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Franchise: The Grout Medic

Initial Investment
LOW:$24,675
HIGH: $57,950
Change in Units
+19.1% +9 UNITS (1 Year)
+27.3% +12 UNITS (3 Years)

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations
Marketing Support
Co-op Advertising
Ad Slicks
National Media

Training Onsite: 3-5 days

Training at headquarters: 5 days

Absentee Ownership Allowed

Number of employees required to run: 2 - 3

Founded

2001

Franchising Since

2001 (16 Years)

Corporate Address

2241 E. Continental Blvd., #150 Southlake, TX 76092

CEO

Brett Repass

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Financial Requirements

Initial Investment

$24,675 - $57,950

Net-worth Requirement

$25,000 - $50,000

Liquid Cash Requirement

$15,000 - $25,000

Ongoing Fees

Initial Franchise Fee

$12,825 - $16,750

Ongoing Royalty Fee

5-10%

Ad Royalty Fee

$100/mo.

Financing Options

The Grout Medic offers in-house financing to cover the following: franchise fee, equipment, inventory

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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: August 24th, 2016

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