Garage Force is a garage improvement brand offering floor coatings and storage solutions. The franchise provides concrete repair and customized organization systems.
Key Insights
- Garage Force began with a vision to revolutionize garage floor coatings, focusing on durability and aesthetic appeal. The franchise has grown by establishing a strong network of skilled applicators dedicated to providing exceptional customer service and high-quality installations across diverse residential and commercial spaces.
- The business operates by offering a comprehensive system for concrete floor resurfacing and protection, utilizing proprietary products and streamlined processes. Franchisees benefit from established operational models and ongoing support designed to facilitate market penetration and efficient project management.
- The industry served by Garage Force involves enhancing and protecting concrete surfaces, a sector experiencing demand for innovative and long-lasting solutions. This market segment caters to homeowners seeking improved aesthetics and functionality for their garages, as well as businesses requiring durable, low-maintenance flooring.
Franchise Fee and Costs to Open
Exploring the financial picture of Garage Force 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 $132,900 - $200,600, along with a franchise fee of $49,500 - $49,500.
Financial Performance and Revenue
Yearly gross sales of $440,940 and estimated earnings of $61,732 - $79,370 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 2.9-4.9 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
Garage Force provides comprehensive training for new franchisees. This initial training spans two weeks and takes place at Garage Force headquarters. Resources include operational manuals and ongoing support. Garage Force offers access to marketing materials and a proven business model.
Legal Considerations
Legal considerations for a Garage Force 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
New franchisees may encounter considerations such as establishing a presence amidst existing local service providers, effectively managing the daily demands of installations and customer service, and navigating the availability and cost of specialized materials. Understanding these elements can be instrumental in building a strong foundation for their new venture.
Franchise Datasheet
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