The Grout Medic
Grout and tile cleaning and restoration
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About
Founded

2001

Franchising Since

2001 (18 Years)

Corporate Address

2121 Lohmans Crossing, #504-228
Austin, TX 78734

CEO

JC Timmons

Financial Requirements
Initial Investment

$26,000 - $54,000

Net-worth Requirement

$100,000

Liquid Cash Requirement

$50,000

Ongoing Fees
Initial Franchise Fee

$15,500 - $19,500

Ongoing Royalty Fee

10-5%

Ad Royalty Fee

$200/mo.

Financing Options

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

Veteran Incentives

$1,500 off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Proprietary Software

Marketing Support

Co-op Advertising

Ad Templates

Regional Advertising

Social media

SEO

Website development

Classroom Training:

40 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

2 - 5

Cost
Initial Investment: Low - $26,000 High - $54,000
Units
+2.0%+0 UNITS (1 Year) -3.8%-2 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

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Domino's Will Use E-Bikes to Deliver Pizzas Across the U.S.

It's an eco-friendly (and sometimes faster) alternative to delivery cars.

Why the 'A' in Chick-fil-A Is Capitalized

There's a hidden message in Chick-fil-A's logo.

This Starbucks Executive Shares How Your Company Can Make a Positive Social Impact

Jessica Abo sits down with a Starbucks executive to learn how the company is taking on community service, plastics and pay equity.

Chick-fil-A Likely Loses Out on More Than $1 Billion in Sales Every Year by Closing on Sundays -- and It's a Brilliant Business Strategy

The chicken chain's founder, Truett Cathy, decided to close all locations on Sundays because of his Christian faith.

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: July 31st, 2019