What does a Garage Kings Franchise Cost?
Garage Kings franchise fees for 2023:
Cash Investment: 1 = $100,000; 3 = $250,000
Total Investment: $176,422
Minimum Net Worth: 250,000 single/650,000 3-pack
Franchise Fee: $60,000
Item 19: Yes
Average Number of Employees: 2
Visa Candidates: Yes
Passive Ownership: Yes
Master Franchise Opportunities: No
Veteran Discount: YES
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.