Start-Up Costs and Fees |
||
| Grout Wizard | CRATE | |
| Investment | 20615 - 33725 | 100424 - 177999 |
| Franchise Fee | 0 | |
| Royalty Fee | 6%-9% | 2%-4% |
| Advertising Fee | 3% | $38,500 - $42,000 annually |
| Year Founded | 1997 | 2011 |
| Year Franchised | 2001 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Grout Wizard | CRATE | |
| Experience | You need no previous business nor technical experience at all. Franchisees come from all backgrounds, ages and genders. The Company will teach you every phase of the business step by step. All you need is the desire to own and operate your own business. | We're looking to partner with motivated entrepreneurs who have liquid funds amounting to at least 150% of the figures listed in Item 7 of CRATE's Franchise Disclosure Document, and proper licensing. |
Financing Options |
||
| Grout Wizard | CRATE | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Grout Wizard | CRATE | |
| Training | There is a required 5-day, in depth, hands on training program that all Franchisees must successfully complete. Each Franchisee will be provided with the details of GROUT WIZARD procedures, methods of operations, sales techniques, communications, advertising, managing employees, interacting with customers and every aspect of operating a successful GROUT WIZARD business. | Ongoing |
| Support | Meetings, Internet, Security/safety procedures, Field operations/evaluations | CRATE franchisees receive ongoing training and support with everything from lead screening, marketing, sales, project management, field implementation, and security/safety procedures. CRATE's 24/7 support team offers contractors the benefit of warmed up leads and setting up initial walk-throughs. |
| Marketing | Ad slicks | |
| Operations | Franchise can be run from home. Number of employees needed to run franchised unit: 2 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Our time-tested business model equips contractors with the necessary tools to offer a residential construction business which offers affordable remodeling for kitchens and bathrooms to customers wishing to implement a high-end renovation to an existing kitchen or bathroom layout. Our system is designed to maximized efficiency, as well as profit-per-workday. |
Expansion Plans |
||
| Grout Wizard | CRATE | |
| US Expansion | Arizona, California, Nevada, Oregon | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Grout Wizard | |
| CRATE | |
| Franchise Fee | |
| Grout Wizard | |
| CRATE | |
| Royalty Fee | |
| Grout Wizard | 6%-9% |
| CRATE | 2%-4% |
| Advertising Fee | |
| Grout Wizard | 3% |
| CRATE | $38,500 - $42,000 annually |
| Year Founded | |
| Grout Wizard | 1997 |
| CRATE | 2011 |
| Year Franchised | |
| Grout Wizard | 2001 |
| CRATE | 2015 |
| Term Of Agreement | |
| Grout Wizard | 5 years |
| CRATE | |
| Renewal Fee | |
| Grout Wizard | |
| CRATE | |
Business Experience Requirements |
|
| Experience | |
| Grout Wizard | You need no previous business nor technical experience at all. Franchisees come from all backgrounds, ages and genders. The Company will teach you every phase of the business step by step. All you need is the desire to own and operate your own business. |
| CRATE | We're looking to partner with motivated entrepreneurs who have liquid funds amounting to at least 150% of the figures listed in Item 7 of CRATE's Franchise Disclosure Document, and proper licensing. |
Financing Options |
|
| Franchise Fees | |
| Grout Wizard | Yes |
| CRATE | Yes |
| Start-up Costs | |
| Grout Wizard | |
| CRATE | |
| Equipment | |
| Grout Wizard} | |
| CRATE | |
| Inventory | |
| Grout Wizard | |
| CRATE | |
| Receivables | |
| Grout Wizard | |
| CRATE | |
| Payroll | |
| Grout Wizard | |
| CRATE | |
Training & Support |
|
| Training | |
| Grout Wizard | There is a required 5-day, in depth, hands on training program that all Franchisees must successfully complete. Each Franchisee will be provided with the details of GROUT WIZARD procedures, methods of operations, sales techniques, communications, advertising, managing employees, interacting with customers and every aspect of operating a successful GROUT WIZARD business. |
| CRATE | Ongoing |
| Support | |
| Grout Wizard | Meetings, Internet, Security/safety procedures, Field operations/evaluations |
| CRATE | CRATE franchisees receive ongoing training and support with everything from lead screening, marketing, sales, project management, field implementation, and security/safety procedures. CRATE's 24/7 support team offers contractors the benefit of warmed up leads and setting up initial walk-throughs. |
| Marketing | |
| Grout Wizard | Ad slicks |
| CRATE | |
| Operations | |
| Grout Wizard | Franchise can be run from home. Number of employees needed to run franchised unit: 2 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| CRATE | Our time-tested business model equips contractors with the necessary tools to offer a residential construction business which offers affordable remodeling for kitchens and bathrooms to customers wishing to implement a high-end renovation to an existing kitchen or bathroom layout. Our system is designed to maximized efficiency, as well as profit-per-workday. |
Expansion Plans |
|
| US Expansion | |
| Grout Wizard | |
| CRATE | Arizona, California, Nevada, Oregon |
| Canada Expansion | |
| Grout Wizard | |
| CRATE | |
| International Expansion | |
| Grout Wizard | |
| CRATE | |