Garage Living
Garage renovation products and services- 2023 Franchise 500 Rank
-
#433Not ranked last year
- Initial investment
-
$222K - $305K
- Units as of 2022
-
40 100.0% over 3 years
Company Overview
About Garage Living
Industry | Home Improvement |
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Related Categories | Organization/Storage Systems,Building & Remodeling,Miscellaneous Home-Improvement Businesses |
Founded | 2005 |
Parent Company | Garage Living Franchise Systems Inc. |
Leadership | Aaron Cash, President & Cofounder |
Corporate Address | 201 Chrislea Rd. 沃恩,L4L8N6 |
Social | Facebook,Twitter,LinkedIn,Instagram,YouTube,Pinterest |
Business Overview
Franchising Since | 2014(9 years) |
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# of employees at HQ | 40 |
Where seeking | This company is offering new franchisees throughout the US. This company is offering new franchisees in the following international regions: Australia/New Zealand, Canada |
# of Units | 40(as of 2022) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Garage Living franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee |
$60,000 |
---|---|
Initial Investment |
$221,750 - $305,000 |
Net Worth Requirement |
$500,000 |
Cash Requirement |
$150,000 |
Royalty Fee |
6.5% |
Ad Royalty Fee |
2% |
Term of Agreement |
5 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Garage Living has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 80 hours |
---|---|
Classroom Training | 47 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit? |
No |
Can this franchise be run part time? |
No |
Are exclusive territories available? |
Yes |
Interested in ownership opportunities like Garage Living? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Garage Living landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
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