Frequently Asked Questions
Answers About Our Garage Franchise Opportunity
Choosing to invest in a garage makeover franchise is a serious decision, and at GarageExperts®, we want to make sure that you are confident in that decision. Our garage flooring franchise offers an incredible opportunity for the right candidate. Below we have provided answers to some of the most common questions we receive from prospective owners. Read through them to learn more about our opportunity and feel free to reach out to us if you still have any questions.
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What are the qualifications to become an owner?
Our financial requirements are $65,000 in capital and $150,000 in Net Worth.
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What does your ideal candidate look like?
The GarageExperts® franchise development team is looking for candidates who want to grow their business, have a strong work ethic, and believe in our core values. Candidates who are future-minded, have an entrepreneurial spirit, and are ready to hustle are great fits for our garage organization and two-component commercial floor coating company.
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Do you require the location owner to live in the market where they would open a location?
Yes, we ask that our franchise owners live in the community they serve.
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What is involved in the initial financial pre-approval process?
Complete the franchise application that is provided to prospective owners and our Franchise Development Team will be in touch to start a conversation.
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What kind of training is offered?
GarageExperts® offers comprehensive training that consists of 5 days of training in Grapevine, TX. This is where we train new garage franchise owners on our systems, sales process, installations, and day-in-the-life. After training, our new franchise owners work closely with their business coach to put their training into practice. We also provide conferences, online university, regional/continuous training, and ongoing training webinars.
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How much can I make as a franchisee?
Please review Item 19 of our Franchise Disclosure Document (FDD) to get an idea of what you can expect as a GarageExperts® franchise owner.
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What is the initial investment range to open a location?
The minimum estimated initial investment is $97,932, with an upper range of $186,682.
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How many team members do I need to run the business?
GarageExperts® doesn’t require a specific number of employees at each of our locations. We have built a proven, innovative business model designed to help you scale your business. Through our ongoing training and support, we provide you with the tools to successfully build and grow your business.
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Do I need a brick-and-mortar location to run the business?
GarageExperts® does not require a storefront. All we require is a warehouse location with a small office, starting at 500 square feet where you can work from daily, store/receive inventory, leave equipment, meet with employees, and park vehicles.
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How long has your brand been in business?
GarageExperts® has been in business since 2008.
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What does my franchise fee cover?
The franchise fee gives you the rights to use the GarageExperts® brand, developed trademarks and resources, and the protected zip codes within their territory.
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What makes your garage franchise different?
GarageExperts® has four unique differences:
- Proven Innovative Business Model: Low Overhead, Marketing and Proprietary Products with No Minimum Inventory Stocking Requirements
- Strong Community: Belong to a Strong Community of Driven Entrepreneurs
- Fixed Royalties: Low Fixed Royalties Through Vertical Integration
- Mobile Tools: End-to-End Mobile Business Solution that Allows You to Run Your Business in the Field.
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What are the royalty fees and national advertising fees?
Our royalty fees range from $500 - $1,800. These are fixed, capped royalties This structure allows you to pocket more money as you grow your business compared to the traditional percent-based royalty structure. As a result, top performers don’t get penalized with higher royalties. Our current National Advertising fee is $500 per month. Please take a look at Item 6 from our Franchise Disclosure Document (FDD) for more information.
What does this mean?
On a $1M business, a comparative business would pay $80K, while our owners only pay $27K.
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Do you have any discounts available for veterans?
Yes, GarageExperts® offers 10% off the initial franchise fee for veterans.
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MORE QUESTIONS?If you still have some questions, don’t hesitate to reach out to the GarageExperts® team so that we can answer them for you.
Contact Our Team
