Rank no. 325 – Sir Grout Franchising LLC – US
Products & Services: Grout & tile cleaning & restoration
Number of Locations: 32
Total Investment: $74.13K – 119.77K
Began Franchising: 2007
About Sir Grout Franchising LLC
Sir Grout franchisees offer grout and stone cleaning and sealing, caulking, sandless wood refinishing, and application of slip resistant materials for both residential and commercial customers. The company, based in Alpharetta, Georgia, was started in 2004 and began franchising in 2007.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 7 years, renewable
Net Worth: $200,000
Liquid Cash Available: $50,000
Franchise can be run from home. 50% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 – 4. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
|FINANCING TYPE||IN-HOUSE||THIRD PARTY|