| ||||
Updated RecentlyGrout Doctor Global Franchise Corp. vs HOCOA Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Grout Doctor Global Franchise Corp. vs HOCOA including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $20,435 - $33,445 | $101,000 - And Up |
| Franchise Fee | $12,000 - $16,000 | $25,900 |
| Royalty Fee | 9%-6% | - |
| Advertising Fee | - | - |
| Year Founded | 1994 | 1994 |
| Year Franchised | 2001 | 1999 |
| Term Of Agreement | 7 years | - |
| Term Of Agreement | 7 years | - |
| Renewal Fee | $500 | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-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 |
||
| 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 |
||
| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
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 HOCOA
The Hocoa Franchise Opportunity is perfect for an entrepreneur that wants financial independence without a storefront or inventory. We are a home repair network for homeowners and contractors. You will get complete training, operations manual, marketing plan, artwork and custom management software. HOCOA has been in operation since 1994. Our franchises span from the west to the east coast. Franchise cost includes: *Computer Software Package, custom designed for the operation of HOCOA: *Specified Territory *Marketing Plan *Computer Training Manual *Operations Manual *Artwork and use of Recognized Logo *Support Services *Training Seminar