Access Garage Doors provides garage door sales, installation, repair, and maintenance services. The franchise offers a wide selection of products and expert consultations to ensure homes and businesses have functional and durable garage doors.
Key Insights
- Access Garage Doors started with a clear vision to establish new benchmarks of excellence within their field, combining industry expertise with customer-focused innovation to create sustainable competitive advantages that benefit both franchisees and the communities they serve.
- Professional development keeps staff current with industry trends, best practices, and emerging technologies to ensure optimal service delivery and customer satisfaction while maintaining competitive advantages and adapting to changing market conditions and client expectations.
- Market consolidation trends benefit established brands with proven systems and operational expertise, creating opportunities for growth and expansion while rewarding businesses that have demonstrated consistent quality and customer satisfaction over time.
Franchise Fee and Costs to Open
Exploring the financial picture of Access Garage Doors gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $59,955 - $170,555, along with a franchise fee of $20,000 - $20,000.
Financial Performance and Revenue
Yearly gross sales of $389,855 and estimated earnings of $54,580 - $70,174 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 2.3-4.3 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Access Garage Doors provides comprehensive initial training for new franchisees. This training spans two weeks and is conducted at their corporate location. Access Garage Doors offers resources covering operational procedures, sales techniques, and marketing strategies. They recommend utilizing these tools to build a successful business.
Legal Considerations
Legal considerations for a Access Garage Doors franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Navigating a local market saturated with established competitors requires a strong differentiation strategy. The intricate nature of garage door repair and installation demands skilled technicians and efficient scheduling, presenting an ongoing operational hurdle. Furthermore, dependence on reliable suppliers for parts and equipment is crucial, as disruptions in these specific supply chains can impact service delivery and customer satisfaction.
Franchise Datasheet
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