Large Protected Territory! 4.8 stars! Some Financing!
The Grout Medic franchise for sale in Greenville County, South Carolina
List Price: $129,500 USD
Key Facts
Annual Gross Revenue
$140,000 USD
Cash Flow
Less than $25,000
Seasonal Business
No
Value of Inventory
Less than $25,000
Value of Assets
Less than $25,000
Year Established
2020
Business Operates From
My home
Location Is
N/A
Approx. Monthly Rent
N/A
Total Employees
Less than 10
1–3 MonthsTransition
Support
SomewhatPrice/Terms
Flexibility
SomeSeller financing Available
Full-timeOwner
Involvement
About this Business
Growing Grout Medic in SC increased revenue 35% between year 1 and year 2 and earned 4.8 stars on Google!
The large East Greenville and Spartanburg SC territory is protected. The area is one of the top places people are moving to in the country with a number of houses and apartment buildings being built. That also means older homes being sold.
The owner started the business in the middle of Covid and made $100,000 in 2020!. The owner worked with a franchise coach to solve problems and improve the business. Get a head start by learning from the challenges the seller overcame.
There’s incredible room for expansion and the business could be run semi-absentee. Hands-on franchisees may enjoy the simplicity of a one-truck operation, while entrepreneurial owners may elect to expand their business by creating a multi-truck operation with additional employees. The franchise offers recurring revenue, is an asset-light and high margin home and commercial services.
Business is growing and some seller financing is available. Inquire now before it’s gone!
Growth opportunities
Market, market, market. The area is ripe for growth. Getting the company's name out there through online advertising, social media, and direct mail are great ways to start growing the business.
Owner's Day-to-Day Involvement
The owner works full-time managing the business, training the team, delegating tasks to employees, and providing customer estimates.
Additional Info
The Greenville, SC, territory is nestled up against the Blue Ridge Mountains and in the heart of South Carolina’s high country. The Greenville and Spartanburg area are nearly evenly located halfway between Charlotte, NC, and Atlanta, GA. The area acts as a bedroom community for the large businesses in both areas.
Asset Description
The buyer gets $10,000 in assets including 2 cleaning steamers, many grout color sealers, and a 2012 Honda odyssey.
Inventory Description
Inventory valued at $5,000 of grout and tile products, cleaning materials, and steamers are included in the sale.
Why I Love My Franchise
The franchise offers business coaching and a route to semi-absent, passive income.
About The Grout Medic
The Grout Medic is the complete tile and grout expert your home needs. Known for tile and grout cleaning, the franchise also offers repair, sealing, regrouting, replacement, and water damage repair services for grout and tile. The Grout Medic takes the back-breaking work out of cleaning grout and tile, enabling franchisees to be more efficient and service more clients with less physical strain. Their proprietary vapor technology does all the heavy lifting, delivering “Like New” results in just hours, not days, and saving customers up to 70% of the cost of replacement. Whether it’s bathrooms, kitchens, or entryways, The Grout Medic is the go-to solution. As part of the Premium Service Brands portfolio, which includes Maid Right and 360 Painting, The Grout Medic is backed by a network of over 1,100 locations across North America. With 40 years of experience, the franchise was selected as a top brand to thrive by Entrepreneur Magazine. The Grout Medic leads the market with cutting-edge products, equipment, and techniques, offering franchisees the opportunity to run a successful business that enhances homes and leaves them safer and more comfortable.
Franchisee Support
The Grout Medic provides franchisees with innovative training, ongoing corporate support, and one-on-one coaching to help them excel in the high-demand tile and grout cleaning and restoration industry. Franchisees receive guidance in business operations, customer service, and marketing strategies, ensuring they have the skills and resources needed to deliver top-tier service and grow their business.
Brand Accolades & Awards
The Grout Medic is featured on HomeAdvisor and Angi's List, recognized for its high-quality work and exceptional customer service. As part of Premium Service Brands, the franchise has been acknowledged for its industry leadership and cutting-edge techniques, solidifying its reputation as a go-to solution for tile and grout maintenance and restoration.
Industry / Market
The tile and grout cleaning and restoration market is projected to reach $1.8 billion by 2027, growing at a CAGR of 4.2%. As demand for home improvement and maintenance services rises, The Grout Medic is well-positioned to capture a significant share of this market with its professional, cost-effective services.
Ideal Owner
The ideal Grout Medic franchisee is detail-oriented and skilled in home improvement services. They should be customer-focused, organized, and capable of managing a team effectively. A background in construction or home repairs is beneficial, along with a commitment to delivering high-quality service and ensuring customer satisfaction.