Start-Up Costs and Fees |
||
| Basement Living Systems USA | Grout Wizard | |
| Investment | 190000 - 320000 | 20615 - 33725 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 6%-9% |
| Advertising Fee | 1% | 3% |
| Year Founded | 1953 | 1997 |
| Year Franchised | 2008 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Basement Living Systems USA | Grout Wizard | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | You need no previous business nor technical experience at all. Franchisees come from all backgrounds, ages and genders. The Company will teach you every phase of the business step by step. All you need is the desire to own and operate your own business. |
Financing Options |
||
| Basement Living Systems USA | Grout Wizard | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Basement Living Systems USA | Grout Wizard | |
| Training | Initial one week orientation and ongoing | There is a required 5-day, in depth, hands on training program that all Franchisees must successfully complete. Each Franchisee will be provided with the details of GROUT WIZARD procedures, methods of operations, sales techniques, communications, advertising, managing employees, interacting with customers and every aspect of operating a successful GROUT WIZARD business. |
| Support | Meetings, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Marketing materials are created and available | Ad slicks |
| Operations | Franchise can be run from home. Number of employees needed to run franchised unit: 2 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Basement Living Systems USA | Grout Wizard | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Basement Living Systems USA | |
| Grout Wizard | |
| Franchise Fee | |
| Basement Living Systems USA | |
| Grout Wizard | |
| Royalty Fee | |
| Basement Living Systems USA | 4% |
| Grout Wizard | 6%-9% |
| Advertising Fee | |
| Basement Living Systems USA | 1% |
| Grout Wizard | 3% |
| Year Founded | |
| Basement Living Systems USA | 1953 |
| Grout Wizard | 1997 |
| Year Franchised | |
| Basement Living Systems USA | 2008 |
| Grout Wizard | 2001 |
| Term Of Agreement | |
| Basement Living Systems USA | 5 years +5+5+5 |
| Grout Wizard | 5 years |
| Renewal Fee | |
| Basement Living Systems USA | $5,000 |
| Grout Wizard | |
Business Experience Requirements |
|
| Experience | |
| Basement Living Systems USA | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
| Grout Wizard | You need no previous business nor technical experience at all. Franchisees come from all backgrounds, ages and genders. The Company will teach you every phase of the business step by step. All you need is the desire to own and operate your own business. |
Financing Options |
|
| Franchise Fees | |
| Basement Living Systems USA | No |
| Grout Wizard | No |
| Start-up Costs | |
| Basement Living Systems USA | |
| Grout Wizard | |
| Equipment | |
| Basement Living Systems USA} | |
| Grout Wizard | |
| Inventory | |
| Basement Living Systems USA | |
| Grout Wizard | |
| Receivables | |
| Basement Living Systems USA | |
| Grout Wizard | |
| Payroll | |
| Basement Living Systems USA | |
| Grout Wizard | |
Training & Support |
|
| Training | |
| Basement Living Systems USA | Initial one week orientation and ongoing |
| Grout Wizard | There is a required 5-day, in depth, hands on training program that all Franchisees must successfully complete. Each Franchisee will be provided with the details of GROUT WIZARD procedures, methods of operations, sales techniques, communications, advertising, managing employees, interacting with customers and every aspect of operating a successful GROUT WIZARD business. |
| Support | |
| Basement Living Systems USA | |
| Grout Wizard | Meetings, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Basement Living Systems USA | Marketing materials are created and available |
| Grout Wizard | Ad slicks |
| Operations | |
| Basement Living Systems USA | |
| Grout Wizard | Franchise can be run from home. Number of employees needed to run franchised unit: 2 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Basement Living Systems USA | 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 |
| Grout Wizard | |
| Canada Expansion | |
| Basement Living Systems USA | |
| Grout Wizard | |
| International Expansion | |
| Basement Living Systems USA | |
| Grout Wizard | |