Start-Up Costs and Fees |
||
| The Grout Medic | Closet & Storage Concepts | |
| Investment | 24675 - 57950 | 96500 - 499000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5%-10% | 5% |
| Advertising Fee | $75/month | |
| Year Founded | 1997 | 1987 |
| Year Franchised | 2001 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Grout Medic | Closet & Storage Concepts | |
| Experience | General business experience Marketing skills Strong sales background a plus | |
Financing Options |
||
| The Grout Medic | Closet & Storage Concepts | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| The Grout Medic | Closet & Storage Concepts | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 12 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| The Grout Medic | Closet & Storage Concepts | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, | |
| International Expansion | Canada, Mexico, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Grout Medic | |
| Closet & Storage Concepts | |
| Franchise Fee | |
| The Grout Medic | |
| Closet & Storage Concepts | |
| Royalty Fee | |
| The Grout Medic | 5%-10% |
| Closet & Storage Concepts | 5% |
| Advertising Fee | |
| The Grout Medic | $75/month |
| Closet & Storage Concepts | |
| Year Founded | |
| The Grout Medic | 1997 |
| Closet & Storage Concepts | 1987 |
| Year Franchised | |
| The Grout Medic | 2001 |
| Closet & Storage Concepts | 2000 |
| Term Of Agreement | |
| The Grout Medic | 7 years |
| Closet & Storage Concepts | 10 years |
| Renewal Fee | |
| The Grout Medic | $2,000 |
| Closet & Storage Concepts | Lesser of initial, current fee |
Business Experience Requirements |
|
| Experience | |
| The Grout Medic | |
| Closet & Storage Concepts | General business experience Marketing skills Strong sales background a plus |
Financing Options |
|
| Franchise Fees | |
| The Grout Medic | No |
| Closet & Storage Concepts | No |
| Start-up Costs | |
| The Grout Medic | |
| Closet & Storage Concepts | |
| Equipment | |
| The Grout Medic} | |
| Closet & Storage Concepts | |
| Inventory | |
| The Grout Medic | |
| Closet & Storage Concepts | |
| Receivables | |
| The Grout Medic | |
| Closet & Storage Concepts | |
| Payroll | |
| The Grout Medic | |
| Closet & Storage Concepts | |
Training & Support |
|
| Training | |
| The Grout Medic | |
| Closet & Storage Concepts | |
| Support | |
| The Grout Medic | |
| Closet & Storage Concepts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| The Grout Medic | |
| Closet & Storage Concepts | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| The Grout Medic | |
| Closet & Storage Concepts | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 12 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| The Grout Medic | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Closet & Storage Concepts | |
| Canada Expansion | |
| The Grout Medic | Nationwide, |
| Closet & Storage Concepts | |
| International Expansion | |
| The Grout Medic | |
| Closet & Storage Concepts | Canada, Mexico, |