39,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 7 years, renewable
Veteran Incentives: $5,000 off franchise fee
Financial Requirements
Net Worth: $200,000
Liquid Cash Available: $50,000
Operations
Franchise can be run from home. 50% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 4. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: At headquarters or other location : 10 days.
Ongoing Support: Newsletter, Meetings, Internet
Marketing Support: Co-op advertising, Ad slicks,

Franchise Ranking History

Franchise 500®: #356 (2014), #325 (2013), #323 (2012), #430 (2011),
Top New: #22 (2012), #49 (2011),
Top Home-Based: #89 (2013), #100 (2012),