GARAGE LIVING FRANCHISE
Garage Living franchises operate businesses that provide design, supply, and installation of residential garage organizers, cabinetry, concrete floor coatings, car lifts, garage doors, garage door operators, renovation services, and related products for garage improvements. The business model involves franchisees establishing operations in a designated territory using the proprietary 'Garage Living' system, marks, training, and standards, typically from a showroom and warehouse space. The target market is residential customers with above-average income demographics, excluding do-it-yourself consumers.
Franchise Costs
6.5% royalty + $1,200/mo marketing fund + $750-$1,500 annual software license (approx. $63-$125/mo) + up to $1,500 annual computer maintenance (approx. $125/mo)
Financial Performance
Item 19 Financial Performance
Data Based On: Data for 2024 Average Annual Gross Sales, Average Annual Costs of Goods Sold, Average Annual Gross Profit and Average Labor Costs of 29 franchise business operations that operate 37 territories that had been open and operating for a full 12 months ending December 31, 2024.
* Calculated average_gross_profit by multiplying average_gross_revenue ($1,599,240) by the average_gross_margin_pct (34.37%).
Extracted Item 19 Section
How GARAGE LIVING FRANCHISE Compares
Key Insights
- Higher investment than 95% of Home Improvement franchises
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
GARAGE LIVING FRANCHISE Current | $244K – $322K | $60K | 6.5% | 49 |
| 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
+11 more states
SBA Loan History
Historical SBA 7(a) loan data for GARAGE LIVING FRANCHISE franchisees (2017 – 2024)
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
53 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 |
53 Contacts Available
Unlock all GARAGE LIVING FRANCHISE franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Primarily post-termination non-compete violations, unpaid fees, breach of contract, and unauthorized use of intellectual property and business assets by former franchisees.
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 LIVING FRANCHISE franchise ranges from $244,450 to $321,650. This includes a franchise fee of $60,000. Ongoing royalty fees are 6.5% of gross sales.
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