N-Hance vs The Grout Medic Franchise Comparison

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

Start-Up Costs and Fees
 
N-Hance Franchise
The Grout Medic Franchise
Investment $52,369 - $168,747$24,675 - $57,950
Franchise Fee $11,669 - $47,752$12,825 - $16,750
Royalty Fee $353-$705/mo.5%-10%
Advertising Fee $200/mo.$75/month
Year Founded 20011997
Year Franchised 20032001
Term Of Agreement 5 years7 years
Term Of Agreement 5 years7 years
Renewal Fee -$2000


Business Experience Requirements
 
N-Hance Franchise
The Grout Medic Franchise
Experience --

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

Training & Support
 
N-Hance Franchise
The Grout Medic Franchise
Training After purchasing an N-Hance business, new franchisees will attend an intensive 10-day hands-on training course at our corporate headquarters in Logan, Utah. At the Logan training, franchisees can expect to learn everything from tricks of the trade to best practices for marketing, sales, and general operation of their business. On-The-Job Training: 40 hours Classroom Training: 25 hours -
Support During your first full year of owning your N-Hance franchise, you’ll be assigned to a personal “N-Gage” business coach to help you navigate the waters of entrepreneurship. Even after the first 12 months of your participation in our franchise program, our corporate team travels all over to different franchise “hubs” to provide continued personalized coaching. Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform-
Marketing Marketing and advertising are the most important elements of operating a successful business. N-Hance has created an online wealth of marketing materials including mobile-optimized websites, press releases, stock photography, commercials and an N-Hance visualizer app to help our franchisees to market their products. We also offer personal and customized marketing consultations with each of our franchisees. These meetings help them learn the best marketing techniques for their area. Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing-
Operations Franchise can be run from home.

35% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 2

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

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Expansion Plans
 
N-Hance Franchise
The Grout Medic Franchise
US Expansion YesYes
Canada Expansion NoNo
International Expansion YesNo

Company Overviews

About N-Hance

Possess Your Own Business Restoring the Beauty Of Wood Floors and Cabinets In Your Own Protected Market.

Have you ever wanted to work for yourself? At this moment there is a chance to do only that. You can possess your own establishment in an ensured showcase, while offering a progressive new administration that is in HIGH DEMAND!

N-Hance Wood Renewal franchisees can offer an administration to shoppers that is dissimilar to whatever else is in the market. Our one of a kind procedure accomplishes unbelievable outcomes at a small amount of the cost of run of the mill wood floor and wood cupboard revamping, sparing your clients a large number of dollars! Your clients will love the way their wood floors and cupboards look.

Telecommute through an administration based establishment opportunity. With a locally established business, you have the flexibility to construct your own particular business while being upheld by a demonstrated brand and a national achievement record. N-Hance has set up an effective framework for anybody to run an establishment from home, since this profoundly looked for after private venture establishment opportunity gives people the instruments they have to really succeed!


Veteran Incentives  10% off initial down payment on franchise fee

"Top
#67 in Gator's Top franchises.
#263 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.