Start-Up Costs and Fees |
||
| Closet & Storage Concepts | The Grout Medic | |
| Investment | 96500 - 499000 | 24675 - 57950 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5%-10% |
| Advertising Fee | $75/month | |
| Year Founded | 1987 | 1997 |
| Year Franchised | 2000 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Closet & Storage Concepts | The Grout Medic | |
| Experience | General business experience Marketing skills Strong sales background a plus | |
Financing Options |
||
| Closet & Storage Concepts | The Grout Medic | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Closet & Storage Concepts | The Grout Medic | |
| 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 |
||
| Closet & Storage Concepts | The Grout Medic | |
| 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 | |
| Closet & Storage Concepts | |
| The Grout Medic | |
| Franchise Fee | |
| Closet & Storage Concepts | |
| The Grout Medic | |
| Royalty Fee | |
| Closet & Storage Concepts | 5% |
| The Grout Medic | 5%-10% |
| Advertising Fee | |
| Closet & Storage Concepts | |
| The Grout Medic | $75/month |
| Year Founded | |
| Closet & Storage Concepts | 1987 |
| The Grout Medic | 1997 |
| Year Franchised | |
| Closet & Storage Concepts | 2000 |
| The Grout Medic | 2001 |
| Term Of Agreement | |
| Closet & Storage Concepts | 10 years |
| The Grout Medic | 7 years |
| Renewal Fee | |
| Closet & Storage Concepts | Lesser of initial, current fee |
| The Grout Medic | $2,000 |
Business Experience Requirements |
|
| Experience | |
| Closet & Storage Concepts | General business experience Marketing skills Strong sales background a plus |
| The Grout Medic | |
Financing Options |
|
| Franchise Fees | |
| Closet & Storage Concepts | No |
| The Grout Medic | No |
| Start-up Costs | |
| Closet & Storage Concepts | |
| The Grout Medic | |
| Equipment | |
| Closet & Storage Concepts} | |
| The Grout Medic | |
| Inventory | |
| Closet & Storage Concepts | |
| The Grout Medic | |
| Receivables | |
| Closet & Storage Concepts | |
| The Grout Medic | |
| Payroll | |
| Closet & Storage Concepts | |
| The Grout Medic | |
Training & Support |
|
| Training | |
| Closet & Storage Concepts | |
| The Grout Medic | |
| Support | |
| Closet & Storage Concepts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| The Grout Medic | |
| Marketing | |
| Closet & Storage Concepts | Co-op advertising, Ad slicks, National media, Regional advertising |
| The Grout Medic | |
| 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) |
| The Grout Medic | |
Expansion Plans |
|
| US Expansion | |
| Closet & Storage Concepts | |
| 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 |
| Canada Expansion | |
| Closet & Storage Concepts | |
| The Grout Medic | Nationwide, |
| International Expansion | |
| Closet & Storage Concepts | Canada, Mexico, |
| The Grout Medic | |