About Garage Up
Liquid Capital: $45,000
Net Worth Requirement: $250,000
Franchise Fees: $49,000
Royalty: 6%
Training and Support: Yes
Home Office: Round Rock, TX
CEO: Steven Montgomery
Investment Range $99,750 - $137,000
Garage Up is leading the way in the garage renovation products and services. Offering a cost effective opportunity to change basic garage spaces into functional and aesthetically pleasing areas. They are first full-garage renovation company in the industry, powered by ResiBrands.
Why Choose Garage Up?
Pioneering Industry Leadership:
For potential customers they offer a wide range of services. Including epoxy flooring, concrete staining, storage solutions, lighting enhancements, garage door installation and repair, and garage door opener repair. This comprehensive approach provides a good customer service and customer loyalty.
Comprehensive Support and Training:
Their Initial Management Training Program will equip you with the skills needed to provide a great customer experience. With 4 days of hands-on classroom instruction and 31 hours of virtual training you'll be well-prepared to lead your business.
ResiBrands Backing:
Franchisees enjoy support of in-house teams. That allows you to focus on delivering excellent customer experiences while growing your customer base.
Innovative Business Model:
Ideal for Owner-Operators and Semi-Absentee Investors who want to manage a thriving, home-based business. The business is a scalable model with no need for a physical storefront positioning them for long-term success.
Ideal Franchisee for Garage Up
Motivated entrepreneurs who are eager to lead a business that not only profits but also enhances customer expectations.
- Self-motivated: Passionate about owning and growing a successful business in the home services sector.
- Customer-Focused: Dedicated to delivering high-quality customer interactions and creating a positive customer feel.
- Community-Minded: Eager to build strong relationships within the local community and give back through their business.
- No Prior Experience Required: A strong business acumen and customer service experience skills are essential.
Frequently Asked Questions
What kind of support does Garage Up offer its franchisees? Extensive support through their in-house systems that include handling everything from appointment scheduling to marketing. With ongoing coaching, weekly meetings, and a dedicated support team, franchisees are never alone.
How do they stand out in the industry? As the first full-garage renovation franchise, offering a comprehensive suite of services. That includes epoxy flooring, storage solutions, and garage door repair. This all-inclusive approach, combined with top-notch customer service, gives them the market advantage.
Do I need experience in renovation? No, the franchise provides all the necessary training and support.
What is the potential for growth? The garage renovation industry is booming by providing an excellent customer service experience.
What are the financial requirements? Franchisees need $45,000 in liquid capital and a net worth of $75,000.
How do they ensure customer satisfaction? By focusing on being a great house guest and providing exceptional customer support. They have lifetime warranties on flooring and garage solutions, customers can trust that their investments are in good hands.
What are the primary sources of revenue for a franchisee?
Franchisees generate revenue primarily through a variety of services offered to customers. These services include epoxy flooring, concrete staining, storage solutions, lighting enhancements, and garage door installation and repair. Each of these services provides a revenue stream by meeting the growing demand for garage renovations and enhancements.
Is there a recurring revenue model within the Garage Up business?
They do not explicitly describe a recurring revenue model. However, the potential for customer retention and excellent word of mouth is high. With ongoing services like maintenance, repairs, and warranty work, which can create opportunities for continued revenue from loyal customers.
What initial costs and requirements?
The short term initial investment ranges from $99,750 to $137,000. which covers the cost of necessary equipment, initial inventory, and the franchise fee. Ongoing costs includes hiring customer service teams, royalty fees.
Ready to get started?
Chat with one of our expert consultants to discover:
- Insights from current franchise owners
- What to expect in terms of ROI
- Smart financing strategies tailored for this franchise
This web page does not constitute a franchise offering or an offer to sell a franchise. A franchise offering can be made by the franchise only in a state if first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if provided with an appropriate franchise disclosure document.
