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GARAGE LIVING FRANCHISE

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.

47locations
$246K–$324K
Since 2015
ServicesVaughan, ONwww.garageliving.comDisclaimer

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Franchise Costs

Franchise Fee
$60,000
Initial Investment
$246,450 – $323,900
Royalty Rate
6.50%
Brand Fund
2.00%
Fixed Monthly Fees
$125 – $250

6.5% royalty + 2% ad fund + $125-250/mo software license fee

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$1,631,626
Median Gross Revenue
$1,470,778
Top Quartile Revenue
$2,949,020
Bottom Quartile Revenue
$653,351
Average Net Profit
$562,584.64
Average Gross Profit
$957,927.62

Data Based On: 30 franchise business operations that operate 37 territories that had been open and operating for a full 12 months ending December 31, 2025.

* Calculated average_gross_profit as Average Gross Revenue * (1 - Average Cost of Goods Sold percentage): $1,631,626 * (1 - 0.4129) = $957,927.62 Calculated average_net_profit as Average Gross Revenue * Average Gross Margin percentage (where FDD's Gross Margin is defined as Gross Sales less Cost of Goods Sold and Labor Costs): $1,631,626 * 0.3448 = $562,584.64

Extracted Item 19 Section

Avg. Revenue: $1,631,626

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How GARAGE LIVING FRANCHISE Compares

Key Insights

  • Higher investment than 92% of Home Improvement franchises
FranchiseInvestmentFeeRoyaltyLocations
GARAGE LIVING FRANCHISE
Current
$246K – $324K$60K6.5%47
BUDGET BLINDS$101K – $211K$20K3.5%1,355
Koala Insulation$195K – $242K$50K6.5%333
That 1 Painter$97K – $137K$59K6.0%315
Five Star Bath Solutions$162K – $334K$60K6.0%306
CERTA PROPAINTERS$171K – $321K$65KN/A303
Home Improvement Average
64 franchises
$142K – $255K$50K6.2%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 64 Home Improvement franchises by location count.

SBA Loan History


Historical SBA 7(a) loan data for GARAGE LIVING FRANCHISE franchisees (20172024)

Total Loans
18
Average Loan
$223,222
Total Volume
$4.0M
Default Rate
5.6%

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.

18 SBA loans on record

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Franchisee Contacts

46 franchisee contacts on file from official FDD filings.

46 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases2

Disputes with former franchisees involving unpaid fees, use of confidential IP in competing businesses, and violations of post-term restrictive covenants including trademark infringement.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
2
Transfers
0
Sold to Franchisees
0
Projected New
10

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Frequently Asked Questions

The total initial investment to open a GARAGE LIVING FRANCHISE franchise ranges from $246,450 to $323,900. This includes a franchise fee of $60,000. Ongoing royalty fees are 6.5% of gross sales.