Start-Up Costs and Fees |
||
| Room Evolutions | Grout Wizard | |
| Investment | 190000 - 320000 | 20615 - 33725 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 6%-9% |
| Advertising Fee | 1% | 3% |
| Year Founded | 1953 | 1997 |
| Year Franchised | 2008 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Room Evolutions | Grout Wizard | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) 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. |
Financing Options |
||
| Room Evolutions | Grout Wizard | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Room Evolutions | Grout Wizard | |
| Training | Initial one week orientation and ongoing | 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 | |
| Marketing | Marketing materials are created and available | 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) | |
Expansion Plans |
||
| Room Evolutions | Grout Wizard | |
| US Expansion | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Room Evolutions | |
| Grout Wizard | |
| Franchise Fee | |
| Room Evolutions | |
| Grout Wizard | |
| Royalty Fee | |
| Room Evolutions | 4% |
| Grout Wizard | 6%-9% |
| Advertising Fee | |
| Room Evolutions | 1% |
| Grout Wizard | 3% |
| Year Founded | |
| Room Evolutions | 1953 |
| Grout Wizard | 1997 |
| Year Franchised | |
| Room Evolutions | 2008 |
| Grout Wizard | 2001 |
| Term Of Agreement | |
| Room Evolutions | 5 years +5+5+5 |
| Grout Wizard | 5 years |
| Renewal Fee | |
| Room Evolutions | $5,000 |
| Grout Wizard | |
Business Experience Requirements |
|
| Experience | |
| Room Evolutions | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) 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. |
Financing Options |
|
| Franchise Fees | |
| Room Evolutions | No |
| Grout Wizard | No |
| Start-up Costs | |
| Room Evolutions | |
| Grout Wizard | |
| Equipment | |
| Room Evolutions} | |
| Grout Wizard | |
| Inventory | |
| Room Evolutions | |
| Grout Wizard | |
| Receivables | |
| Room Evolutions | |
| Grout Wizard | |
| Payroll | |
| Room Evolutions | |
| Grout Wizard | |
Training & Support |
|
| Training | |
| Room Evolutions | Initial one week orientation and ongoing |
| 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. |
| Support | |
| Room Evolutions | |
| Grout Wizard | Meetings, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Room Evolutions | Marketing materials are created and available |
| Grout Wizard | Ad slicks |
| Operations | |
| Room Evolutions | |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Room Evolutions | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin |
| Grout Wizard | |
| Canada Expansion | |
| Room Evolutions | |
| Grout Wizard | |
| International Expansion | |
| Room Evolutions | |
| Grout Wizard | |