How Much Does a Groutsmith Franchise Cost?

2024 Franchise Disclosure Document (FDD) Data

A Groutsmith franchise costs between $42,500 and $49,400 in total initial investment, according to the 2024 Franchise Disclosure Document. The initial franchise fee is $34,900.

$42,500
Minimum Investment
$49,400
Maximum Investment
$34,900
Franchise Fee

Groutsmith Franchise Fee

Initial Franchise Fee $34,900
Fee Range $17,450 – $34,900
Item 7 Fee Estimate $34,900

Groutsmith Total Investment Breakdown

Here is the itemized breakdown of costs to open a Groutsmith franchise, as reported in the 2024 FDD Item 7 (Estimated Initial Investment).

Minimum Investment
Groutsmith minimum investment breakdown
Maximum Investment
Groutsmith maximum investment breakdown
Franchise Fee $34,900
Franchise Fee When you sign the Franchise Agreement unless your state requires otherwise (see State Specific Addenda) $34,900
Real Estate $0
Equipment & Assets $300 – $3,000
Vehicle (3 months) Before opening $0 – $1,500
Vehicle Insurance (3 months) Before opening $300 – $600
Computer Before opening $0 – $500
Initial Inventory (3 months) $0 – $300
Forms/Office Supplies (3 months) $0 – $100
Training $200 – $1,000
Expenses during Training $200 – $1,000
Working Capital & Reserves $800 – $3,000
Additional Funds (3 months) $800 – $3,000
Other Costs $6,300 – $7,500
Advertising (3 months) $6,000
Liability Insurance Before opening $300 – $600
Office Furniture Before opening $0 – $500
Licenses Before opening $0 – $250
Telephone/Internet (3 months) Before opening $0 – $150
Start-up Package This is covered within your initial franchise fee No additional payment due $0
Call Center (3 months) Not applicable $0
Total Estimated Investment $42,500 – $49,400

How Does Groutsmith Compare to Other Home & Commercial Services Franchises?

Groutsmith's minimum investment of $42,500 is below the Home & Commercial Services industry median. The median minimum investment for Home & Commercial Services franchises is $96,980.

$42,500
Groutsmith Min
$96,980
Home & Commercial Services Median Min
$49,400
Groutsmith Max
$165,610
Home & Commercial Services Median Max

Investment Analysis

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Frequently Asked Questions

How much does it cost to open a Groutsmith?

The total startup cost for a Groutsmith franchise ranges from $42,500 to $49,400, according to the 2024 Franchise Disclosure Document (FDD) Item 7. The largest cost category is Other Costs at $6,300 to $7,500.

How much is the Groutsmith franchise fee?

The Groutsmith franchise fee is $34,900, with a range of $17,450 to $34,900 depending on the agreement, as disclosed in the 2024 FDD. This is a one-time upfront fee paid to the franchisor and is separate from the total initial investment.

Is Groutsmith a good investment?

Groutsmith requires a total franchise investment of $42,500 to $49,400 and scores Legal Risk: 100/100, Training: 50/100 in our FDD analysis. See our full Groutsmith franchise review for a detailed assessment of risks, territory, and support.

How much does a Groutsmith franchise owner make?

Groutsmith's 2024 FDD does not include Item 19 financial performance data, so franchise owner earnings figures are not publicly available from this source.

Interested in Groutsmith?

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