Garage Living franchise research

Investment by format

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.18 ↗

Franchise fees and ongoing costs

Franchise fee

$30,000 to $60,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.

Royalty

6.5% · $2,000 · Primary Market: 6.5% of Gross Revenue, reported monthly (due 7th, paid 15th); Secondary Market: flat monthly fee instead of a percentage

Marketing contribution

2% (basis not captured; see original filing)

Technology fee

Software License Fees $1,500-$3,000/yr (primary) or $750-$1,500/yr (secondary); plus optional Computer System Maintenance up to $1,500/yr

Other fees

Local marketing 3%-6% of Gross Revenue; Management fee 5% of Gross Revenue if franchisor must step in to manage; Interest on overdue amounts at 15%/yr

Working capital (FDD Item 7)

Primary market $30,000-$50,000; Secondary market $10,000-$15,000 — working capital for payroll, supplies, utilities, Royalty and Marketing Fees for the first 3 months of operation, excluding any sales revenue generated in that period.

Fees sourceFDD p.12 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.18 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured

Yes

Metric / basis

Average/median/quartile Gross Sales, Average/Median Cost of Goods Sold %, Average/Median Labor Costs %, and Average/Median Gross Margin % for U.S. franchised operations

Reporting period

FY2025 (full 12 months ending December 31, 2025)

Sample

30 franchise business operations operating 37 territories (out of 41 total U.S. franchised territories / 34 business operations), open and operating for a full 12 months; excludes 4 non-conforming operations (4 territories) and Canadian operations

Reported average

$1,631,626

Reported median

$1,470,778

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.46 ↗

Unit growth: Item 20

Reporting year

2025

Scope

franchised outlets

Starting outlets

49

Year-end outlets

47

Net change

-2

Derivation

ending minus starting outlets

Openings

0

Terminations

0

Non-renewals

0

Other closures

2

Reacquisitions

0

Transfers

0

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.47 ↗

SBA loan history

Loan activity

12 approvals

Activity window

FY2021-FY2026 YTD; snapshot 2026-06-30

Median SBA loan

$350,000

Median loan window

FY2023-FY2026 YTD through 2026-06-30

Median loan sample

9 loans

Historical charge-off share

Suppressed: fewer than 10 seasoned loans

Cohort

7(a) FY2010-2019 approvals

Numerator / denominator

1 / 8

Formula

CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Garage Living franchise cost?

primary market: $246,450 to $323,900; secondary market: $122,250 to $165,000 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $30,000 to $60,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.18 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Garage Living owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Average/median/quartile Gross Sales, Average/Median Cost of Goods Sold %, Average/Median Labor Costs %, and Average/Median Gross Margin % for U.S. franchised operations. Sample: 30 franchise business operations operating 37 territories (out of 41 total U.S. franchised territories / 34 business operations), open and operating for a full 12 months; excludes 4 non-conforming operations (4 territories) and Canadian operations. Period: FY2025 (full 12 months ending December 31, 2025).

Item 19 performance sourceFDD p.46 ↗

What's the SBA charge-off rate for Garage Living?

Suppressed: fewer than 10 seasoned loans; numerator / denominator: 1 / 8. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $350,000; window: FY2023-FY2026 YTD through 2026-06-30; sample: 9 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗