PremierGarage

Garage cabinetry, floor coatings, organizers

Background

Founded: 1999 Franchising since: 2002
1616 W. Williams Dr.
Phoenix, AZ 85027
Phone:
(866)483-4272


Franchisor is a privately-held company with 45 employee(s); 13 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 69 5 0 1
2008 78 5 0 1
2007 79 7 0 1
2006 69 4 0 1
2005 53 1 0 2

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada

Exclusive territories available.
Territory size: Based on demographic factors

Costs and Fees

Total investment: $76.2K-429.5K
Franchise fee: $7.5K-150K
Ongoing royalty fee: $750-7.5K/yr.
Term of agreement: 5 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $100K
Business Experience:
  • General business experience

Operations
  • 10% of all franchisees own more than one unit
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 weeks

Ongoing Support
  • Meetings
  • Toll-free phone line
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Ad slicks

Other marketing support
  • Brochures & all printed materials

Rankings

Franchise 500® rank:
#469 (2008); #208 (2007); #237 (2006); #453 (2005);

Ranked #1 in category in:
2007; 2006;

Top New Ranking:
#12 (2007); #11 (2006); #46 (2005);

America's Top Global Franchises:
#152 (2007);


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