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Below is an in-depth analysis and side-by-side comparison of The Grout Medic vs Spaulding Decon including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $24,675 - $57,950 | $122,700 - $139,200 |
Franchise Fee | $12,825 - $16,750 | $45,000 |
Royalty Fee | 5%-10% | 8% |
Advertising Fee | $75/month | 3% |
Year Founded | 1997 | 2005 |
Year Franchised | 2001 | 2015 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | $2000 | - |
Business Experience Requirements |
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Experience | - | All you need is a positive attitude and a go-getter mindset to become one of our franchisees. Net-worth Requirement $250,000 Liquid Cash Requirement $50,000 |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | On-The-Job Training: 24 hours Classroom Training: 45 hours Additional Training: Online training |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 3 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Start-Up Costs and Fees Mobile |
||
Investment | ||
$24,675 - $57,950 | ||
$122,700 - $139,200 | ||
Franchise Fee | ||
$12,825 - $16,750 | ||
$45,000 | ||
Royalty Fee | ||
5%-10% | ||
8% | ||
Advertising Fee | ||
$75/month | ||
3% | ||
Year Founded | ||
1997 | ||
2005 | ||
Year Franchised | ||
2001 | ||
2015 | ||
Term Of Agreement | ||
7 years | ||
- | ||
Renewal Fee | ||
$2000 | ||
- | ||
Business Experience Requirements |
||
Experience | ||
- | ||
All you need is a positive attitude and a go-getter mindset to become one of our franchisees. Net-worth Requirement $250,000 Liquid Cash Requirement $50,000 | ||
Financing Options |
||
In-House/3rd Party | ||
Franchise Fees | ||
No/No | ||
-/Yes | ||
Start-up Costs | ||
No/No | ||
-/Yes | ||
Equipment | ||
No/No | ||
-/Yes | ||
Inventory | ||
No/No | ||
-/Yes | ||
Receivables | ||
No/No | ||
-/- | ||
Payroll | ||
No/No | ||
-/- | ||
Training & Support |
||
Training | ||
- | ||
On-The-Job Training: 24 hours Classroom Training: 45 hours Additional Training: Online training | ||
Support | ||
- | ||
Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | ||
Marketing | ||
- | ||
Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | ||
Operations | ||
- | ||
Absentee Ownership Allowed Number of Employees Required to Run: 3 | ||
Expansion Plans |
||
US Expansion | ||
Yes | ||
Yes | ||
Canada Expansion | ||
No | ||
- | ||
International Expansion | ||
No | ||
- |