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Entrepreneur: Start & Grow Your Business

Get A Grip Franchising LLC

Countertop, bathtub & tile resurfacing

Background

Founded: 1999 Franchising since: 2007
9916 Bell Ave. S.E.
Albuquerque, New mexico 87123
Phone:
(800)290-6004


Franchisor has 10 employee(s); 5 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 15 0 0 1
2008 12 0 0 1
2007 8 0 0 1
2006 N/A N/A N/A 1
2005 N/A N/A N/A 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Midwest, Nebraska, North carolina, Northeast, New hampshire, New jersey, New mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South, South carolina, Southeast, Southwest, Tennessee, Texas, Utah, Vermont, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: By county

Costs and Fees

Total investment: $30K-70K
Franchise fee: $30K-70K
Term of agreement: 5 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $50K
Business Experience:
  • General business experience

Operations
  • Franchise can be run from home
  • Number of employees needed to run franchised unit: 2
  • Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 weeks

Ongoing Support
  • Toll-free phone line
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Other marketing support
  • Operations manuals, website

Rankings

Franchise 500® rank:
#467 (2009);