THE GROUT MEDIC

Franchise Information

Analyzed filing: VA · File #246833
FDD issued: Apr 28, 2025
FDD Issued: Jun 24, 2025
Extracted: Aug 1, 2026
Verified family consensus fee low critical:family=nasaa:437085:2025-06-24|consensus=70000|current=65000|support=2/3 family consensus fee high critical:family=nasaa:437085:2025-06-24|consensus=70000|current=65000|support=2/3
Franchisor Details
Name: The Grout Medic, LLC
Parent: PSB Group, LLC
Address: 126 Garrett Street, Suite J, Charlottesville, VA 22902
Phone: (434) 995-5582
Franchising Since: 2021
Industry & Qualifications
Industry
Home Services
Veteran Discount
10.0%
Franchise Fee
$65,000
Royalty
6.0%
Ad Fund: 2.0%
Total Investment
$102K - $175K
Initial Term
10 years
Renewable
Outlet Information
Total Outlets (2024)
69
Franchised
69
Opened (Last Year)
+22
Closed (Last Year)
-14
Churn Breakdown (Last Year)
Terminations
2
Non-Renewals
3
Ceased Ops
9
Transfers
0
Reacquired
0
Exclusive Territory
Yes
Protected Territory granted under Franchise Agreement
Item 19 (Financial Performance)
Disclosed
Table A presents 2023 fiscal year data while Tables B, C, D present 2024 fiscal...
Financial Performance (Item 19)
Avg Unit Volume (through Dec 2024)
$321,441
Median
$226,408
Top 25% Avg
$1,394,453
Bottom 25% Avg
$128,636
Highest
$2,610,159
Lowest
$72,823
Sample Size
45 units
Legal History
Litigation: Yes
Multiple pending actions involving affiliates including Willett v. Window Gang, LLC; 360 Painting, L...
Bankruptcy: None
Number File name Source State Filing Date Actions
242538 437085_Franchise__The_Grout_Medic_EFDID__437085_Maryland_242538.pdf
Alternate source copy · newest filing
MD Jun 24, 2025
FDD issue date
Restricted
256700 437085_Franchise__The_Grout_Medic_EFDID__437085_New York_256700.pdf
Alternate source copy
NY Jun 24, 2025
FDD issue date
Restricted
246833 437085_Franchise__The_Grout_Medic_EFDID__437085_Virginia_246833.pdf
Canonical 2025 analysis · verified
VA Apr 28, 2025
FDD issue date
Restricted
230688 437085_Franchise__The_Grout_Medic_EFDID__437085_Virginia_230688.pdf
Alternate source copy
VA Apr 28, 2025
FDD issue date
Restricted
227542 437085_Franchise__The_Grout_Medic_EFDID__437085_Maryland_227542.pdf
Alternate source copy
MD Apr 28, 2025
FDD issue date
Restricted
229746 437085_Franchise__The_Grout_Medic_EFDID__437085_Illinois_229746.pdf
Alternate source copy
IL Apr 28, 2025
FDD issue date
Restricted
638853 638853_the-grout-medic--llc.pdf
Alternate source copy
WI Apr 28, 2025
FDD issue date
Restricted
154864 437085_Franchise__The_Grout_Medic_EFDID__437085_Virginia_154864.pdf
Canonical 2024 analysis
VA May 1, 2024
FDD issue date
Restricted
171929 437085_Franchise__The_Grout_Medic_EFDID__437085_New York_171929.pdf
Alternate source copy
NY May 1, 2024
FDD issue date
Restricted
636568 636568_the-grout-medic--llc.pdf
Alternate source copy
WI May 1, 2024
FDD issue date
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115734 437085_Franchise__The_Grout_Medic_EFDID__437085_Virginia_115734.pdf
Alternate source copy
VA Mar 16, 2023
FDD issue date
Restricted
115602 437085_Franchise__The_Grout_Medic_EFDID__437085_Virginia_115602.pdf
Canonical 2023 analysis · verified
VA Mar 16, 2023
FDD issue date
Restricted
63374 437085_Franchise__The_Grout_Medic_EFDID__437085_New York_63374.pdf
Alternate source copy
NY Mar 16, 2023
FDD issue date
Restricted
49349 437085_Franchise__The_Grout_Medic_EFDID__437085_New York_49349.pdf
Alternate source copy
NY Mar 25, 2022
FDD issue date
Restricted
39820 437085_Franchise__The_Grout_Medic_EFDID__437085_New York_39820.pdf
Canonical 2022 analysis · verified
NY Mar 25, 2022
FDD issue date
Restricted
Showing 1–15 of 15 files.
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