GARAGE KINGS
Garage Kings franchises specialize in the professional installation of proprietary concrete floor coating systems, including garage floor coatings, concrete resurfacing, commercial epoxy coatings, and decorative epoxy flooring, as well as garage storage solutions like cabinets, slatwall, and overhead storage, and garage door maintenance. Franchisees operate mobile businesses from approved office locations within exclusive territories, using specialized vehicles and trailers to serve residential and commercial properties. The primary target market is residential homeowners seeking high-quality, durable garage improvements, competing in a well-developed market with local, regional, and national providers.
Franchise Costs
6% royalty + 2% brand development fund + $100/wk technology fee + $375/mo point of sale system fee
Financial Performance
Item 19 Financial Performance
Data Based On: Data based on 14 submissions for Table 1, including 7 franchised locations and 7 affiliate-owned locations open for the entire Measurement Period ending December 31, 2023, and timely submitted the required information. All locations are of the same model.
* Average, median, top quartile, and bottom quartile gross revenue were calculated using 'Net Revenue' from the 'Part 1: Revenue & Disclosed Expenses' table for the 7 identified franchised locations. Gross profit was calculated as 'Net Revenue' minus 'Material and Supplies' for these locations. Net profit was calculated using 'Revenue Less Disclosed Expenses' directly from the table for these locations. The data represents performance for the Measurement Period ending December 31, 2023, as stated in the document. Percentiles were calculated using numpy.percentile.
Extracted Item 19 Section
How GARAGE KINGS Compares
Key Insights
- Higher investment than 81% of Home Improvement franchises
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
GARAGE KINGS Current | $189K – $238K | $60K | 6.0% | 27 |
| 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 (2023)
Outlets by state across the United States
+7 more states
SBA Loan History
Historical SBA 7(a) loan data for GARAGE KINGS franchisees (2021 – 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.
Due Diligence
Litigation (Item 3)
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 KINGS franchise ranges from $189,493 to $238,253. This includes a franchise fee of $60,000. Ongoing royalty fees are 6.0% of gross sales.
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