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Below is an in-depth analysis and side-by-side comparison of Grout Doctor Global Franchise Corp. vs Ready Decks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $20,435 - $33,445 | $144,000 - $213,000 |
Franchise Fee | $12,000 - $16,000 | $29,000 |
Royalty Fee | 9%-6% | 5% |
Advertising Fee | - | - |
Year Founded | 1994 | 2001 |
Year Franchised | 2001 | 2005 |
Term Of Agreement | 7 years | 10 years |
Term Of Agreement | 7 years | 10 years |
Renewal Fee | $500 | $14500 |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | On-The-Job Training: 45 hours Classroom Training: 15 hours Additional Training: In Chicago | * Available at headquarters: 2 weeks * At franchisee's location: 1 week |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | - |
Marketing | Ad Templates Social media SEO Website development | - |
Operations | *Franchise can be run from home *15% of all franchisees own more than one unit *Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) | * Franchise can be run from home * Number of employees needed to run franchised unit: 2 * Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
After more then a decade of operation, The Grout Doctor is firmly established and is the only company in the industry to be ranked in Entrepreneur Magazine's 2010 TOP 500 FRANCHISES!
Ceramic tile and stone sales continue to increase rapidly, indicating a huge demand for the aftermarket care of the grout, tile and stone. With the most respected and recognized name in the business,
Grout Doctor franchisees are ideally suited to fulfill high consumer demand in this multi-million dollar industry!
Franchisees specialize in residential and commercial grout and tile maintenance. The Grout Doctor offers tile regrouting, grout cleaning and sealing, grout and tile repair, and grout staining, a process in which existing grout is colored rather than replaced.
Ready Decks has developed an innovative approach to one
of the largest segments of the home improvement market - home
decking. The tools, construction process and equipment
invented by Ready Decks, when used by trained, professional
teams of installers, enable most projects to be completed in a single
day. Other traditional contractors and builders may take much longer. Relatively low start-up costs is just one key ingredient that makes Ready Decks an excellent franchise concept and opportunity.