Signing out of account, Standby...
- 2022 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$35K - $101K
- Units as of 2021
11 1,000.0% over 3 years
Here’s what you need to know if you’re interested in opening a Access Garage Doors franchise.
Founded in 2005, Access Garage Doors is constantly expanding its offerings, which now include sun awnings and security products, as well as garage door repair and spare parts. With over ten years in the industry, Access Garage Doors prides itself on total client satisfaction resulting from technical competence, reliable customer service, and affordable prices.
Access Garage Doors began franchising in 2019 and has since opened several locations throughout the United States.
Why You Should Start an Access Garage Doors Franchise
Access Garage Doors is a residential and commercial garage door installation and automation franchise that has partnered with some of the United States’ more recognizable manufacturers, including Hormann and SWS. Access Garage Doors is also a Master Authorized Clopay dealer and an Authorized Service Provider for LiftMaster, Home Depot, Genie, Clopay, and Amarr.
Access Garage Doors franchisees are expected to instill ideals of integrity and professionalism in themselves and their employees. If you can work in this kind of environment and are ready to make a full-time commitment to a new business, you might be a good candidate as a franchisee. All training will be provided by the Access Garage Doors corporate team, so you don’t need any prior knowledge or experience in the industry.
Comprehensive support is part of the package, whether it’s marketing, financials, customer service, or leveraging national relationships with national suppliers and manufacturers. By design, the business may demand a low overhead and work within a convenient home-based structure.
What Might Make an Access Garage Doors Franchise a Good Choice?
Access Garage Doors believes it differentiates itself in the industry by focusing on the customer, believing that the business will take care of itself when they are happy. Opening an Access Garage Doors franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
To be part of the Access Garage Doors team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
How To Open an Access Garage Doors Franchise
As you decide if opening an Access Garage Doors franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if an Access Garage Doors franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Access Garage Doors franchising team questions.
If awarded a franchise, you may receive a multi-day intensive operational and technical training at Access Garage Doors’ headquarters in Hixson, Tennessee.
About Access Garage Doors
- Franchising Since
- 2019 (3 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming
- # of Units
- 11 (as of 2021)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Access Garage Doors franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $34,770 - $101,280
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 20% off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 5 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Access Garage Doors has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 60 hours
- Classroom Training
- 40 hours
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Curious to know where Access Garage Doors ranked on other franchise lists? Find out below.
Are you eager to see what else is out there? Browse more franchises that are similar to Access Garage Doors.
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