Granite Garage Floors logo

Granite Garage Floors

Garage floor coatings and shelving
Investment
$149,500
Initial Franchise Fee
$50,000
Units
57
Growth Rate
+185.0%

Overview

Industry
Home Improvement
Founded
2011
Franchising Since
2013
Parent Company
Threshold Brands
Leadership
Bryan McMurray, Brand Leader
# of Employees at HQ
6

Units and Growth Chart

About Granite Garage Floors

Granite Garage Floors opened its doors in 2011 in South Florida to offer homeowners quality garage flooring options. They believe their services are not only quality but industrial quality, with the company offering its commitment to customer service as the cornerstone of its growing business.

With over 10,000 completed jobs, Granite Garage Floors wishes to be the option for homeowners looking for a floor coating that looks professional and is durable. The company focuses only on garage flooring solutions, making their services and care laser-focused. This focus allows Granite Garage Floors to offer what may be an unbeatable satisfaction guarantee for customers. 

There are over 10 Granite Garage Floors locations throughout the United States and the company is actively seeking to continue to expand.

Why You May Want to Start a Granite Garage Floors Franchise

A Granite Garage Floors franchisee should be professional, take pride in their work, and pay keen attention to detail and excellence in every finished project. Granite Garage Floors is also looking for individuals who provide the best customer service possible. While mechanical and technical ability would be great, Granite Garage Floors prefers a franchisee with excellent business acumen and professionalism over experience. 

Granite Garage Floors prides itself on its quality finishes with each project it takes on. Opening a Granite Garage Floors 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.

What Might Make a Granite Garage Floors Franchise a Good Choice?

In a business world full of similar business opportunities, Granite Garage Floors may stand out as a unique investment opportunity. The Granite Garage Floors business focuses solely on flooring solutions without adding on other products and services. Additionally, the Granite Garage Floors franchise has a turnkey business model and franchise system, including everything a franchisee will need to get them started. Franchisees also have access to considerable, exclusive territories.

To be part of the Granite Garage Floors franchise 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 royalty and renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements. 

How To Open a Granite Garage Floors Franchise

As you decide if opening a Granite Garage Floors 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 a Granite Garage Floors 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 with Granite Garage Floors, 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 Granite Garage Floors franchising team questions.

Investment Details

Initial Franchise Fee
$50,000
Initial Investment
$149,500 - $222,200
Net Worth Requirement
$150,000
Cash Requirement
$50,000
Royalty Fee
6.5%
Ad Royalty Fee
2%
Technology Fee
$650/mo.
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
20% off first-unit franchise fee

Available Territories

Franchising opportunities available in the following regions

United States

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
81 hours
Classroom Training
62 hours

Ongoing Support

Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Ad Templates
Social Media
SEO
Website Development
Email Marketing

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
2-10
Are exclusive territories available?
Yes

Ranking History

Granite Garage Floors performance in the Franchise rankings over recent years

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022