PremierGarage Franchise FDD, Profits & Costs (2025)

PremierGarage stands out in the home improvement industry as a franchise dedicated to transforming garages with tailored storage solutions and premium flooring options. Established in 2006, the company entered franchising the same year and has since grown into a trusted name in garage organization.
The business was originally launched under the Tailored Living brand but underwent a rebrand in 2022 to focus solely on garage makeovers. Today, PremierGarage is headquartered in Irvine, California, and operates as part of Home Franchise Concepts, which is owned by JM Family Enterprises.
Its product line includes custom garage cabinets, shelving, slat-wall panels, overhead storage racks, and durable flooring finishes such as epoxy and polyaspartic coatings.
In addition, the franchise provides modular flooring tiles and design solutions that serve both residential and commercial clients. Franchise owners benefit from exclusive 3D design software, allowing them to offer personalized in-home consultations where customers can preview their redesigned garage before the project begins.
Initial Investment
How much does it cost to start a PremierGarage franchise? It costs on average between $185,000 – $299,000 to start a PremierGarage franchised facility.
This includes expenses for showroom build-out, specialized equipment, product inventory, and initial working capital. The total investment varies based on several factors, such as the size of the territory, local market conditions, and whether the franchisee decides to lease or purchase vehicles and storage facilities.
Type of Expenditure | Amount |
---|---|
Initial Franchise Fee | $19,950 |
Initial Territory Fee | $55,000 |
Travel and Living Expenses While Training | $1,000 – $1,500 per person |
Office/Warehouse (Deposit and 3 months rent) | $3,000 – $9,500 |
Vehicle | $10,000 – $55,000 |
Trailer | $0 – $10,000 |
Forklift | $1,990 – $16,425 |
Computer Equipment | $1,500 – $2,500 |
Credit Card Processing Technology | $30 – $500 |
Auto Insurance | $500 – $2,400 |
Commercial General Liability Insurance | $500 – $2,400 |
Contractor’s License and Bond | $0 – $1,500 |
Professional Fees | $750 – $1,500 |
Initial Marketing | $10,000 – $15,000 |
Initial Inventory | $10,000 – $12,000 |
Additional Tools and Supplies | $16,000 – $28,500 |
Additional Funds – Before Opening and First 3 Months | $55,000 – $65,000 |
Total Estimated Investment | $185,220 – $298,675 |
Average Revenue (AUV)
How much revenue can you make with a PremierGarage franchise? A PremierGarage franchised center makes on average $287,000 in revenue (AUV) per year.
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Frequently Asked Questions
How many PremierGarage locations are there?
PremierGarage currently operates through approximately 161 franchise-owned territories across the United States and Canada.
What is the total investment required to open a PremierGarage franchise?
The total investment required to open a PremierGarage franchise ranges from $185,000 to $299,000.
What are the ongoing fees for a PremierGarage?
PremierGarage franchisees pay a 5% royalty fee on gross sales and a 2% marketing and advertising fee on gross sales.
What are the financial requirements to become a PremierGarage franchisee?
To qualify as a PremierGarage franchisee, candidates are expected to have a minimum net worth of $250,000 and at least $100,000 in liquid capital. These financial requirements ensure that franchise owners have the resources to cover start-up costs, manage initial operations, and support the business until it becomes self-sustaining.
How much can a PremierGarage franchise owner expect to earn?
The average gross sales for a PremierGarage franchise are approximately $0.29 million per location. Assuming a 15% operating profit margin, $0.29 million yearly revenue can result in $44,000 EBITDA annually.
Who owns PremierGarage?
PremierGarage franchise is owned by Home Franchise Concepts, which is a subsidiary of JM Family Enterprises.
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