Start a Get A Grip Resurfacing Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $44K - $93K

Units as of 2023: 23 4% over 3 years

Get A Grip Resurfacing believes it is a pioneer and revolutionary company in the resurfacing industry. It started after founders Ryan and Sharon Dillard made a trip to New Mexico to visit their family in 1999. There, he had the idea. Currently, Get A Grip Resurfacing has more than 20 locations around the United States.

With its focus on safety and improving its techniques and products, Get A Grip Resurfacing serves apartments, motels, hotels, homeowners, property managers, resorts, and government institutions. The company owns what it believes to be a patented resurfacing and repair process that restores damaged old surfaces in general. Get A Grip Resurfacing’s work is typically directed towards countertops, bathtubs, showers, tiles, and cabinets.

Why You May Want To Start a Get A Grip Resurfacing Franchise

It may not be necessary to have any knowledge in the resurfacing field to own and operate a Get A Grip Resurfacing franchise.

If awarded a Get A Grip franchise, franchisees receive a great deal of support from the Get A Grip Resurfacing brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, and research. Franchisees will also receive hands-on training and continued support after their franchise location has opened.

The Get A Grip Resurfacing team will help the franchisee with promotional materials, building advertisements, and giving in-the-field tips and advice. Get A Grip Resurfacing may also supply the franchisee with a holding tank, where it's possible to find business, marketing, and sales tools, safety data sheets, and some other useful resources. In addition, the Get A Grip Resurfacing corporate team will provide franchisees with ongoing marketing and technical support, updating franchisees with the latest technology, trends, promotions, and more.

What Might Make a Get A Grip Resurfacing Franchise a Good Choice?

Opening a Get A Grip Resurfacing franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

To be part of the Get A Grip Resurfacing team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

How To Open a Get A Grip Resurfacing Franchise

During training for a Get A Grip Resurfacing franchise, new franchisees are taught about preparation and precautions on all surfaces, major and minor surface repairs, application of proper coatings, and problem areas or corrective applications.

As you decide if opening a Get A Grip Resurfacing franchise is the right move for you, make sure you take time to explore the opportunity. And while competition is healthy, too much of it may not allow for the most possible growth. So research the brand and your local area to see if a Get A Grip Resurfacing franchise would do well in your community.

As you prepare to open a Get A Grip Resurfacing franchise, you may want to speak to current franchisees as you learn more about the brand. Ask the franchising team questions, and study the market as part of your due diligence.

Company Overview

About Get A Grip Resurfacing

Industry	Home Improvement
Related Categories	Kitchen & Bath Remodeling, Miscellaneous Home-Improvement Businesses
Founded	1999
Parent Company	Get A Grip Inc.
Leadership	Sharon Dillard, CEO & Cofounder
Corporate Address	8905 Adams St. N.E. Albuquerque, NM 87113
Social	Facebook, Twitter, Instagram, YouTube, Pinterest

Business Overview

Franchising Since	2007 (17 years)
# of employees at HQ	23
Where seeking	This company is offering new franchises throughout the US.
# of Units	23 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Get A Grip Resurfacing franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$35,000 - $65,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$43,600 - $92,700
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$100,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$50,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	10% off franchise fee; ad royalty collection put on hold if franchisee is called up for Guard or Reserve Duty
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	$300-$650/mo.
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	5 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing	Get A Grip Resurfacing offers in-house financing to cover the following: franchise fee

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	54 hours
Classroom Training	34 hours
Ongoing Support	Newsletter Meetings & Conventions Toll-Free Line Online Support Security & Safety Procedures Field Operations
Marketing Support	Ad Templates Social Media SEO Website Development Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	Yes
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	2
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes