The Grout Medic
Professional Services Building & ConstructionCompany Information
Address
2121 Lohmans Crossing Suite 504-228 Austin, TX 78734
Website
Tel
Email
jc@thegroutmedic com
Franchise Summary
Description
The franchise offered is for a grout and tile restoration and maintenance business.
Company Background
THE GROUT MEDIC has been providing quality grout and tile restoration services to Southern California residential and commercial property owners for over 15 years. Our unique business model is driven by our commitment to customer service, the environment, and the communities we serve. Our franchisees provide a variety of professional cleaning solutions that allow customers to remove built-up dirt from their surfaces without destroying them in the process. We have developed a system that allows us to handle any size project with ease - from small cracks or stains all the way up to large-scale projects like entire office buildings or shopping centers.
Franchise Opportunity
Tile and grout can be a pain to keep clean, and over time it can become stained and dingy. Not only is dirty tile an eyesore, but it can also be a health hazard. Bacteria and mold can grow in the grout lines, leading to respiratory problems and other health issues. The Grout Medic offers a professional tile and grout restoration service that will have your tiles looking like new again. We use the latest technology and equipment to remove all of the dirt, stains, and bacteria from your tile and grout. Plus, our services are affordable and our team is available 24/7 for your convenience.
Corporate Structure
The Grout Medic, LLC is a limited liability company formed in the State of Delaware on September 7, 2021. Our principal place of business is 126 Garrett Street, Suite J, Charlottesville, VA 22902. We do business only under our corporate name and the name 'THE GROUT MEDIC.' As of December 31, 2022, there were 33 The Grout Medic franchisees in the U.S. operating 58 territories. Our agents for service of process are listed in Exhibit A to this Disclosure Document. The name and address of our Agent for Service of Process in Delaware is: United States Corporation Agents, Inc., 221 N. Broad Street, Suite 3A, New Castle, DE 19709
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Building & Construction Industry$200,258 / unit
Franchise Type: Standard
Average Revenue During 2020
Franchise Types Available
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Employee Contact Database
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Distribution of The Grout Medic Franchisees
The Grout Medic Franchise System Development in 2022
FAQ
How much investment do I need to start my own The Grout Medic business?
Franchisees typically require at least $97 to $130 investment to get their The Grout Medic business started
What are the initial franchise fees for The Grout Medic?
Franchisees typically need to pay at least $70 in fees directly to The Grout Medic in order to earn the right to launch their business
How much money can I make with a The Grout Medic franchise? What are
the average revenues for a typical The Grout Medic business?
We estimate that the average revenue of an individual
The Grout Medic unit is approximately
$200,258. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a The Grout Medic unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$97,000 to $130,000
which is
Much Lower
than the $0 to $0 average in the Building & Construction industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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