Start-Up Costs and Fees |
||
| Steam Brothers | The Grout Medic | |
| Investment | 22000 - 53500 | 24675 - 57950 |
| Franchise Fee | 0 | |
| Royalty Fee | 5-6.5% | 5%-10% |
| Advertising Fee | $75/month | |
| Year Founded | 1977 | 1997 |
| Year Franchised | 1984 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Steam Brothers | The Grout Medic | |
| Experience | ||
Financing Options |
||
| Steam Brothers | 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 |
||
| Steam Brothers | The Grout Medic | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Ad slicks | |
| Operations | Franchise can be run from home. 2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Steam Brothers | The Grout Medic | |
| US Expansion | Mid West, | 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Steam Brothers | |
| The Grout Medic | |
| Franchise Fee | |
| Steam Brothers | |
| The Grout Medic | |
| Royalty Fee | |
| Steam Brothers | 5-6.5% |
| The Grout Medic | 5%-10% |
| Advertising Fee | |
| Steam Brothers | |
| The Grout Medic | $75/month |
| Year Founded | |
| Steam Brothers | 1977 |
| The Grout Medic | 1997 |
| Year Franchised | |
| Steam Brothers | 1984 |
| The Grout Medic | 2001 |
| Term Of Agreement | |
| Steam Brothers | 10 years |
| The Grout Medic | 7 years |
| Renewal Fee | |
| Steam Brothers | $1K |
| The Grout Medic | $2,000 |
Business Experience Requirements |
|
| Experience | |
| Steam Brothers | |
| The Grout Medic | |
Financing Options |
|
| Franchise Fees | |
| Steam Brothers | No |
| The Grout Medic | No |
| Start-up Costs | |
| Steam Brothers | |
| The Grout Medic | |
| Equipment | |
| Steam Brothers} | |
| The Grout Medic | |
| Inventory | |
| Steam Brothers | |
| The Grout Medic | |
| Receivables | |
| Steam Brothers | |
| The Grout Medic | |
| Payroll | |
| Steam Brothers | |
| The Grout Medic | |
Training & Support |
|
| Training | |
| Steam Brothers | |
| The Grout Medic | |
| Support | |
| Steam Brothers | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| The Grout Medic | |
| Marketing | |
| Steam Brothers | Ad slicks |
| The Grout Medic | |
| Operations | |
| Steam Brothers | Franchise can be run from home. 2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| The Grout Medic | |
Expansion Plans |
|
| US Expansion | |
| Steam Brothers | Mid West, |
| 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 | |
| Steam Brothers | |
| The Grout Medic | Nationwide, |
| International Expansion | |
| Steam Brothers | |
| The Grout Medic | |