The garage: as the homeowner’s usual entry, it should be a welcoming, inviting gateway where people can shed the worries of work or society’s pressures and relax.
Garages, however, are usually cluttered catch-all spaces where sports equipment, seasonal decor, and other junk pile up. Garage remodel franchises have sprung up to save garages and transform them into something much more livable or even enjoyable.
So what do garage remodeling franchises do, exactly? Are they trendy investments, or are they here to stay?
What is a Garage Remodel Franchise, Exactly?
It may sound simple, but there are multiple types of garage makeover franchises, so it’s worth looking into what they can do.
A garage remodel franchise is:
Simply put, a franchise business that renovates either one aspect or the whole garage space.
Some garage renovators do the doors or the floors, while others will concentrate on the organization. Then some will completely overhaul the whole room, floor to ceiling, and everything else.
Why Consider Investing in a Garage Remodel Franchise?
The short answer is the timing of the home organization market.
In 2022, the global home organization products market reached $12 billion. With a compound annual growth rate (CAGR) of 3.9%, this market is expected to reach $15.9 billion by 2030.
That’s a healthy rate of growth. Strong drivers for these numbers include rising discretionary income. More people are also working from home, which increases the desire to improve their sanctuary space by organizing it, including the garage.
There’s a reason the KonMari Method™ has become a household phrase. People are taking charge of their homes in new ways, including tidying and organizing.
The garage is the last frontier of clutter; for many, garage remodel franchises are the answer. Whether installing cabinets for their belongings or transforming everything from floor to lighting, people include their garages into usable spaces for hobbies, storage, and even hanging out.
Who is in the Garage Remodel Franchise Industry?
When considering whether or not to invest in one of these franchises, it helps to understand who the players are. Here are some businesses in the garage remodel franchise industry in the United States.
Garage Living is a full-service, turnkey garage makeover franchise that provides franchise owners with all the training, technology, marketing, and ongoing support needed to operate a garage renovation franchise effectively.
They specialize in whole garage transformations, with custom cabinets, polyaspartic flooring, slat walls, and even car lifts for enthusiasts.
These garage improvement experts offer garage renovations and organization to transform any garage into a usable, comfortable space for residential, commercial, and industrial facilities.
They reorganize garage spaces using quality cabinets, slatwall systems, and floor coating systems in various colors.
While they can do whole garages, their specialty is epoxy and polyaspartic floor coating systems, which have become their most popular service in the industrial industry.
Precision Door Service
As the name sounds, this garage remodel franchise specializes in 24/7 garage door repair. They’re known for their emergency and same-day services.
Customers trust their firm price quotes based on a 25-point safety inspection and full diagnostic analysis. They also sell and install new residential garage doors in daily operations.
Precision Door Service employs highly-trained technicians and uses top-quality parts for a garage remodel well done. They also stand behind their work with a robust warranty.
This garage remodel franchise is a brand under the neighborhood umbrella, encompassing 29 franchise-owned home service brands.
This garage remodel franchise specializes in concrete coating solutions, providing clients with options to transform and protect any concrete floor.
They work on auto shop floors, driveways, pool decks, garages, basements, and anywhere where a concrete floor needs a slip-resistant, durable coating.
Garage Force is LEED-compliant with products that are 20 times stronger than epoxy, won’t fade in the sunlight, and are very easy to maintain. Installation can be completed in a single day and ready for traffic 24 hours after installation.
Garage Force has been franchising in the US since 2014 and has nearly 100 locations in over 30 states around the US.
When to Consider Investing with a Garage Remodel Franchise
Several factors will always influence the right timing to invest in a franchise. These may include:
- How long has the brand been franchised, and how many locations are already open?
- Where is the investor in their investment portfolio expansion plans?
- Does the franchise brand have available territory in the investor’s home area?
- What type of support can the franchise model offer their new franchise owners during the launch of their new business and beyond their grand opening?
- What career moves is the investor interested in making for their work, both for themselves and their families?
As with any garage remodeling franchise, it’s wise to do your due diligence and determine if their offered services, products, and warranties match your ideals for your work ethic and personality. It’s also wise to consider the market in your area.
Garage remodel franchises are growing as part of a wider trend of home improvement projects and home organization, and it will be a relatively untapped market in 2023. The timing of investment in a garage renovation franchise could be better now than at any time.