PremierGarage

Garage cabinetry, floor coatings, organizers

Background

Founded: 1999 Franchising since: 2002
Address:
1616 W. Williams Dr.
Phoenix, Arizona 85027
Phone:
(866)483-4272/ (480)483-3030


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

Franchise Units
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

Where Seeking Franchisees
Nationwide
Outside the U.S.: Canada

Exclusive territories available.
Territory size: Based on demographic factors

Costs and Fees

Total investment: $76,200 - $429,500
Franchise fee: $7,500 - $150,000
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: $250,000
Cash liquidity requirement: $100,000
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);

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

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


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