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Promoted Opportunities

Initial Investment

LOW: $43,600
HIGH: $92,700

Change in Units

+11.8% +2 UNITS (1 Year)
+18.8% +3 UNITS (3 Years)

Company Profile

Founded

1999

Franchising Since

2007 (10 Years)

Corporate Address

11840 Cochiti S.E. Albuquerque, NM 87123

CEO

Sharon Dillard

About Get A Grip Franchising LLC

While taking a break from college, Ryan Dillard discovered a way to restore (without removing) worn bathtubs and countertops without and saw a business opportunity. He convinced his parents Cub and Sharon Dillard, and brother Austen, to leave their homes in Texas and come to Albuquerque, New Mexico, to start Get A Grip. The company began franchising in 2007. Franchisees apply new coatings onto bathtubs, sinks, countertops, tile, cabinets and appliances.

Financials

Financial Requirements

Initial Investment

$43,600 - $92,700

Net-worth Requirement

$100,000

Liquid Cash Requirement

$50,000

Ongoing Fees

Initial Franchise Fee

$25,000 - $60,000

Ad Royalty Fee

Varies

Financing Options

Get A Grip Franchising LLC offers in-house financing to cover the following: franchise fee

Veteran Incentives


10% off franchise fee; ad royalty collection put on hold if franchisee is called up for Guard or Reserve Duty

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List

Operations & Franchisor Support

Training at headquarters: 10 days

Ongoing Support
Newsletter
Meetings
Internet
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Absentee Ownership Allowed

Number of employees required to run: 2

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 27th, 2016

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