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HELLO GARAGE

Hello Garage Franchising, LLC offers individual franchises for the operation of Hello Garage® franchised businesses that provide commercial and residential garage renovation services and related products and services under the Hello Garage Marks and System. The business model involves selling franchises for single or multi-territory operations, with initial investments ranging from $130,828 to $245,334 depending on the number of territories. The target market includes residential homeowners and commercial properties seeking garage improvements and renovations.

103
Locations
$131K–$160K
Investment
Since 2020
Franchising
ServicesPapillion, NENancy J. Thrasher 2015 Irrevocable Family Trust dated December 30, 2015Disclaimer

Franchise Costs


Franchise Fee
$49,500
Item 5 of FDD
Initial Investment Range
$130,828 $160,334
Low: $130,828High: $160,334
Item 7 of FDD
Royalty Rate
3.00%
of gross sales
Brand Fund
N/A
Item 6 of FDD
Fixed Monthly Fees
$853 – $1,341
Item 6 of FDD

3% Brand Services Fee (royalty, min $150/week) + software license fees (~$223-$246/mo) + $595/mo bookkeeping + insurance (~$233-$500/mo)

Financial Performance


Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

How HELLO GARAGE Compares


Key Insights

  • Higher than average SBA loan default rate in Home Improvement
FranchiseInvestmentFeeRoyaltyLocations
HELLO GARAGE
Current
$131K – $160K$50K3.0%103
BUDGET BLINDS$101K – $211K$20K3.5%1,366
Koala Insulation$195K – $242K$50K6.5%333
CERTA PROPAINTERS$171K – $321K$65KN/A303
FCI$184K – $249K$55K5.0%288
That 1 Painter$113K – $189K$59K6.0%265
Home Improvement Average
63 franchises
$139K – $246K$51K6.2%

* 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

Top States
1TX
20
2GA
12
3NC
10
4NY
7
5PA
6
6VA
6
7CA
5
8CO
5
9TN
5
10WA
4
11MN
3
12OH
3
13MO
2
14IN
2
15KY
2

+16 more states

SBA Loan History


Historical SBA 7(a) loan data for HELLO GARAGE franchisees (20212023)

Total Loans
21
Average Loan
$123,590
Total Volume
$2.6M
Default Rate
0.0%

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


44 franchisee contacts on file from official FDD filings.

NameSBA 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

44 Contacts Available

Unlock all HELLO GARAGE franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
1
Non-Renewals
0
Reacquired
0
Ceased Ops
29
Transfers
0
Sold to Franchisees
0
Projected New
0

Frequently Asked Questions


The total initial investment to open a HELLO GARAGE franchise ranges from $130,828 to $160,334. This includes a franchise fee of $49,500. Ongoing royalty fees are 3.0% of gross sales.

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