Granite Garage Floors Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$60,000
Investment required
$199,000 - $400,000
Royalty fee
6.50%

Granite Garage Floors: Transforming Garages with Superior Coating Solutions

Granite Garage Floors is a prominent franchise specializing in high-quality garage floor coating solutions. Established in 2009, the franchise was founded in the United States, where it has since expanded its reach. Headquartered in Sarasota, Florida, Granite Garage Floors began its franchising journey in 2011, marking the start of its growth into a national brand.

The franchise offers a range of services focused on enhancing the appearance and durability of garage floors through advanced epoxy and polyaspartic coating systems. These coatings are designed to provide a sleek, durable, and easy-to-maintain finish, making them ideal for both residential and commercial spaces. Granite Garage Floors stands out in the competitive landscape through its emphasis on quality, innovation, and customer satisfaction.

Granite Garage Floors differentiates itself by offering a unique combination of cutting-edge technology and personalized service. Their use of proprietary coating systems, coupled with a meticulous installation process, ensures a superior finish that is both visually appealing and long-lasting.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Franchise Fee $60,000
Vehicle, Equipment and Wrap $46,800 to $150,000
Initial Inventory and Equipment $30,000 to $70,000
Rent and Improvements $0 to $6,000
Training $5,000 to $10,000
Office Furniture, Equipment and Miscellaneous Supplies $0 to $7,000
Advertising – Pre-Opening and Initial 3 Months $35,000
Business Insurance Deposits and Premiums $1,000 to $1,500
Professional Fees $1,000 to $2,000
Technology $2,500 to $5,400
Professional Service Fees and Licensing $3,000 to $8,500
Additional Funds - Initial 3 Months $15,000 to $45,000
Total $199,300 to $400,400

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Number of units

2024
Franchised units

14

14

44

Company-owned units

1

1

0

Total units

15

15

44

Franchise Disclosure Document

Training

Granite Garage Floors Franchise provides comprehensive training to ensure franchisees are well-prepared to operate their business effectively. The training includes:

  1. Initial Training: New franchisees undergo a thorough initial training program covering various aspects of the business. This includes technical training on the installation of their proprietary flooring systems, customer service skills, and operational procedures.
  2. On-Site Training: Franchisees receive hands-on training at their location, which helps them gain practical experience in applying the coatings and managing installations. This on-site support ensures that they can deliver the high-quality results that Granite Garage Floors is known for.
  3. Ongoing Support: The franchise offers continuous support and refresher courses to keep franchisees updated on new techniques, products, and industry best practices. This ongoing training helps maintain consistency and quality across all franchise locations.
  4. Marketing and Sales Training: Franchisees are trained in effective marketing strategies and sales techniques to help them attract and retain customers. This includes guidance on local advertising, digital marketing, and leveraging the franchise's brand reputation.

Territory Protection

Granite Garage Floors franchise provides territory protection to its franchisees to ensure they have a defined and exclusive area for their operations. This protection means that no other Granite Garage Floors franchisee will be located within the agreed-upon territory, reducing competition and helping franchisees build a strong customer base within their designated area.

The territory protection is designed to support franchisees in growing their business without the concern of overlapping markets. By limiting the number of franchise locations within a specific geographic region, Granite Garage Floors helps franchisees maximize their market potential and achieve greater business success.

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