SealMaster vs The Grout Medic Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of SealMaster vs The Grout Medic including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$579,800 - $924,500 | $24,675 - $57,950 |
Franchise Fee |
$35,000 | $12,825 - $16,750 |
Royalty Fee |
5% | 5%-10% |
Advertising Fee |
1.5% | $75/month |
Year Founded |
1969 | 1997 |
Year Franchised |
1991 | 2001 |
Term Of Agreement |
10 years | 7 years |
Term Of Agreement |
10 years | 7 years |
Renewal Fee |
- | $2000 |
Business Experience Requirements |
Experience |
Sales experience | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/No |
Start-up Costs |
No/No | No/No |
Equipment |
No/Yes | No/No |
Inventory |
No/No | No/No |
Receivables |
No/No | No/No |
Payroll |
No/No | No/No |
Training & Support |
Training |
You and your designated manager (if any) and up to three employees will participate in an initial training and familiarization course of one to two weeks in duration. You’ll learn SealMaster® manufacturing, sales and marketing techniques, financial controls and other administrative and operational aspects of the SealMaster® business. In addition, a SealMaster® field representative will provide additional assistance at your location to help you get started. | - |
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing |
Co-op advertising, Ad slicks, National media | - |
Operations |
8% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | No |
International Expansion |
Yes | No |
Company Overviews
About SealMaster
Since 1969, SealMaster locations have been providing contractors with the supplies and equipment necessary to repair pavement. Franchises in the Sandusky, Ohio-based chain manufacture and sell pavement sealers on site. SealMaster also sells concrete products, sport surfacing, traffic paints, tanks, trailers, machines, pumps and other tools. SealMaster locations hold training seminars for contractors and others who are interested in learning more about pavement maintenance.
The total investment necessary to begin operation of a franchised
business is $579,800 to $924,500. This includes $420,000 to $585,000
that must be paid to the franchisor or their affiliate. If you are a
conversion franchisee, the total investment necessary to begin operation
of a franchised business is $64,300 to $651,000. This includes $60,000
to $425,000 that must be paid to the franchisor or their affiliate.
Veteran Incentives $10,000 off franchise fee
#292 in Franchise 500 for 2021. Not in Franchise 500 for 2020.
About The Grout Medic
The Grout Medic is the leading grout & tile restoration franchise with over 50 locations across the US. Our franchise owners come from all walks of life but they all have the same common goals; to gain control over their future and provide a better lifestyle and opportunity for themselves and their families.
The benefits of owning a Grout Medic franchise are numerous:
* Low cost investment - get started for under $25,000 including equipment
* Home based business - no long term lease commitments or expensive fit outs
* Protected territory - absolutely but rather than a one-size fits all territory The Grout
Medic will analyze demographic data including household numbers, income levels and house values in your area to ensure the best possible chance for success. Minimum recommended territory size is 200,000 population, with a majority starting at 300,000 population.
* Equipment - all equipment required to operate the business is included in the initial franchise fee as well as a supply of marketing/stationery items as well as approximately
3 months worth of product supply
* An in demand service - in today's economy home owners are looking for alternatives to expensive bathroom renovations.
We have the answer. By choosing The Grout Medic restoration process, our customers receive "Like New" results in a matter of hours...not days! AND, they save up to 70% of the cost of replacement. This makes our service more valuable than ever!The Grout Medic has developed easy to learn methods that can be taught to people from any type of work background. We offer full training from office to hands on technical training along with support every step of the way. The Grout Medic will give you the satisfaction of owning your own business while becoming part of a larger organization that is there to help you achieve your personal goals.
Find out what the future holds
today while your area is still available.