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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$86K - $126K
Units as of 2016
1

Company Overview

About Groutastic and Pavertastic

Industry
Maintenance
Founded
2006
Parent Company
Groutastic/Pavertastic
Leadership
Josh Kaplan, CEO

Franchising Overview

Franchising Since
2014 (8 years)
# of employees at HQ
4
Where seeking

This company is seeking new franchisees in the following US states:

# of Units
1 (as of 2016)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
P.O. Box 516
Ridge, NY 11961

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Groutastic and Pavertastic 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
$25,000
Initial Investment
$85,933 - $126,096
Cash Requirement
$15,000 - $25,000
Veteran Incentives
$10,000 off franchise fee
Royalty Fee
6%
Ad Royalty Fee
2%
Is franchise term renewable?
No
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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
Groutastic and Pavertastic has relationships with third-party sources which offer financing to cover the following: equipment

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
2-5 days
Classroom Training
5-10 days
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Marketing Support
Co-op Advertising

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?
No
Are exclusive territories available?
No
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021