How much does a Garage Experts franchise cost?
- Initial Franchise Fee: $15,000
- Total Investment: $51,471 to $143,992
- Working Capital: $5,000 to $12,000
How much money do franchises hold?
Specifically, U.S. franchises hold about a $41 billion piece of the pie. The average length of vehicle ownership for new and used vehicles has increased 60% in the last ten years – a big plus for Detail Garage franchisees who can help people make their car look better for longer!
How much does it cost to open a detail garage?
Return on investment. With the average Detail Garage costing less than $75,000 to open, franchisees can maximize their ROI in an industry that has an average starting cost of $300,000.
Why Detail Garage?
With a widest selection of automotive care and detailing products, tools, equipment, accessories and training; Fun, attractive facilities, and superior customer service, Detail Garage® is the destination for auto care and detailing.Detail Garage was founded with a goal of providing auto enthusiasts with the highest quality car care products available in the market today. Throughout the years, we have remained dedicated to providing only the best car care products, accessories and knowledge. Each of us at Detail Garage is committed to serving our customers and communities alike through the highest service standards.If thinking about your car gets your heart pumping, if you live and breathe the idea of fun, if you like talking about cars and hanging out with amazing people just like yourself, a Detail Garage® store could be just what you’ve been looking for.
What are the factors that determine profitability for automotive franchises?
Two big factors in profitability for automotive franchises are location and good marketing – two areas where Detail Garage helps our franchise businesses, plus through the group learning that comes from franchising our stores have an advantage over privately owned, small business operators
How much is the automotive aftermarket industry?
Detail Garages are part of the global automotive aftermarket industry (which includes all products and services purchased after the first sale of an automobile) and this industry is expected to reach $722.8 billion by 2020. Specifically, U.S. franchises hold about a $41 billion piece of the pie.
How old is the average car?
An automobile is one of the largest investments an individual will make. With the average age of a vehicle being 11.4 years; maintaining, enhancing and protecting an investment is on everyone's mind. A detail Garage Store is the destination for all car care needs.
How much does a Detail Garage franchise make?
Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 46 franchised Detail Garage locations in the USA.
How much does it cost to buy a garage force?
To buy a franchise with Garage Force, you'll need to have at least $30,000 in liquid capital and a minimum net worth of $100,000. Franchisees can expect to make a total investment of $117,900 - $185,600. Garage Force charges a franchise fee of $49,500. They also offer financing via 3rd party as well as a discount for veterans (10% Off License Fee). *
What is garage force?
Garage Force has worked tirelessly to build a reputation as one of the most dependable installers of concrete coatings for both commercial and residential markets. We have developed a product that speaks for itself and we are proud to operate a business that we can not only stand behind but feel confident asking others to join us. Be your own boss and build your own company while offering you the training and support you need to transition from working American to a business owner.
What is garage force flooring?
Garage Force franchisees sell and install the best residential and commercial flooring! Our floor coatings systems offer patented polyurea and polyaspartic floor coatings different and superior to others on the market. Our coatings are up to 20x stronger than epoxy, 100% UV resistant, and can be applied throughout the year, usually in just one day!
What is franchisee web app?
Our franchisee web-app centralizes product and system purchasing for efficiency and consistency across the organization.
Is Garage Force a franchise?
Garage Force International began offering franchise opportunities in 2014 as an expansion of our successful business model in the Minneapolis, MN market. Over the past five years, Garage Force has built a reputation as the best and most dependable concrete floor coatings installers. Offering concrete coatings for both residential and commercial applications, our franchisees have access to a proven business model created by Garage Force, offering outstanding revenue, profitability and growth potential.
How many franchise locations do they have?
As of the 2021 Franchise Disclosure Document, there are 22 franchised Hello Garage locations in the USA.
When did they begin franchising?
They began franchising in 2020. The average Organization franchise began franchising in 2004.
Section I – Garage Force Franchise Costs
- Garage Force franchise costs, based on Item 7 of the company’s 2022 FDD:
- Initial Fee: $49,500
- Initial Equipment Package: $60,000
- Initial Coating Products: $10,000
Section III – Number of Franchised and Company-Owned Garage Force Outlets
- Franchised
2019 1. Outlets at the Start of the Year: 56 2. Outlets at the End of the Year: 59 3. Net Change: +3 2020 1. Outlets at the Start of the Year: 59 2. Outlets at the End of the Year: 80 3. Net Change: +21 2021 1. Outlets at the Start of the Year: 80 2. Outlets at the End of the Year: 133 3. Net Change: +… - Company-Owned
2019 1. Outlets at the Start of the Year: 1 2. Outlets at the End of the Year: 1 3. Net Change: 0 2020 1. Outlets at the Start of the Year: 1 2. Outlets at the End of the Year: 1 3. Net Change: 0 2021 1. Outlets at the Start of the Year: 1 2. Outlets at the End of the Year: 1 3. Net Change: 0
Section IV – Background Information on The Garage Force Franchise
- 14 Things You Need to Know About the Garage Force Franchise
Uses Floor Coating That’s Stronger Than Traditional Epoxy 1. Instead of using epoxy like most garage floor coating companies, Garage Force uses polyurea coatings. Historically, epoxy has been at the leading edge of garage floor coatings, but that is no longer the case. Nowadays, poly…
Section V – Financial Performance Representations
- Garage Force has included below financial performance representations setting forth historical information on Gross Revenue and Product Costs (defined below) based upon the 21 single-unit existing...
Mission
Why Detail Garage?
- With a widest selection of automotive care and detailing products, tools, equipment, accessories and training; Fun, attractive facilities, and superior customer service, Detail Garage® is the destination for auto care and detailing.Detail Garage was founded with a goal of providing auto enthusiasts with the highest quality car care products available in the market today. Throughout …
Benefits of Franchising
- When you become a Detail Garage franchisee you have access to our proven business model and the successful results of our product testing and research. You will go to work each day knowing you personally are helping people, offering your customers only the finest quality car care products that exist in today's market, and more importantly you will be part of a worldwide famil…
Franchising Programs
- Single Store license Multi-Store licenses Co-Brand / Conversion Store licenses International Franchise 5 facts to consider aboutopening a Detail Garage. Like pets, there is a segment of the population that considers their vehicle their “baby.” With the cost of homes rising, for more and more consumers the motor vehicle will become their most valuable asset. Below are 5 facts on t…