Multi-Unit Franchisee Magazine Issue I, 2013 | Page 30
MEGA
oper, Grimaud Enterprises Inc. (GEI),
which oversees 93 stores in 11 states,
from Utah to Texas to South Carolina,
and splits the royalties with the franchisor. In a unique business approach,
the Grimaud family and their partners
also operate 51 of the stores, each an
individual franchise.
“We have a development schedule,
and this model allows us the versatility of opening units ourselves or
partnering with others to open and
operate them,” he says. Always on
the lookout for the smartest deals,
Grimaud says sometimes that means
building a new unit from the ground
up or taking over an existing or closed
location and turning it into a Precision Tune winner.
Grimaud’s 74-year-old father