Jet-Black vs The Grout Medic Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Jet-Black vs The Grout Medic including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$71,600 - $125,340 | $24,675 - $57,950 |
Franchise Fee |
$25,000 | $12,825 - $16,750 |
Royalty Fee |
1%-8% | 5%-10% |
Advertising Fee |
- | $75/month |
Year Founded |
1988 | 1997 |
Year Franchised |
1993 | 2001 |
Term Of Agreement |
15 years | 7 years |
Term Of Agreement |
15 years | 7 years |
Renewal Fee |
- | $2000 |
Business Experience Requirements |
Experience |
General business experience Interpersonal skills; management experience preferred | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | No/No |
Start-up Costs |
No/Yes | No/No |
Equipment |
No/Yes | No/No |
Inventory |
No/Yes | No/No |
Receivables |
No/No | No/No |
Payroll |
No/No | No/No |
Training & Support |
Training |
On-The-Job Training: 24+ hours
Classroom Training: 16+ hours
Additional Training: At advanced training seminars
| - |
Support |
Purchasing Co-ops
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
| - |
Marketing |
Co-op Advertising
Ad Templates
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
| - |
Operations |
Franchise can be run from home.
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5
Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
Yes | No |
International Expansion |
Yes | No |
Company Overviews
About Jet-Black
In August 1987, Doug and Andy Hoiland's parents had their driveway seal-coated. The brothers were not impressed with the results: cracks left unfilled, oil spots bleeding through, and footprints from the sealer on the sidewalk. When they found that most paving companies did seal-coating only on the side, they decided to open their own business, specializing in seal-coating, in May 1988. In 1993, they awarded their first Jet-Black franchise. Jet-Black franchisees offer driveway repair services including power-cleaning, heat-treating oil spots, seal-coating, patching cracks and caulking joints.
The total investment necessary to begin operation of a Jet-Black
business is from $71,600 to $125,340 for one to two Franchised
Territories. This includes $61,050 to $79,940 that must be paid to the
franchisor or its affiliate. The total investment necessary to begin
operation of a Yellow Dawg Striping business is from $55,050 to $77,400
for one to two Franchised Territories. This includes $44,500 to $52,500
that must be paid to the franchisor or its affiliate.
Veteran Incentives First-unit franchise fee waived
#241 in Franchise 500 for 2020.
About The Grout Medic
The Grout Medic is the leading grout & tile restoration franchise with over 50 locations across the US. Our franchise owners come from all walks of life but they all have the same common goals; to gain control over their future and provide a better lifestyle and opportunity for themselves and their families.
The benefits of owning a Grout Medic franchise are numerous:
* Low cost investment - get started for under $25,000 including equipment
* Home based business - no long term lease commitments or expensive fit outs
* Protected territory - absolutely but rather than a one-size fits all territory The Grout
Medic will analyze demographic data including household numbers, income levels and house values in your area to ensure the best possible chance for success. Minimum recommended territory size is 200,000 population, with a majority starting at 300,000 population.
* Equipment - all equipment required to operate the business is included in the initial franchise fee as well as a supply of marketing/stationery items as well as approximately
3 months worth of product supply
* An in demand service - in today's economy home owners are looking for alternatives to expensive bathroom renovations.
We have the answer. By choosing The Grout Medic restoration process, our customers receive "Like New" results in a matter of hours...not days! AND, they save up to 70% of the cost of replacement. This makes our service more valuable than ever!The Grout Medic has developed easy to learn methods that can be taught to people from any type of work background. We offer full training from office to hands on technical training along with support every step of the way. The Grout Medic will give you the satisfaction of owning your own business while becoming part of a larger organization that is there to help you achieve your personal goals.
Find out what the future holds
today while your area is still available.