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The Garage Floor Company

The Garage Floor Company, co-founded by Jeff Gannon and Dan Feltman, transforms garages into stylish, multifunctional spaces through premium coatings, offering franchisees a proven, support-driven model within the growing $18-$21 billion concrete repair industry and a brand built on quality, innovation, and customer satisfaction.

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The Garage Floor Company
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The Garage Floor Company Franchise Cost and Requirements for 2024

Background

Top 5 Selling Points

  • Home-Based Operation: Operate your franchise from the comfort of your home, reducing overhead costs and increasing convenience. Just your home office and a small storage space to start!
  • Low Initial Investment: Affordable entry into a lucrative market, with minimal upfront costs compared to competitors.
  • Extensive Training: Two weeks of hands-on training, including one week at the corporate location and one week at the franchise location, ensuring franchisees are well-prepared to deliver high-quality services.
  • Variety of Product Offerings: Diverse services such as coatings, concrete polishing, and garage storage solutions cater to a wide range of customer needs.
  • Large Exclusive Territories: Franchisee benefit from extensive, protected territories, providing ample opportunities for growth and market dominance.

Competitive Advantages
  • High Growth Industry: The garage transformation market is booming as homeowners repurpose garages into multifunctional spaces for entertainment, relaxation, and additional living areas.
  • Multiple Revenue Streams: Franchisees can capitalize on various revenue streams, including new home builders, remodelers, and diverse service offerings like coatings, concrete polishing, cabinets, and storage solutions.
  • Turn-Key Business Model: Comprehensive support includes SEO services, marketing, CRM systems, and all necessary equipment, ensuring immediate project opportunities and smooth operations from the start.
  • State of the Art CRM: Our robust CRM system managers client information from lead generation to invoicing, offering automated processes and detailed reporting to keep franchisees informed and efficient.
  • Flexible Business Models: Franchisees can choose between Owner-Operator or - Manager-Run models, adapting to their preferences and business goals.
  • Quick Service Turnaround: The Garage Floor Company delivers fast and efficient services, with a typical turnaround time of just 2 days. This quick service allows for a higher capacity of orders and ensures client satisfaction with minimal disruption.
  • Simple Service Model: Our straightforward business model includes all necessary equipment in the initial investment, a small starting team, comprehensive training, and a relational approach to customer aquisition. Franchisees can easily promote services, secure jobs, complete installations, and generate revenue.
  • Low Employee Count: Operations require only a two-person crew for most jobs, with flexibility for larger teams as needed. Initially, franchisees act as lead installers, hiring a full-time assistant.

Company Details

Year Business Started: 2010
Year Started Franchising: 2020
Franchised Units: 1
Company Owned Units: 3

Canada/International Franchises: No

Registered in non-registration states

Pending Registration in: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA & WI

Not Accepting Leads in: N/A

Please see a list of Sold Out Markets on the Two-Minute Drill

Average Number of Employees: 2-4 person crews needed for most jobs

Visa Candidates: No

Semi-Absentee/Executive Model/GM Model Ownership: Yes - It is recommended for the owner to start involved in the business and grow into a Manager Model

Home-Based: No - Recommended Storage unit for equipment and/or office space

B2B & B2C

Support and Training Offered By The Garage Floor Company

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: No
Cooperative Advertising: No
Training:
1st Week (40 hrs) virtual - franchisee can attend at home

2nd Week (40 hrs) in-person in Omaha, hands on training

3rd Week in Franchisee Territory pre-launch

2024 Franchise Requirements Needed to Own a The Garage Floor Company Franchise.

What does a The Garage Floor Company Franchise Cost?

The Garage Floor Company franchise fees for 2024:

Item 7 Investment Range: 1 Unit: $144,006 - $279,382 / 2 Units: $194,006 - $464,382
Minimum Net Worth: $300,000 / Minimum Liquidity: $75,000
Franchise Fee: $55,000
Royalty: 5%
Ad: NA
Item 19: Yes - 2 Corporate Locations Revenues and Expenses Disclosed in FDD
Average Number of Employees: 2-4
Visa Candidates: No
Passive Ownership: No
Home-Based: No
B2B: Yes
Master Franchise Opportunities: No
Veteran Discount: Yes

Is The Garage Floor Company a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. The Garage Floor Company is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is The Garage Floor Company a Home Based franchise?

Yes. The Garage Floor Company is a home based franchise opportunity.

What Do The Garage Floor Company Franchise Owners Make?

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

Is The Garage Floor Company a Master Franchise Opportunity?

No. The Garage Floor Company is not a master franchise opportunity.

Does The Garage Floor Company Offer a Veteran Discount?

Yes. The Garage Floor Company franchise does offer a veteran discount.

Does The Garage Floor Company Work with E2 Visa and EB-5 Visa Candidates?

No. The Garage Floor Company franchise does not work with E2 Visa and EB-5 Visa candidates.

Is The Garage Floor Company Looking for Franchisees in Canada?

No. The Garage Floor Company franchise is not looking for Canada franchisees.

Is The Garage Floor Company Looking for International franchisees?

No. The Garage Floor Company franchise is not looking for International franchisees.

Where can I see The Garage Floor Company'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

Building & Storage, Home Services, Repair & Restoration, Recently Added Franchises, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$50,000 - $100,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

No

The Garage Floor Company Franchises for Sale

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

Franchises Similar to The Garage Floor Company

TWO MEN AND A TRUCK Canada, Zippy Shell Storage and Moving, NorthStar Moving Company, HouseFix, UNITS Moving and Portable Storage, Pack It Movers, ShelfGenie, DumpStor, Temporary Wall Systems, Anchored Tiny Homes

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.

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