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Entrepreneur: Start & Grow Your Business

Garage Floor Coating.com

Epoxy coating for garage floors & concrete surfaces

Background

Founded: 1996 Franchising since: 2007
3801 E. Roeser, #1
Phoenix, Arizona 85040
Phone:
(602)579-2628


Franchisor is a privately-held company with 30 employee(s); 5 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 7 0 0 1
2006 N/A N/A N/A 1
2005 N/A N/A N/A 1

Where Seeking Franchisees
In the U.S. Alabama, Arkansas, Arizona, Colorado, Florida, Georgia, Idaho, Kansas, Kentucky, Louisiana, Missouri, Mississippi, North carolina, New mexico, Nevada, Oklahoma, Oregon, South carolina, Tennessee, Texas, United states, Utah, Virginia, Washington, West virginia, Wyoming
Outside the U.S.: Canada

Costs and Fees

Total investment: $150K
Franchise fee: $35K
Ongoing royalty fee: 7.5%
Term of agreement: 10 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: $150K
Cash liquidity requirement: $100K

Operations
  • Franchise can be run from home
  • Number of employees needed to run franchised unit: 2 - 3
  • Absentee ownership of franchise is NOT allowed.

Training and Support

Training
  • Available at headquarters: 2 weeks
  • At franchisee's location: 3 days

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

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Other marketing support
  • Advertising management