The Closet Factory vs The Grout Medic Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Closet Factory vs The Grout Medic including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
The Closet Factory Franchise
The Grout Medic Franchise
Investment $208,500 - $356,000$24,675 - $57,950
Franchise Fee $46,500$12,825 - $16,750
Royalty Fee 5.75%5%-10%
Advertising Fee -$75/month
Year Founded 19831997
Year Franchised 19862001
Term Of Agreement 5 years7 years
Term Of Agreement 5 years7 years
Renewal Fee $7K$2000


Business Experience Requirements
 
The Closet Factory Franchise
The Grout Medic Franchise
Experience
  • General business experience
  • Marketing skills
  • People skills
    		• -

    Financing Options
     
    The Closet Factory Franchise
    The Grout Medic Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    The Closet Factory Franchise
    The Grout Medic Franchise
    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 International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6

    Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    The Closet Factory Franchise
    The Grout Medic Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About The Closet Factory

    John LaBarbera founded The Closet Factory in a small industrial space in Los Angeles in 1983. The company started out with six employees customizing closets, offices, garages and pantries, and now has more than 100 employees at its Los Angeles headquarters. There are also 11 other factories around the world.

    The Closet Factory works with homeowners, contractors and interior decorators, installing closets, entertainment centers, pantries and shelves for offices and garages.

    You are unique and so are your needs. No one knows that better than The Closet Factory. When it comes to creating custom solutions that are imaginative, well organized and satisfy your design sensibilities, The Closet Factory believes the process must begin with a partnership between you and one of our designers.

    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.