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| Business Type: Home Garage Make-over |
| Industry: Home Repair & Organization |
| Minimum Cash Requirement: $80k |
| Total Start-up Investment (cash plus financing): $290k |
| Minimum Net Worth: $150k |
| Business Location: Store Front |
| Market Class: Business to Consumer |
| Business Model: Owner-Operator |
This is a revolutionary garage organization and storage system that creates a neat, clean and useful space out of the garagean often overlooked and underutilized room in the home. The first national brand of its kind, the GarageTek system is unlike any other product. Its distinguishing advantages start with their proprietary products. Homeowners and builders value this franchise for a myriad of reasons: it's versatile (if you change your mind, it's a snap to reconfigure the system); it's weather-proof, bug-proof and fire rated; it won't scratch, ding, dent or rust; and it is backed by a 10-year warranty. Everything has its place in the garage because it is professionally designed and installed. Components and accessories are customized according to each family's unique needswhether they're looking to store golf clubs, fishing gear, woodworking tools or more common household items. Industry Landscape In the $7 billion home organization market, garage organization is the fastest growing sector according to Peachtree Consulting Group1. Even more evolutionary is the fact that the garage has replaced the kitchen as the #1 area in the home that consumers plan to make purchases for organizational products. In a recent NPD survey, again garage organization was the top consumer trend for 2005. Garage storage was the single largest purchase preference in home organization at 25.3% according to NPD. Owner Profile This concept seeks those who are good with people, willing to work hard and follow a proven system. You provide the enthusiasm, effort and energy, and desire to be highly successful. If this business looks to be a fit for you and if you are serious about self-employment and finding a company that matches your "ideal model," please click below and fill out the contact form to have one of our industry experts to help you identify one of our "pre-screened" companies that fit your unique skills and lifestyle goals. |
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