Question 1

How much does it cost to open a The Grout Medic franchise?

Accepted Answer

The total initial investment for a The Grout Medic franchise ranges from $122K to $175K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the The Grout Medic franchise fee?

Accepted Answer

The initial franchise fee for The Grout Medic is $65K.

Question 3

What are the net worth requirements for a The Grout Medic franchise?

Accepted Answer

Net worth requirements for The Grout Medic are specified in the Franchise Disclosure Document.

Question 4

Does The Grout Medic require a personal guarantee?

Accepted Answer

Yes, The Grout Medic requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a The Grout Medic franchise?

Accepted Answer

Equipment costs for a The Grout Medic franchise range from $5K to $10K. Initial inventory costs range from $0 to $500.