Granite Garage Floors is a rapidly growing franchise system specializing in residential garage floor coating services with epoxy systems. The franchise has experienced exceptional growth, expanding from 15 total units in 2022 to 55 units by 2024, with all units franchised and no company-owned locations. The investment ranges from $227K-$390K with a $60K franchise fee. Financial performance shows wide variation, with median sales of $476K but top quartile averaging $1.59M, suggesting strong potential for well-executed locations. The franchise offers protected territories based on 250,000 household populations and requires owner involvement in operations. Key concerns include extensive post-term restrictions (2-year, 50-mile non-compete) and broad franchisor rights. The system shows strong stability with zero closures in 2024 and minimal historical terminations.
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Total startup costs, working capital, and financial requirements
Training, marketing support, technology, and operational assistance
Royalty, marketing, technology, and other ongoing fees
Revenue data, P&L estimates, and financial projections
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Territory rights, term length, non-compete, and transfer rules
82 legal provisions scored on a franchisee-friendliness scale
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Similar to Granite Garage Floors Franchising, LLC in category and investment range