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Below is an in-depth analysis and side-by-side comparison of Grout Wizard vs The Inspection Boys including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $20,615 - $33,725 | $35,000 - $55,000 |
Franchise Fee | $12,000 - $16,000 | $17,500 |
Royalty Fee | 6%-9% | 4-6% |
Advertising Fee | 3% | 3% |
Year Founded | 1997 | - |
Year Franchised | 2001 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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. | The basic requirements would include anyone with a sales background, former managers, former sales people, former business owners, former marketing executives, and anyone with mold remediation, asbestos abatement, home repair, or carpentry experience. |
Financing Options |
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In-House/3rd Party | In-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 |
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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. | Training is held in our HQ in New Jersey for 5 days. |
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) | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | No |
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%
With The Inspection Boys, you can start your own business in a
growing market by taking advantage of one of our streamlined franchise
opportunity.
You’ll immediately benefit from the power of The Inspection Boys brand and our years of experience offering successful service to
residential, commercial, and industrial customers. If you have
management experience; a desire to work with some of the best management
professionals in the business; and are willing to invest in an
established brand in the industry, please consider joining The
Inspection Boys franchise team.
Franchise System Benefits
We offer many benefits to our franchise businesses, which include: