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Garage Kings

Garage Kings

Website FDD: June 27, 2024
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Investment Range

$189,493 - $238,253

Franchise Fee

$55,000

Royalty

6%

Marketing Fee

7%

Total Units

32

Median Revenue

$739,108/yr

Unit Growth

Last 5 years

2021

23

+8.7%

2022

25

+28.0%

2023

32

Initial Investment Breakdown

CategoryLowHigh
Initial Franchise Fee$60,000$60,000
Training Fee (Note 1)$7,500$7,500
Additional Training Expenses (Note 1)$5,300$10,000
Storage Space (Note 2)$0$500
Initial Equipment Package (Note 3)$45,548$45,548
+ 10 more categories (apply to see all)
TOTAL INVESTMENT$189,493$238,253

Financial Performance Data

Access detailed revenue metrics, expense breakdowns, and profitability data from the Item 19 Financial Performance Representation.

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Franchisee Contact Directory

53

Connect directly with existing franchise owners to learn about their experience, get real insights, and validate your decision.

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Is Garage Kings a Good Investment?

Based on the FDD data, here are key factors to consider when evaluating a Garage Kings franchise opportunity:

Potential Advantages

  • Strong growth trajectory with 28.0% year-over-year expansion
  • Financial Performance Representation (Item 19) available for review

Considerations

  • Smaller franchise network may offer less brand recognition
  • Litigation history disclosed in FDD (review Item 3 carefully)

Disclaimer: This analysis is based on publicly available FDD data and should not be considered financial advice. Always consult with a franchise attorney and accountant before making any investment decision.

Frequently Asked Questions About Garage Kings

How much does a Garage Kings franchise cost?

The total initial investment for a Garage Kings franchise ranges from $189,493 to $238,253. This includes the franchise fee, equipment, inventory, real estate, and other startup costs as disclosed in the FDD.

What is the Garage Kings franchise fee?

The initial franchise fee for Garage Kings ranges from $55,000 to $60,000.

What are the ongoing fees for a Garage Kings franchise?

Garage Kings franchisees pay a 6% royalty fee and a 7% marketing/advertising fee on an ongoing basis.

How many Garage Kings franchise locations are there?

Garage Kings currently operates 32 franchise locations. This includes both franchised and company-owned units.

Quick Facts

Litigation Disclosed
Bankruptcy None
Protected Territory Yes
Item 19 (FPR) Available
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  • Financial performance metrics
  • Franchisee contact directory
  • Historical year-over-year trends
  • Side-by-side brand comparisons
  • Download FDD documents

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