More Space Place vs The Grout Medic
More Space Place vs The Grout Medic: More Space Place costs $263K to $619K to open; The Grout Medic costs $102K to $175K. More Space Place has 6 units, The Grout Medic has 69. SBA loan history: More Space Place = 8 loans (25.0% default); The Grout Medic = 15 loans (0.0% default). The franchise with more SBA funded units, a lower SBA default rate, and a lower royalty load is the safer financing bet; see the comparison below.
More Space Place vs The Grout Medic: Capital, Scale & Lending Analysis
Analysis based on FDD filings and SBA 7(a) loan level data. Each pairing reflects a unique combination of capital intensity, system scale, and financing path.
Capital Intensity
The Grout Medic requires the lower minimum capital commitment ($102K vs $263K for More Space Place), a 157% spread. Initial franchise fees come in at $30K for More Space Place versus $65K for The Grout Medic, More Space Place has the lower entry fee. Ongoing royalty load is 6% for More Space Place and 6% for The Grout Medic, equal royalty drag.
System Scale & Tenure
On scale, The Grout Medic operates 69 units to More Space Place's 6, roughly 12× the system size.
SBA Lending Profile
The Grout Medic has the deeper SBA lending track record, with 15 7(a) approvals compared with 8 for More Space Place.
Risk Signal
SBA default rates are 25.0% for More Space Place and 0.0% for The Grout Medic, The Grout Medic has the cleaner SBA loss record by 25.0 points. PeerSense FPI scores come in at 26 (Fair) for More Space Place and 54 (Moderate) for The Grout Medic, giving The Grout Medic the stronger composite signal across SBA performance, lender appetite, and operational consistency.
Health & Performance
FPI Score | 26/100 | 54/100 |
Health Tier | Limited | Moderate |
Confidence | N/A | N/A |
Lending Trend | Declining | Declining |
SBA Lending
SBA Loans | 8 | 15 |
SBA Volume | – | – |
Default Rate | 25.0% | 0.0% |
Peer Tier | emerging | growing |
Investment & Costs
Total Investment | $263K to $619K | $102K to $175K |
Franchise Fee | $30K | $65K |
Royalty Rate | 6% | 6% |
Ad Fund | 1% | 2% |
Liquid Capital | N/A | N/A |
Net Worth Required | N/A | N/A |
Financial Performance (Item 19)
Item 19 Status | Not Disclosed | Disclosed |
System Size & Operations
Total Units | 6 | 69 |
Franchised Units | 6 | 69 |
Company Owned | – | – |
Term Length | 10 yrs | 10 yrs |
Brand Information
Year Founded | N/A | 2018 |
Franchising Since | N/A | 2021 |
Years Franchising | N/A | 5 yrs |
Headquarters | Bradenton, FL | N/A |
Category | Other Building Finishing Contractors | Other Building Finishing Contractors |
Website | ||
FDD Year | 2025 | 2025 |
Which Is Better, More Space Place or The Grout Medic?
Lower upfront capital required
The Grout Medic
More Space Place: $263K starting · The Grout Medic: $102K starting
More SBA lender confidence
The Grout Medic
More Space Place: 8 SBA loans · The Grout Medic: 15 SBA loans
Lower SBA default rate
The Grout Medic
More Space Place: 25.0% · The Grout Medic: 0.0%
Larger system & brand presence
The Grout Medic
More Space Place: 6 units · The Grout Medic: 69 units
Lower ongoing royalty load
Tie
More Space Place: 6% · The Grout Medic: 6%
More lender financing options
Tie
More Space Place: 6 unique lenders · The Grout Medic: 6 unique lenders
Decision matrix uses publicly disclosed FDD and SBA loan data. Not a recommendation. Your best franchise depends on capital, market, operating capacity, and risk tolerance.
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About These Franchises
More Space Place vs The Grout Medic: Franchise Funding Comparison
Comparing More Space Place and The Grout Medic is about more than brand preference. It's about which franchise fits your financial profile and funding strategy. Investment ranges from $102K to $619K.
More Space Place has 8 SBA loans on record and The Grout Medic has 15. Those totals are cumulative history rather than a measure of current appetite. Recent lending activity is trending down for at least one of these brands, so current lender appetite has to be checked deal by deal rather than assumed from the totals.
SBA 7(a) loans are the most common franchise funding vehicle, offering up to $5M with as little as 10% down. PeerSense connects franchise buyers with the specific lenders who have approved loans for these brands, not generic referrals, but lenders with actual franchise lending track records.
Data sourced from SBA loan records, Franchise Disclosure Documents, and public filings. Updated regularly. Not financial advice, consult with a lending professional before making investment decisions.
More Space Place vs The Grout Medic, Frequently Asked Questions
Which is a better franchise investment, More Space Place or The Grout Medic?
How much does a More Space Place franchise cost compared to The Grout Medic?
Can I finance More Space Place or The Grout Medic with an SBA loan?
Which has a lower SBA default rate, More Space Place or The Grout Medic?
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman