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Below is an in-depth analysis and side-by-side comparison of ASP-America's Swimming Pool Company vs Groutsmith including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $101,089 - $138,344 | $27,300 - $34,400 |
Franchise Fee | $35,000 - $58,000 | $19,900 - $28,900 |
Royalty Fee | 8 - 4% | Fixed |
Advertising Fee | 1% | - |
Year Founded | 2001 | - |
Year Franchised | 2005 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/Yes | -/- |
Payroll | -/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 64 hours Classroom Training: 32 hours Additional Training: Regional training | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | * Franchise can be run from home
* 20% of all franchisees own more than one unit * Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
The Groutsmith could easily be described at the perfect business model! A home based business with low overhead, no selling, recession proof, and offering huge exclusive protected territories. It gets better: Groutsmith will provide you a detailed six year earnings statement in Item 19 of the FDD. THE OPPORTUNITY The Groutsmith Franchise is your opportunity for financial independence. With our Proven System, Products and Support and your effort and hard work, we have the winning formula. You can build a solid, respected business with incredible income potential. OUR UNIQUE AND PROVEN SYSTEM INCLUDES: * Exclusive Groutsmith Territory * 80 Hours Hands on Training * Comprehensive Start-up Package * Proprietary Groutsmith Professional Product Line * Proprietary Groutsmith Consumer Products * Vehicle Decal Package * Software Program * Proven Marketing System * Personal Intranet Page on our Extensive Site * Technical Support OTHER UNIQUE BENEFITS: * Modest Fixed Monthly Royalty * Passive Income Benefits from Consumer Purchases * Niche Business/Employees Optional THE GROUTSMITH CANDIDATE No experience required. Groutsmith is looking for people who are self-starters with a solid work history, good work ethic and strong people skills. This business could be a fit for most candidates, whether it is a hands-on individual who wants to do the work himself, or a manager who wants to hire others to do the actual service. POINTS OF DISCUSSION * Low start-up costs * Home based business * Verifiable income * Protected territories (at least 125,000 owner-occupied households) * Fixed Royalties * Income from services and products * Great hours (Mon-Fri, 8:00 - 5:00) * Call Center makes demo/estimate appointments * Proven marketing system * Two weeks training * No selling! Advertising provides leads to Call Center, Call Center sets appointments.