Grout Doctor Global Franchise Corp. vs EXOVATIONS Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Grout Doctor Global Franchise Corp. vs EXOVATIONS including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Grout Doctor Global Franchise Corp. Franchise
EXOVATIONS Franchise
Investment $20,435 - $33,445$93,050 - $158,750
Franchise Fee $12,000 - $16,000$35,000
Royalty Fee 9%-6%5%
Advertising Fee -1%
Year Founded 19941996
Year Franchised 20012006
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $500-


Business Experience Requirements

 
Grout Doctor Global Franchise Corp. Franchise
EXOVATIONS Franchise
Experience --

Financing Options

 
Grout Doctor Global Franchise Corp. Franchise
EXOVATIONS Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Grout Doctor Global Franchise Corp. Franchise
EXOVATIONS Franchise
Training On-The-Job Training: 45 hours Classroom Training: 15 hours Additional Training: In Chicago -
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform -
Marketing Ad Templates Social media SEO Website development-
Operations *Franchise can be run from home

*15% of all franchisees own more than one unit

*Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators)

-

Expansion Plans

 
Grout Doctor Global Franchise Corp. Franchise
EXOVATIONS Franchise
US Expansion Yes-
Canada Expansion NoNo
International Expansion YesNo

Company Overviews

About Grout Doctor Global Franchise Corp.

After more then a decade of operation, The Grout Doctor is firmly established and is the only company in the industry to be ranked in Entrepreneur Magazine's 2010 TOP 500 FRANCHISES! Ceramic tile and stone sales continue to increase rapidly, indicating a huge demand for the aftermarket care of the grout, tile and stone. With the most respected and recognized name in the business, 
Grout Doctor franchisees are ideally suited to fulfill high consumer demand in this multi-million dollar industry! Franchisees specialize in residential and commercial grout and tile maintenance. The Grout Doctor offers tile regrouting, grout cleaning and sealing, grout and tile repair, and grout staining, a process in which existing grout is colored rather than replaced.

Veteran Incentives  50% off franchise fee

About EXOVATIONS

EXOVATIONS solves homeowners' exterior remodeling needs with creative solutions combining curb appeal with durability. EXOVATIONS uses materials that are no or low maintenance and come with excellent warranties. In other words, EXOVATIONS create exteriors for looks and for life. By focusing our business solely on home exteriors, EXOVATIONS stays true to our strength, skill, value, and our brand. Unlike many other replacement contractors, our sales process is informative and consultative, not the high-pressure, one-call close approach. We find that the more educated and informed our customers are, the smoother the project runs and the more likely we are to gain repeat and referral business. That is why we say that we're changing home exteriors. We change the look of the home and the way business is conducted in our industry.