About The Grout Medic
- Aggressive 20% margins AFTER they pay themselves a salary. Some owners exceed 20% margins. Going as high as 30%. - 90 Days cash flow positive. - $825.00 Average ticket cost. - Average job takes less than a day. - 5% material cost. - Average owner is doing 750K in revenue. - Simplistic model with little equipment that can fit in a small bucket. - Commercial and residential - We do a lot more than just Grout. Stone, Tile repair. Grout sealing, cleaning, coloring and replacing. Recaulking, backsplash, fireplace molding, showers, bathtubs and more. - Owner operator and semi absentee - 10% Vet Discount - Strong marketing support for high demand from customers. - Call center support. - Home Depot is a vendor of ours. They can put the Home Depot logo on their vehicle wrap. - Service Titan as our CRM.
The Grout Medic is the leader in grout and tile cleaning and restoration. We specialize in bringing grout and tile back to life. Founded in 2012 and started franchising in 2018, The Grout Medic has over 30 owners with over 60 territories in operation. Franchisees can run their business semi-absentee or as full-time owner-operators who lead the business's management side. Support from Premium Service Brands contact center, massive marketing team, and business coaches that help our franchisees find and hire employees, as a result, we are seeing explosive growth in this $1.2 billion per year industry. Let's be honest, Grout is not sexy, but our numbers and simplistic business model are! - Aggressive 20% margins AFTER they pay themselves a salary. Some owners exceed 20% margins. Going as high as 30%. - 90 Days cash flow positive. - $825.00 Average ticket cost. - Average job takes less than a day. - 5% material cost. - Average owner is doing 750K in revenue. - Simplistic model with little equipment that can fit in a small bucket. - Commercial and residential - We do a lot more than just Grout. Stone, Tile repair. Grout sealing, cleaning, coloring and replacing. Recaulking, backsplash, fireplace molding, showers, bathtubs and more. - Owner operator and semi absentee - 10% Vet Discount - Strong marketing support for high demand from customers. - Call center support. - Home Depot is a vendor of ours. They can put the Home Depot logo on their vehicle wrap. - Service Titan as our CRM.
Ideal candidate
FDD facts
| Initial franchise fee | $65K |
| Royalty | 6% |
| Total investment | $102K - $175K |
| Liquid capital required | $65K |
| Net worth requirement | $150K |
| Year founded | 2012 |
| Year began franchising | 2018 |
| Owner-operator required (Year 1) | No |
