Garage Kings

Garage Kings, the best in floor coatings category of the home services industry, install polyaspartic garage floors with the highest trained people using the best equipment.

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Garage Kings

Garage Kings Franchise Cost and Requirements for 2024

Background

The home services/repair industry is nearly $500 billion annually, and growing. One of the reasons it grows so much is because of our new normal...people spent so much time at home recently, they wanted to expand their space, maximize their space, and beautify it. Additionally, home equity has surged for most home owners in the last 5 to 7 years, making funds available to do projects.

We are in the floor coatings category of the home services industry. We install the best polyaspartic garage floors with the highest trained people using the best equipment on the market. We give homeowners more livable space to love by using the best materials and the best technique to turn the biggest room in someone's house into the best room. This service instantly transforms a large, plain space into a beautiful, functional space. We also do basements and indoor patios.

It's a simple model, and it's all about filling the funnel. Invest marketing dollars to generate leads. Turn those leads into customers using our business development system, tools and support. Rinse and repeat. Technicians do the work. Owners or estimators book the jobs and follow up with customers. The key is generating leads by investing dollars in marketing.

Company Details

Established: 2013
First Unit Franchised: 2020
Franchised Units: 52
Company Owned Units: 0 
Currently registered in all states except: CA, FL, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, UT, VA, WA, WI
Canada Franchises: No
International Franchises: No

Support and Training Offered By Garage Kings

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Cooperative Advertising: Yes
Training:
New training facility in Ohio where all franchisees attend onsite training prior to opening. There's an onboarding department, a technical training department, a business training department, a marketing department, a call center and there's also help with finance/accounting if needed.

2024 Franchise Requirements Needed to Own a Garage Kings Franchise.

What does a Garage Kings Franchise Cost?

Garage Kings franchise fees for 2024:

Cash Investment: 1 = $150,000; 3 = $250,000
Total Investment: $189,493- $238,253
Minimum Net Worth: $300,000 single/$650,000 3-pack
Franchise Fee:
1 Unit: $60,000
2 Units: $110,000
3 Units: $135,000
4 Units: $180,000
5 Units: $225,000
6-9 units: $40,000 per unit
10 +: $35,000 per unit
Royalty: 8%
Item 19: Yes
Average Number of Employees: 2
Visa Candidates: Yes
Passive Ownership: Yes
Home-Based: Yes
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes, $5,000 (1st Unit Only)

Is Garage Kings a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Garage Kings is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Garage Kings a Home Based franchise?

Yes. Garage Kings is a home based franchise opportunity.

What Do Garage Kings Franchise Owners Make?

Click here to find out how much Garage Kings franchisees make. Garage Kings offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Garage Kings a Master Franchise Opportunity?

No. Garage Kings is not a master franchise opportunity.

Does Garage Kings Offer a Veteran Discount?

No. Garage Kings franchise does not offer a veteran discount.

Does Garage Kings Work with E2 Visa and EB-5 Visa Candidates?

Yes. Garage Kings franchise does work with E2 Visa and EB-5 Visa candidates.

Is Garage Kings Looking for Franchisees in Canada?

No. Garage Kings franchise is not looking for Canada franchisees.

Is Garage Kings Looking for International franchisees?

No. Garage Kings franchise is not looking for International franchisees.

Where can I see Garage Kings's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Home Services, Repair & Restoration, Non Food Franchises

Number of Units Open

20-50 UNITS

Cash Required

$100,000 - $250,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Garage Kings Franchises for Sale

Click Here to inquire about existing Garage Kings franchises for sale. We may have Garage Kings franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.