Start-Up Costs and Fees |
||
| Grout Wizard | HomePros | |
| Investment | 20615 - 33725 | 101285 - 143475 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6%-9% | 7% |
| Advertising Fee | 3% | |
| Year Founded | 1997 | 2001 |
| Year Franchised | 2001 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Grout Wizard | HomePros | |
| 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. | Industry experience General business experience Basic home repair skills |
Financing Options |
||
| Grout Wizard | HomePros | |
| Franchise Fees | Yes | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Grout Wizard | HomePros | |
| 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. | |
| Support | Meetings, Internet, Security/safety procedures, Field operations/evaluations | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations |
| Marketing | Ad slicks | 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) | Franchise can be run from home. 28% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Grout Wizard | HomePros | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Washington, Wisconsin, West Virginia, Wyoming, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Grout Wizard | |
| HomePros | |
| Franchise Fee | |
| Grout Wizard | |
| HomePros | |
| Royalty Fee | |
| Grout Wizard | 6%-9% |
| HomePros | 7% |
| Advertising Fee | |
| Grout Wizard | 3% |
| HomePros | |
| Year Founded | |
| Grout Wizard | 1997 |
| HomePros | 2001 |
| Year Franchised | |
| Grout Wizard | 2001 |
| HomePros | 2002 |
| Term Of Agreement | |
| Grout Wizard | 5 years |
| HomePros | 5 years |
| Renewal Fee | |
| Grout Wizard | |
| HomePros | |
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. |
| HomePros | Industry experience General business experience Basic home repair skills |
Financing Options |
|
| Franchise Fees | |
| Grout Wizard | Yes |
| HomePros | Yes |
| Start-up Costs | |
| Grout Wizard | |
| HomePros | |
| Equipment | |
| Grout Wizard} | |
| HomePros | |
| Inventory | |
| Grout Wizard | |
| HomePros | |
| Receivables | |
| Grout Wizard | |
| HomePros | |
| Payroll | |
| Grout Wizard | |
| HomePros | |
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. |
| HomePros | |
| Support | |
| Grout Wizard | Meetings, Internet, Security/safety procedures, Field operations/evaluations |
| HomePros | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| Grout Wizard | Ad slicks |
| HomePros | Ad slicks |
| 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) |
| HomePros | Franchise can be run from home. 28% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Grout Wizard | |
| HomePros | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | |
| Grout Wizard | |
| HomePros | |
| International Expansion | |
| Grout Wizard | |
| HomePros | |