Start-Up Costs and Fees |
||
| Closet & Storage Concepts | Grout Wizard | |
| Investment | 96500 - 499000 | 20615 - 33725 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 5% | 6%-9% |
| Advertising Fee | 3% | |
| Year Founded | 1987 | 1997 |
| Year Franchised | 2000 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Closet & Storage Concepts | Grout Wizard | |
| Experience | General business experience Marketing skills Strong sales background a plus | 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 |
||
| Closet & Storage Concepts | 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 |
||
| Closet & Storage Concepts | Grout Wizard | |
| Training | 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Meetings, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad slicks |
| 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) | 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 |
||
| Closet & Storage Concepts | Grout Wizard | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion | Canada, Mexico, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Closet & Storage Concepts | |
| Grout Wizard | |
| Franchise Fee | |
| Closet & Storage Concepts | |
| Grout Wizard | |
| Royalty Fee | |
| Closet & Storage Concepts | 5% |
| Grout Wizard | 6%-9% |
| Advertising Fee | |
| Closet & Storage Concepts | |
| Grout Wizard | 3% |
| Year Founded | |
| Closet & Storage Concepts | 1987 |
| Grout Wizard | 1997 |
| Year Franchised | |
| Closet & Storage Concepts | 2000 |
| Grout Wizard | 2001 |
| Term Of Agreement | |
| Closet & Storage Concepts | 10 years |
| Grout Wizard | 5 years |
| Renewal Fee | |
| Closet & Storage Concepts | Lesser of initial, current fee |
| Grout Wizard | |
Business Experience Requirements |
|
| Experience | |
| Closet & Storage Concepts | General business experience Marketing skills Strong sales background a plus |
| 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 | |
| Closet & Storage Concepts | No |
| Grout Wizard | No |
| Start-up Costs | |
| Closet & Storage Concepts | |
| Grout Wizard | |
| Equipment | |
| Closet & Storage Concepts} | |
| Grout Wizard | |
| Inventory | |
| Closet & Storage Concepts | |
| Grout Wizard | |
| Receivables | |
| Closet & Storage Concepts | |
| Grout Wizard | |
| Payroll | |
| Closet & Storage Concepts | |
| Grout Wizard | |
Training & Support |
|
| Training | |
| Closet & Storage Concepts | |
| 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 | |
| Closet & Storage Concepts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Grout Wizard | Meetings, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Closet & Storage Concepts | Co-op advertising, Ad slicks, National media, Regional advertising |
| Grout Wizard | Ad slicks |
| Operations | |
| 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) |
| 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 | |
| Closet & Storage Concepts | |
| Grout Wizard | |
| Canada Expansion | |
| Closet & Storage Concepts | |
| Grout Wizard | |
| International Expansion | |
| Closet & Storage Concepts | Canada, Mexico, |
| Grout Wizard | |