General

Industry

Real Estate

Category

Brokerage Services

SBA Identifier

Year of Founding

2014

Fees

Marketing Fee

2%

Royalty Fee

6%

Franchise Fee

$39,500-$39,500

Investment Range

$60K-$86K

Location units

Total U.S. Locations

28

U.S. Franchised Units

28

U.S. Corporate Units

0

Headquarters (City)

Huntington Beach

Other

Item 19 - Franchise Financials

Financing Availability

-

Started Offering Franchises

2014

Issuance of FDD Data

02/25/2019

What to know about Grasons Co franchise?

The franchised business is to operate an estate sale service under the trade name Grasons Co.

Grasons Co is based in Huntington Beach, . Scroll down to learn more!

How much does a Grasons Co franchise cost?

Are you wondering how much is a Grasons Co franchise? Before starting a Grasons Co franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Grasons Co franchise is $59,650 and can go all the way up to $86,000. Keep in mind, you should also allocate additional funds to live off of while the Grasons Co business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Grasons Co franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Grasons Co business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Grasons Co franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Industry Report Request

Download our guide to compare Grasons Co. Hotels to the Brokerage Services, Outdoor Real Estate industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 11 8 4 15
2017 21 8 3 19
2018 19 14 4 28

Additional Details

How much does a Grasons Co franchise owner make?

Grasons Co franchise earnings and revenue can vary significantly from one franchisee to another.
The Grasons Co franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Grasons Co unfortunately does not disclose financials on how much Grasons Co franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Grasons Co does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Grasons Co franchisees. Do note that Grasons Co is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Grasons Co franchisees to understand how much money they are making from their Grasons Co business.

You should also speak to former Grasons Co franchisees to understand why they left the system. Did they sell their Grasons Co at a profit? Were they forced to close their Grasons Co franchise down because it kept losing money?

What is the Grasons Co franchise fee?

Owning a Grasons Co franchise requires 6% royalty fee and 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Grasons Co Franchise Disclosure Document

Keep in mind, there is also an initial Grasons Co franchise fee of $39,500 that is included in the initial investment amount of $59,650 to $86,000. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Grasons Co franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Grasons Co franchise fee of $39,500.

Visit the Grasons Co metrics tab to explore the financials for this business, royalty and marketing fees compare to other Real Estate franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Grasons Co founded?

Grasons Co started offering franchises in 2014. Grasons Co was founded 8 years ago in 2014.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Grasons Co locations are in the U.S.?

As of 2019, there were 28 locations across the U.S. There are also 0 corporate locations. Most Real Estate franchises like Grasons Co have more franchised locations than corporate locations.

How many Grasons Co franchises opened over the past few years?

Over the prior 3 years we have data for, Grasons Co has opened 30 outlets throughout the U.S. Visit the Grasons Co metrics tab to explore how the openings compare to other Real Estate franchises.

How many Grasons Co franchises closed over the past few years?

Over the prior 3 years we have data for, Grasons Co has closed 11 outlets throughout the U.S

Visit the Grasons Co metrics tab to explore how the openings compare to other Real Estate franchises.

Is Grasons Co growing? Are they opening more locations than they are closing?

The net unit growth rate for Grasons Co over the past 3 years is 155%. Over the last year we have data for, Grasons Co had a net unit growth rate of 47%.

Without a comparison, this number doesn’t mean much. Compare how the Grasons Co growth rate compares to 2,000+ other franchises and Industry franchises like Grasons Co. More info in the Grasons Co metrics tab.

Is Grasons Co franchise eligible for an SBA Loan?

Grasons Co is not eligible for SBA loans including the 7(a) loan last time we checked.

Grasons Co franchise does not have a SBA Franchise ID and was not in the SBA Franchise Directory. The SBA Franchise Directory will only include business models like Grasons Co that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria.

To find out more about the SBA loan program for franchising click here.

Is Grasons Co a franchise in the United States?

According to the SBA, Grasons Co does not meet the Federal Trade Commission (FTC) definition of a franchise.

Many popular brands like Starbucks and Topgolf are not franchises in the U.S. but franchise outside of the United States. Be sure the franchisor provides you with an updated Franchise Disclosure Document as this is one of the key indicators that the business opportunity is truly a franchise in the U.S.

The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items of about the franchise, its officers, and other franchisees. Be sure that Grasons Co provides you with an FDD if you are in discussion to buy a Grasons Co

What is the Grasons Co Franchise for Sale Rate?

The Grasons Co systemwide health and franchisee satisfaction can be measured by the Grasons Cofranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Grasons Co franchise for sale rate over the past 3 years is 29%. Over the last year we have data for, Grasons Co had a franchise for sale rate of 4%.

Without a comparison, this number doesn’t mean much. Compare how the Grasons Co franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Grasons Co. More info in the Grasons Co metrics tab.

What is the Grasons Co Franchise Failure Rate?

Grasons Co franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Grasons Co failure rate over the past 3 years is 39%. Over the last year we have data for, Grasons Co had a franchise failure rate of 14%.

Without a comparison, this number doesn’t mean much. Compare how the Grasons Co franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Grasons Co. More info in the Grasons Co metrics tab.

How can I find out more details on Grasons Co franchise?

Visit the Grasons Co metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Grasons Co

$72,825

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Grasons Co

6%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Grasons Co

$39,500

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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Franchise Disclosure Document

Not Available

General

Industry

Real Estate

Category

Brokerage Services

SBA Identifier

Year of Founding

2014

Fees

Marketing Fee

2%

Royalty Fee

6%

Franchise Fee

$39,500-$39,500

Investment Range

$60K-$86K

Location units

Total U.S. Locations

28

U.S. Franchised Units

28

U.S. Corporate Units

0

Headquarters (City)

Huntington Beach

Other

Item 19 - Franchise Financials

Financing Availability

-

Started Offering Franchises

2014

Issuance of FDD Data

02/25/2019

Detailed Franchise metrics for Grasons Co

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Grasons Co below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Grasons Co

0%

155%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Grasons Co

8%

29%

Industry median

All franchises median

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Franchise Disclosure Document

Not Available

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Grasons Co

19%

39%

Industry median

All franchises median

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Business details

Company Name

Business email

**********@******.com

Mailing address

---

State headquarters

---

Owner Name

Grasons Co

Phone

+1 (000) 0********00

City

---

Zip code

---
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