Garage Living Franchise Analysis

Franchise Opportunity Info

Garage Living provides design, supply and installation of residential garage organizers, cabinetry, concrete floor coatings, car lifts, garage doors, and additional products and services.

What are the requirements to buy a Garage Living franchise?

Garage Living has an initial franchise fee of up to $60,000, with a total upfront investment range from $221,750 to $305,000.

• Initial Franchise Fee: $60,000
• Total Investment: $221,750 to $305,000
• Working Capital: $20,000 to $40,000
• Royalty Fee: 6.5%

The initial investment of any franchise opportunity includes many fees. Unlock this franchise opportunity to better understand the initial costs required to own a Garage Living, such as franchise fees, construction and costs, grand opening marketing, and technology fees. It should be noted that, franchisors must to disclose all upfront fees. These are not only fees that are actually paid, but also commitments to fees you are required to pay. Another important consideration to review is whether the initial fees are refundable to you or not. The franchisor must disclose what criteria any of the initial fees are refundable. A franchise must also provide details of a range of fees if their upfront fees are not the same within the system. A careful review of the Item 5 upfront fees will provide you answers needed to make an informed investment decision this franchise.

Can you Afford a Garage Living Franchise. Complete our Affordability Calculator to find out!

How much does a Garage Living franchise owner make?

As with any new franchised business, there needs to be a strong ROI and net profit potential. The specific franchise owner's income and the revenue from a Garage Living business depends on a lot of different factors. One way to validate the potential revenues or profits generated from a Garage Living franchise investment is to review the franchisor's Item 19 within their FDD. This is called a financial performance representation. This is an option for franchisors within their disclosure and approximately 68% of all franchisors that we analyze each year will disclose financial performance data within Item 19 of their FDD. Some franchisors may provide limited information such as average gross revenues. This type of information is not always helpful to assess profitability for you directly. So review systemwide sales data with caution. As a general rule, usually earnings and owner's salary are proportionate to the overall size of the upfront investment. The larger the initial investment, the larger return you could anticipate

For additional information and system-specific data on the revenue of a Garage Living franchise opportunity, unlock this franchise

How many franchise outlets do they have?

As of the 2020 Franchise Disclosure Document, there are 20 franchised Garage Living locations in the United States.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any Garage Living franchise opportunities in my area?

Based on 2020 FDD research, Garage Living has franchised locations in 21 states. There may be zero outlets in several states as each franchise company plans their growth strategy differently.

Based on the data collected this franchise opportunity is expanding into new cities and could be available near you.

One of our researchers will have detailed knowledge about this franchise. Unlock to learn more and talk with our advisors.

Last Reviewed: 2020