Get A Grip Resurfacing
Home Services · Flooring & Interior Services
- Active units
- 26
Franchised, year-end 2023
About Get A Grip Resurfacing
Get A Grip Resurfacing is a leading brand in the industry, specializing in transforming various surfaces to their former glory. With a strong focus on ingenuity and safety, Get A Grip offers exceptional services to homeowners, property managers, apartments, hotels, motels, resorts, and government institutions. They can restore countertops, bathtubs, showers, tile, and cabinets in your home or apartment, saving you time and money. The best part is that they complete the job in just one day! Founded in 1998, Get A Grip was built from the ground up by Ryan Dillard and his parents, Cub and Sharon Dillard. Their innovative techniques and proven products revolutionized the resurfacing industry. Today, the company leads the industry with a strong presence in over 30 locations nationwide. Get A Grip continues to prioritize trust, innovation, and passion, making them the top choice for discerning clients seeking outstanding resurfacing solutions. Get ready to experience a resurfacing revolution with Get A Grip!.
Key terms
Brand Percentile Rankings
Growth
- Total locations26
Franchised units open at year-end
- New openings4
Gross new units opened during the calendar year
- 1-year unit growth rate18.2%
Net unit growth versus prior year
- 3-year unit CAGR6.3%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio4.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment—
Midpoint of estimated initial investment range
- Time to open2 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate—
Percent of net sales paid to the franchisor
- Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 21 of 25 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.