|
Below is an in-depth analysis and side-by-side comparison of Grout Doctor Global Franchise Corp. vs PERMA-DRY Systems including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $20,435 - $33,445 | $180,000 - And Up |
Franchise Fee | $12,000 - $16,000 | $18,500 |
Royalty Fee | 9%-6% | 5% |
Advertising Fee | - | - |
Year Founded | 1994 | 1980 |
Year Franchised | 2001 | 1990 |
Term Of Agreement | 7 years | 5 years +5 |
Term Of Agreement | 7 years | 5 years +5 |
Renewal Fee | $500 | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | On-The-Job Training: 45 hours Classroom Training: 15 hours Additional Training: In Chicago | Headquarters in Dartmouth, NS 2 Weeks |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Central Data Processing Field Operation Evaluation Field Training Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
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) | Average Number of Employees: 1 Full-time, 1 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | 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.
NO LONGER FRANCHISING
Provision of services in the restoration of concrete surfaces and structures, using products and following a repair system prescribed and developed by the franchisor. These crack repair and concrete specialists are encouraged to expand and diversify their business in any area where concrete products are used or repairs are required.