Start-Up Costs and Fees |
||
| The Grout Medic | HomePros | |
| Investment | 24675 - 57950 | 101285 - 143475 |
| Franchise Fee | 0 | |
| Royalty Fee | 5%-10% | 7% |
| Advertising Fee | $75/month | |
| Year Founded | 1997 | 2001 |
| Year Franchised | 2001 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Grout Medic | HomePros | |
| Experience | Industry experience General business experience Basic home repair skills | |
Financing Options |
||
| The Grout Medic | HomePros | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| The Grout Medic | HomePros | |
| Training | ||
| Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations | |
| Marketing | Ad slicks | |
| Operations | Franchise can be run from home. 28% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| The Grout Medic | HomePros | |
| 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 | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | Nationwide, | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Grout Medic | |
| HomePros | |
| Franchise Fee | |
| The Grout Medic | |
| HomePros | |
| Royalty Fee | |
| The Grout Medic | 5%-10% |
| HomePros | 7% |
| Advertising Fee | |
| The Grout Medic | $75/month |
| HomePros | |
| Year Founded | |
| The Grout Medic | 1997 |
| HomePros | 2001 |
| Year Franchised | |
| The Grout Medic | 2001 |
| HomePros | 2002 |
| Term Of Agreement | |
| The Grout Medic | 7 years |
| HomePros | 5 years |
| Renewal Fee | |
| The Grout Medic | $2,000 |
| HomePros | |
Business Experience Requirements |
|
| Experience | |
| The Grout Medic | |
| HomePros | Industry experience General business experience Basic home repair skills |
Financing Options |
|
| Franchise Fees | |
| The Grout Medic | No |
| HomePros | No |
| Start-up Costs | |
| The Grout Medic | |
| HomePros | |
| Equipment | |
| The Grout Medic} | |
| HomePros | |
| Inventory | |
| The Grout Medic | |
| HomePros | |
| Receivables | |
| The Grout Medic | |
| HomePros | |
| Payroll | |
| The Grout Medic | |
| HomePros | |
Training & Support |
|
| Training | |
| The Grout Medic | |
| HomePros | |
| Support | |
| The Grout Medic | |
| HomePros | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| The Grout Medic | |
| HomePros | Ad slicks |
| Operations | |
| The Grout Medic | |
| HomePros | Franchise can be run from home. 28% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 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 |
| HomePros | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | |
| The Grout Medic | Nationwide, |
| HomePros | |
| International Expansion | |
| The Grout Medic | |
| HomePros | |