Start-Up Costs and Fees |
||
| Grout Wizard | Basement Living Systems USA | |
| Investment | 20615 - 33725 | 190000 - 320000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6%-9% | 4% |
| Advertising Fee | 3% | 1% |
| Year Founded | 1997 | 1953 |
| Year Franchised | 2001 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Grout Wizard | Basement Living Systems USA | |
| 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. | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
Financing Options |
||
| Grout Wizard | Basement Living Systems USA | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Grout Wizard | Basement Living Systems USA | |
| 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. | Initial one week orientation and ongoing |
| Support | Meetings, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Ad slicks | Marketing materials are created and available |
| 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 |
||
| Grout Wizard | Basement Living Systems USA | |
| 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 | |
| Grout Wizard | |
| Basement Living Systems USA | |
| Franchise Fee | |
| Grout Wizard | |
| Basement Living Systems USA | |
| Royalty Fee | |
| Grout Wizard | 6%-9% |
| Basement Living Systems USA | 4% |
| Advertising Fee | |
| Grout Wizard | 3% |
| Basement Living Systems USA | 1% |
| Year Founded | |
| Grout Wizard | 1997 |
| Basement Living Systems USA | 1953 |
| Year Franchised | |
| Grout Wizard | 2001 |
| Basement Living Systems USA | 2008 |
| Term Of Agreement | |
| Grout Wizard | 5 years |
| Basement Living Systems USA | 5 years +5+5+5 |
| Renewal Fee | |
| Grout Wizard | |
| Basement Living Systems USA | $5,000 |
Business Experience Requirements |
|
| 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. |
| Basement Living Systems USA | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
Financing Options |
|
| Franchise Fees | |
| Grout Wizard | Yes |
| Basement Living Systems USA | Yes |
| Start-up Costs | |
| Grout Wizard | |
| Basement Living Systems USA | |
| Equipment | |
| Grout Wizard} | |
| Basement Living Systems USA | |
| Inventory | |
| Grout Wizard | |
| Basement Living Systems USA | |
| Receivables | |
| Grout Wizard | |
| Basement Living Systems USA | |
| Payroll | |
| Grout Wizard | |
| Basement Living Systems USA | |
Training & Support |
|
| Training | |
| 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. |
| Basement Living Systems USA | Initial one week orientation and ongoing |
| Support | |
| Grout Wizard | Meetings, Internet, Security/safety procedures, Field operations/evaluations |
| Basement Living Systems USA | |
| Marketing | |
| Grout Wizard | Ad slicks |
| Basement Living Systems USA | Marketing materials are created and available |
| Operations | |
| 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) |
| Basement Living Systems USA | |
Expansion Plans |
|
| US Expansion | |
| Grout Wizard | |
| 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 |
| Canada Expansion | |
| Grout Wizard | |
| Basement Living Systems USA | |
| International Expansion | |
| Grout Wizard | |
| Basement Living Systems USA | |