The Groutsmith
Home Services · Restoration Services
- Active units
- 46
- Royalty
- $1k / yr
Franchised, year-end 2025
Annual flat fee
About The Groutsmith
The Groutsmith is a reputable brand that offers top-quality tile and grout cleaning, restoration, and repair services in Sarasota, FL. With a mission to help homeowners and business owners fully appreciate the beauty and functionality of their tile and grout surfaces, The Groutsmith is dedicated to delivering outstanding results. Established in 1992, The Groutsmith recognized the need for a professional service to handle the cleaning, repairing, and restoring of tile and grout floors and showers. Their founder, Jonathan Smith, has over 35 years of experience in the construction, tile, and grout industry. He developed effective restoration processes and a range of specialized products that ensure superior results at a lower cost, saving you both time and money. At The Groutsmith, each owner, technician, and employee is highly trained and certified in grout and tile restoration. Their team is committed to providing the most advanced procedures and products available in the industry. If you're looking for professional grout and tile restoration services in Sarasota, The Groutsmith is the partner you can trust.
Key terms
- Franchise fee
$35k
- Additional/multiple franchises
50% discount on additional or multiple franchises; no additional start-up package or training included
- Local advertising
2000.0% of Net Sales
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2025, 2026.
Growth
- Total locations46
Franchised units open at year-end
- New openings1
Gross new units opened during the calendar year
- 1-year unit growth rate-4.2%
Net unit growth versus prior year
- 3-year unit CAGR-3.1%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.3×
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$46k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open1 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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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.