PROLIFT Garage Doors delivers garage door installation, maintenance, and repair services. The franchise serves residential and commercial customers needing reliable garage door solutions.
Key Insights
- PROLIFT GARAGE DOORS has established a significant presence over time, developing a comprehensive system for garage door installation, repair, and maintenance. The franchise operates with a focus on efficient service delivery and customer satisfaction through a trained network of operators.
- The business leverages a proven operational model that supports franchisees in every aspect of their venture, from initial setup to ongoing growth strategies. This structure ensures consistency and quality across all locations.
- The garage door service industry is a vital component of home maintenance and new construction, experiencing steady demand. PROLIFT GARAGE DOORS participates in this essential market, providing reliable solutions for residential and commercial clients.
Franchise Fee and Costs to Open
Exploring the financial picture of PROLIFT 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 $159,100 - $224,000, along with a franchise fee of $65,000 - $65,000.
Financial Performance and Revenue
Yearly gross sales of $353,232 and estimated earnings of $42,388 - $52,985 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 4.5-6.5 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
PROLIFT GARAGE DOORS provides comprehensive initial training. This program, lasting two weeks, takes place at PROLIFT GARAGE DOORS' training facility. The franchisor offers extensive resources to new franchisees. PROLIFT GARAGE DOORS recommends leveraging these materials for business success. The company provides a robust support system designed to assist franchisees.
Legal Considerations
Legal considerations for a PROLIFT 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
Operating a PROLIFT GARAGE DOORS franchise involves navigating local market dynamics, with existing competitors vying for customer attention and market share. The business model's reliance on skilled technicians and efficient scheduling presents an operational complexity, requiring consistent training and resource management. Furthermore, securing reliable and timely access to essential parts and equipment from specific supply chains remains a continuous consideration for maintaining service delivery standards.
Franchise Datasheet
FAQs
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