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SHELFGENIE

SHELFGENIE

ShelfGenie franchises operate mobile businesses that market, design, sell, and install customized shelving and storage solutions for cabinets, pantries, closets, garages, and other structures using patented systems. The business model involves granting franchises for these services, with franchisees serving primarily residential customers seeking efficient storage upgrades. As of late 2024, there are over 260 U.S. franchises and additional locations in Canada.

Since 2008ServicesWaco, TXNeighborly Assetco LLC (KKR-owned)www.shelfgenie.com
Item 19 AvailableSBA Loan Data

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

Investment
$95,050 - $148,100
Franchise Fee
$69,500
Locations
261

Financial Requirements

Franchise Fee$69,500
Initial Investment Range$95,050 - $148,100
Royalty Rate7.00%
Brand Fund2.00%
Fixed Monthly Fees$1,597 - $1,697

Tiered 5-7% license fee (starting at 7% of gross sales, minimum $400/mo per territory) + 2% MAP fund + $300/mo software + $147/mo technology package + $350-450/mo call center + $800/mo bookkeeping (for standard Executive with 2 territories).

Franchise Stats

Franchise Locations261
Corporate Locations20
States Operating35
Franchising Since2008
FDD Year2025

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$139,320.66
Median Gross Revenue
$99,886
Top Quartile Revenue
$182,112.25
Bottom Quartile Revenue
$76,344
Average Gross Profit
$102,448.64

Data Based On: Data from 50 Reporting Franchisees operating a total of 254 SHELFGENIE Businesses/territories during the 2024 Reporting Period.

* Financial performance data was extracted from the '2024 FRANCHISEE GROSS SALES, COST OF GOODS SOLD, GROSS MARGIN, AND ANNUAL REBATE AMOUNT' table across pages 6-8. This table provides data for individual markets/franchisees, including '# of Territories', 'Gross Sales Per Territory', and 'Gross Margin'. - The 'average_gross_revenue' was calculated as a weighted average of 'Gross Sales Per Territory' values, weighted by '# of Territories'. Calculation: (Sum of (Gross Sales Per Territory * # of Territories)) / Total # of Territories. - The 'median_gross_revenue', 'revenue_top_quartile', and 'revenue_bottom_quartile' were calculated from a list of all individual 'Gross Sales Per Territory' values, repeated for each territory within a market. - The 'average_gross_profit' was calculated by first determining the gross profit per territory for each market (Gross Sales Per Territory * Gross Margin) and then computing the weighted average of these values, weighted by '# of Territories'. - 'best_guess_profit_low' and 'best_guess_profit_high' were derived from the minimum and maximum individual Gross Profit per Territory values observed in the dataset, respectively, as no other specific profit ranges or detailed expense breakdowns were provided to estimate a narrower net profit range.

Extracted Item 19 Section

How SHELFGENIE Compares to Other Home Services Franchises

Key Insights

  • Lower than average SBA loan default rate in Home Services
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
SHELFGENIE
Current
$95K - $148K$70K7.0%261
MERRY MAIDS$127K - $166K$55K7.0%933
HOLIDAY LIGHTING HEROES$150K - $177K$127K10.0%653
SIGN GYPSIES$4K - $5K$1KN/A587
MOSQUITO AUTHORITY$54K - $128K$45K10.0%546
Culligan$130K - $814K$40K2.0%460
Home Services Average
129 franchises
$144K - $289K$53K7.0%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 129 Home Services 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 by Outlet Count
1TX
31
2FL
30
3NC
16
4OH
15
5WA
14
6VA
14
7IL
13
8GA
12
9MA
12
10TN
10
11MD
9
12SC
9
13MI
8
14CO
7
15PA
7

+19 more states

SBA Loan History

Historical SBA 7(a) loan data for SHELFGENIE franchisees (2015 - 2025)

Total Loans
21
Average Loan Amount
$373,590
Total Loan Volume
$7,845,400
Default Rate
9.5%

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)

Franchisee Litigation Cases0

No litigation involving franchisees reported in the FDD.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
21
Non-Renewals
0
Reacquired by Franchisor
0
Ceased Operations (Other)
1
System Transfers
29
Sold to Franchisees
0
Projected New Franchises
8

Frequently Asked Questions

How much does it cost to open a SHELFGENIE franchise?

The total initial investment to open a SHELFGENIE franchise ranges from $95,050 to $148,100. This includes a franchise fee of $69,500. Ongoing royalty fees are 7.0% of gross sales.

How much revenue does a SHELFGENIE franchise make?

According to the 2025 FDD, the average gross revenue for a SHELFGENIE franchise is $139,320.66. The median revenue is $99,886.

How much profit can you make with a SHELFGENIE franchise?

Based on the financial performance data in the FDD, estimated profit for a SHELFGENIE franchise ranges from $9,690.58 to $401,764.27 per year. Actual results vary based on location, management, and market conditions.

How many SHELFGENIE franchise locations are there?

As of the 2025 FDD, SHELFGENIE has 261 franchise locations. The company has been franchising since 2008.

Can you get an SBA loan for a SHELFGENIE franchise?

Yes, SBA loans are available for SHELFGENIE franchises. Historical data shows 21 SBA 7(a) loans have been approved for SHELFGENIE franchisees, with an average loan amount of $373,590. The historical default rate is 9.5%.

Is SHELFGENIE a good franchise to buy?

SHELFGENIE shows several positive indicators: established brand with 261+ locations, 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 SHELFGENIE?

Talk to a franchise advisor to get personalized guidance and learn if SHELFGENIE is the right fit for you.

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