- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$75K - $500K
- Units as of 2022
-
2 0.0% over 3 years
Company Overview
About The Foam Garage
| Industry | Recreation |
|---|---|
| Related Categories | Miscellaneous Recreation Businesses, Party/Event Services |
| Founded | 2013 |
| Parent Company | Foam Franchise LLC |
| Leadership | Chip Coffin, President |
| Corporate Address |
140 Gross St., #116 Marietta, OH 45750 |
| Social | Facebook, LinkedIn, YouTube |
Business Overview
| Franchising Since | 2020 (5 years) |
|---|---|
| # of employees at HQ | 4 |
| Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
| # of Units | 2 (as of 2022) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a The Foam Garage 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
|
$49,500 |
|---|---|
|
Initial Investment
|
$75,000 - $500,000 |
|
Net Worth Requirement
|
$100,000 |
|
Cash Requirement
|
- $50,000 |
|
Veteran Incentives
|
10% off franchise fee |
|
Royalty Fee
|
7% |
|
Ad Royalty Fee
|
2% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | The Foam Garage 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 | 15 hours |
|---|---|
| Classroom Training | 35 hours |
| Ongoing Support |
Purchasing Co-ops
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
Yes |
|
Can this franchise be run part time?
|
Yes |
| # of employees required to run | 1-3 |
|
Are exclusive territories available?
|
Yes |
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to The Foam Garage.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
She Turned a Temporary Post-College Job Into Starting a Business at 23. Then Some 'Eye-Opening' Advice Helped Her Grow It to $5 Million.
Brooke Wilson turned a part-time, temporary role into a $5 million business with a combination of ambition, team-building and learning to delegate.
Own a The Little Gym Franchise: A Brand with 45+ Years in Child Development
Owning a The Little Gym franchise offers a unique blend of personal fulfillment, community impact, and business satisfaction.
This College Student Pitched His Parents a Business Idea. Now, He Runs a $7 Million Ice Cream Brand.
What started in a garage has scaled to 17 locations thanks to smart tech, strong culture and made-to-order desserts.
Franchising Will Outpace the U.S. Economy in 2025 — Here's How
This year, the franchise industry is on pace to outperform the U.S. economy. Here's why.
He Was a Refugee as a Child. Now, He Runs 11 Businesses — and Has an Unexpected Mantra.
Orhan Veli is now the top-performing owner at Saladworks. He has a unique business outlook.
Want Better Franchise Candidates? Start by Chasing Fewer Leads
Pursuing volume over quality franchise leads drains resources and damages brands. Here's how to shift your focus toward candidates that deliver results.
