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Below is an in-depth analysis and side-by-side comparison of Maintenance Made Simple 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 | $35,300 - $64,800 | $27,300 - $34,400 |
Franchise Fee | $20,000 | $19,900 - $28,900 |
Royalty Fee | 6% | Fixed |
Advertising Fee | 2% | - |
Year Founded | 2003 | - |
Year Franchised | 2003 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Toll-free phone line, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Franchise can be run from home. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Most of us already instinctively know what we spent over a year researching; specifically, that homeowners just aren't happy with home improvement companies. That's why Maintenance Made Simple was founded on the belief that home improvement shouldn't entail no-show repairmen, arbitrary pricing schemes, consistently dissatisfying experiences and a permeating absence of professionalism. We've built a new home maintenance industry from the ground up, with customer service, prompt service calls, reliable work and reasonable rates as our calling cards. And, surprisingly enough, it caught on fast. Now, Maintenance Made Simple is one of the fastest growing franchise systems in the home repair and remodeling industry. In fact, Entrepreneur Magazine just named the company as one of the top 500 franchises of 2008. Of course, with all this growth comes the need for quality franchisee candidates to carry on Maintenance Made Simple's tradition of excellence in home maintenance and repair. Which is why we're looking for entrepreneurial visionaries like you. Expand Your Network In areas that are franchised, Maintenance Made Simple develops strategic alliances with qualified contractors in every aspect of the home repair and remodeling industry.
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.