Grout Wizard vs EXOVATIONS Franchise Comparison

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

Start-Up Costs and Fees
 
Grout Wizard Franchise
EXOVATIONS Franchise
Investment $20,615 - $33,725$93,050 - $158,750
Franchise Fee $12,000 - $16,000$35,000
Royalty Fee 6%-9%5%
Advertising Fee 3%1%
Year Founded 19971996
Year Franchised 20012006
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Grout Wizard Franchise
EXOVATIONS Franchise
Experience You need no previous business nor technical experience at all. Franchisees come from all backgrounds, ages and genders. The Company will teach you every phase of the business step by step. All you need is the desire to own and operate your own business.-

Financing Options
 
Grout Wizard Franchise
EXOVATIONS Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Grout Wizard Franchise
EXOVATIONS Franchise
Training There is a required 5-day, in depth, hands on training program that all Franchisees must successfully complete. Each Franchisee will be provided with the details of GROUT WIZARD procedures, methods of operations, sales techniques, communications, advertising, managing employees, interacting with customers and every aspect of operating a successful GROUT WIZARD business. -
Support Meetings, Internet, Security/safety procedures, Field operations/evaluations-
Marketing Ad slicks-
Operations Franchise can be run from home.

Number of employees needed to run franchised unit: 2 - 4

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

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Expansion Plans
 
Grout Wizard Franchise
EXOVATIONS Franchise
US Expansion --
Canada Expansion NoNo
International Expansion YesNo

Company Overviews

About Grout Wizard

The GROUT WIZARD business was created out of a strong need in the marketplace for someone to do small grout restoration jobs. Tile contractors receive many calls for grout work but are typically only interested in large tile installation jobs. Our GROUT WIZARDS are highly qualified grout specialists who clean and seal grout, remove and replace grout with the tile left in place, and change the color of existing grout without removing either the tile or grout. The GROUT WIZARD uses market research to measure market potential and to determine the best possible territory for each Franchisee. Market research includes such factors as demographics, population households, median income, median home value, media types available and geographical analysis with census data by zip code, city, county and state. Your territory is exclusive and protected to the degree that the GROUT WIZARD will not compete with a Franchisee by selling an additional Franchise or opening an operation within the Franchisees territory. The Company will provide you with all the tools to succeed by offering opportunity, products, services, experience, training and support. A GROUT WIZARD Franchise gives the Franchisee the opportunity to enhance their business prospects Being a Franchisee allows an individual to have a close association with a parent company who remains in the background to help facilitate growth and market presence, while the Franchisee still has control over his/her business.

Discounts: 1st in State 30% Military Vet 30%

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.