The Grout Medic
Grout and tile cleaning and restoration
- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$92K - $125K
- Units as of 2022
-
65 25.0% over 3 years
The Grout Medic was founded in 2001 and began franchising that same year. The goal of The Grout Medic is to cater to properties that need grout and tile cleaning and restoration. The Grout Medic is an industry leader in maintaining tiles and surfaces for residential and commercial properties, including the disinfection, cleaning, restoration, and grout maintenance of tiles and surfaces.
Why You May Want to Start a The Grout Medic Franchise
With more than 65 units in operation, The Grout Medic is an experienced and fairly expansive brand in tile cleaning solutions, guaranteeing a total makeover for your property and getting you value for your money. They may be renowned for using exceptional technology and innovations beyond what current markets are used to in their pursuit of bringing grout and tile back to life. In addition to elbow grease, they have advanced vapor technology to clean the stain out of tiles.
The Grout Medic is a well-known brand with growth potential and a leader in the tile cleaning business. They have proven business systems tailored for individuals with a background in customer service who are looking to venture into the grout business. Potential franchisees should have a knack for excellent customer satisfaction and professionalism.
The company strives to offer ultimate service provision, especially to homeowners looking to revamp their homes or businesspeople looking to remodel houses for sale. They endeavor to provide a top-of-the-line customer experience and transform houses into suitable homes.
What Might Make a The Grout Medic Franchise a Good Choice?
The Grout Medic's environmentally friendly cleaning technologies are specially made to help you clean tiles efficiently in a short time while delivering splendid work. This may leave you ample time to talk and engage with your customer, which can grow customer relationships with the brand.
Franchisees will be trained formally in The Grout Medic's refined processes that have helped make the brand the industry leader it has grown to be. Combined with their proven technologies that may be beyond market standards and ongoing support, you may be on the road to a fun-filled adventure in business. The Grout Medic also may handle all your back office work and customer service, leaving you ample time to deal with the customer's problems and offer solutions.
How To Open a The Grout Medic Franchise
To open a franchise with The Grout Medic, 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 the existence of ongoing fees that will include advertising, royalty, and potential renewal fees. The Grout Medic may offer you financing via their extensive third-party connection to help pay for the franchise fee, startup cost, equipment, inventory, accounts receivable, and payroll.
If you want to start this franchise and believe you have what it takes to transform people's homes into beautiful living places, fill out a contact form. Upon submission, you may get a call to confirm your interest, and a The Grout Medic franchise representative may discuss the business's details and financials with you. If you are prepared financially, you may be approved as the newest The Grout Medic franchisee.
Company Overview
About The Grout Medic
| Industry | Maintenance |
|---|---|
| Related Categories | Miscellaneous Maintenance Businesses, Grout Maintenance, Miscellaneous Home-Improvement Businesses, Cleaning/Restoration |
| Founded | 2001 |
| Parent Company | Premium Service Brands |
| Leadership | Paul Flick, CEO |
| Corporate Address |
126 Garrett St., #J Charlottesville, VA 22902 |
| Social | Facebook, LinkedIn, YouTube |
Business Overview
| Franchising Since | 2001 (22 years) |
|---|---|
| # of employees at HQ | 41 |
| Where seeking |
This company is offering new franchisees throughout the US. |
| # of Units | 65 (as of 2022) |
|
|
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Information for Franchisees
Here's what you need to know if you're interested in opening a The Grout Medic 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
|
$65,000 |
|---|---|
|
Initial Investment
|
$92,000 - $125,000 |
|
Net Worth Requirement
|
$200,000 |
|
Cash Requirement
|
$50,000 |
|
Veteran Incentives
|
10% off franchise fee |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
2% |
|
Term of Agreement
|
10 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.
| Third Party Financing | The Grout Medic has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
|---|
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 | 4 hours |
|---|---|
| Classroom Training | 76 hours |
| Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
National Media
Regional Advertising
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?
|
Yes |
|
Can this franchise be run part time?
|
Yes |
| # of employees required to run | 1 |
|
Are exclusive territories available?
|
Yes |
Interested in ownership opportunities like The Grout Medic? Request a free consultation with a Franchise Advisor now.
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