Garage Experts
Garage Experts franchises operate as primarily mobile businesses offering customized residential garage floor coating and storage solutions, as well as industrial floor coatings for retail stores and commercial buildings, using the proprietary GarageExperts system and standards. Franchisees must maintain an approved office and warehouse for receiving supplies and products. The target market includes homeowners seeking garage improvements and commercial clients needing durable floor coatings.
Franchise Costs
6% royalty + 1.5% ad fund + $450/mo technology + $250-300/mo bookkeeping + $50-100/mo QuickBooks + $40/mo brand reputation fee
Financial Performance
Item 19 Financial Performance
Data Based On: 47 single unit franchise owners who operated a single territory for the entirety of 2024 that were eligible.
* All values were extracted directly from the 'Financial Performance Representation #1-Single Territory Owners/ Average Annual Gross Sales 2024' section. No complex calculations were required.
Extracted Item 19 Section
How Garage Experts Compares
Key Insights
- Higher than average SBA loan default rate in Home Improvement
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Garage Experts Current | $116K – $226K | $50K | 6.0% | 104 |
| BUDGET BLINDS | $101K – $211K | $20K | 3.5% | 1,366 |
| Koala Insulation | $195K – $242K | $50K | 6.5% | 333 |
| CERTA PROPAINTERS | $171K – $321K | $65K | N/A | 303 |
| FCI | $184K – $249K | $55K | 5.0% | 288 |
| That 1 Painter | $113K – $189K | $59K | 6.0% | 265 |
Home Improvement Average 63 franchises | $139K – $246K | $51K | 6.2% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 63 Home Improvement franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+22 more states
SBA Loan History
Historical SBA 7(a) loan data for Garage Experts franchisees (2018 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
2 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
2 Contacts Available
Unlock all Garage Experts franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Claims by a former member of a former franchisee alleging fraud, conversion, tortious interference with business relationships, breach of contract, unjust enrichment, and civil conspiracy.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a Garage Experts franchise ranges from $115,600 to $226,000. This includes a franchise fee of $50,000. Ongoing royalty fees are 6.0% of gross sales.
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