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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
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)
Franchise Stats
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 to Other Home Improvement Franchises
Key Insights
- Higher investment than 94% of Home Improvement franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
GARAGE LIVING FRANCHISE Current | $244K - $322K | $60K | 6.5% | 49 |
| BUDGET BLINDS | $101K - $211K | $20K | 3.5% | 1,366 |
| Koala Insulation | $189K - $234K | $50K | 6.5% | 395 |
| 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 | $140K - $247K | $52K | 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
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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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)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a GARAGE LIVING FRANCHISE franchise?
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.
How much revenue does a GARAGE LIVING FRANCHISE franchise make?
According to the 2025 FDD, the average gross revenue for a GARAGE LIVING FRANCHISE franchise is $1,599,240. The median revenue is $1,425,714.
How many GARAGE LIVING FRANCHISE franchise locations are there?
As of the 2025 FDD, GARAGE LIVING FRANCHISE has 49 franchise locations. The company has been franchising since 2015.
Can you get an SBA loan for a GARAGE LIVING FRANCHISE franchise?
Yes, SBA loans are available for GARAGE LIVING FRANCHISE franchises. Historical data shows 18 SBA 7(a) loans have been approved for GARAGE LIVING FRANCHISE franchisees, with an average loan amount of $223,222. The historical default rate is 5.6%.
Is GARAGE LIVING FRANCHISE a good franchise to buy?
GARAGE LIVING FRANCHISE shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in GARAGE LIVING FRANCHISE?
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