Groutsmith
The Groutsmith provides grout and tile restoration and maintenance services for residential and commercial properties. We repair cracked or loose tile, clean discolored grout, and replace grout that is worn or damaged. Our work helps customers refresh and extend the life of tile surfaces in homes and businesses. We operate as a mobile service business, using a truck, van, or SUV with the tools and products needed to complete the job on site. Our service model is designed to keep overhead low, without the need for a large commercial facility or inventory warehouse.
Your franchise match score
Maintenance & Cleaning Services
Brand highlights
- CEO
- Headquarters6341 Porter Road, Sarasota, FL, 34240
- Year founded1992
- Year started franchising2010
- IndustryMaintenance & Cleaning Services
- Locations open50 (-1 last three years)
Statistics & metrics
- Investment range$42,500 - $49,400
- Franchise fee$34,900
- Royalty$0 for months 1-6; $600/month for months 7-12; $800/month for year 2; $1,000/month for year 3; $1,250/month for years 4-15
- Brand fundN/A
- Required Liquid CapitalN/A
- Required Net WorthN/A
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-01-24
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Groutsmith, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Groutsmith franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Groutsmith franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Groutsmith franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Groutsmith. | |
| Financial Performance Representations | Review any financial performance information Groutsmith provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 50 |
| Franchise locations | 49 |
| Corporate locations | 1 |
System growth over time
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