Granite Garage FloorsFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Granite Garage Floors franchise requires a total initial investment of $150K – $222K, including a $50K franchise fee and an ongoing 6.5% royalty[2]. Per the 2026 FDD, average unit revenue was $729K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2026 FDD issuance
Overview
- Investment
- $150K – $222K
- 55th pct Home Services
- Avg gross sales
- $729K
- 26th pct Home Services
- Royalty
- 6.5%
- 26th pct Home Services
- Units
- 57
- 44th pct Home Services
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Home Services · color = vs category peers
Green = >15% above Home Services avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Each dollar invested generates 3.9x in gross revenue, well above the typical 1.5-2.5x range.
Franchised units fell from 57 to 44 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $150K – $222K including a $50K franchise fee, 6.5% ongoing royalty.
- Average unit revenue of $729K/year (median $489K).
- Verdict A (Top Quintile) with a risk score of 21/100.
- System growing at 29.5% CAGR over 3 years with 57 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Granite Garage Floors Franchising, LLC
- Parent company
- Threshold Brands, LLC
- Ultimate parent
- HS Group Holding Company, LLC
- Predecessor
- have offered
- Prior franchisor entity
- CEO title
- Chairman of the Board of Managers
- Theodore Demarino
- Incorporated in
- GA
- HQ
- 17700 Saint Clair Avenue, Cleveland, OH 44110
- Auditor
- Plante & Moran, PLLC
- Audited financials
- Franchisor revenue
- $49.0M
- vs $47.9M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Independent franchisee associations
- Franchise Advisory Council (FAC)
Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.
Overview
About
Franchisees operate a garage floor coating and epoxy installation business, managing crews to apply polyurea, epoxy, and polyaspartic coatings to residential and commercial concrete floors. Day-to-day operations include customer acquisition, job estimation, crew scheduling, quality control on installations, and customer service. The business is service-based with high labor and material costs, operating in local protected territories.
- CEO
- Theodore Demarino
- Headquarters
- OH
- Founded
- 2013
- FDD year
- 2026
- States available
- 17
FDD Item 7 · 2026 filing · 12 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Franchise Feenot refundable | $50K | $50K | |
| Vehicle | $4K | $6K | |
| Vehicle Wrap | $5K | $6K | |
| Vehicle Upfit | $16K | $18K | |
| Initial Inventory and Equipment | $24K | $37K | |
| Rent | $0 | $800 | |
| Initial Training | $2K | $5K | |
| Technology | $2K | $3K | |
| Advertisingnot refundable | $24K | $34K | |
| Insurance | $1K | $2K | |
| Professional Service Fees and Licensing | $1K | $2K | |
| Additional Funds - Initial 3 Months | $20K | $60K | |
| Total initial investment | $150K | $222K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$77K
10.5% margin
Unlevered ROIC
34%
EBITDA / total invested capital
Payback
35 mo
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $150K – $222K
- Near category avg vs category
- Liquid capital req'd
- $20K – $60K
- Near category avg vs category
- Franchise fee
- $50K
- Near category avg vs category
- Royalty
- 6.5%
- percentage_of_gross · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.5%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.5% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $650 |
| Training fee | $500 |
| Transfer fee | $5K |
| Renewal fee | $2K |
| Total fee load | 8.5% of rev |
Financial Performance
- Avg gross sales
- $729K
- Per unit, per year
- Median gross sales
- $489K
- Item 19 type
- gross_sales
- Sample size
- 24 units
- vs category median 25
- Range (low → high)
- $24K→$3.3M
- Cohort dispersion (min → max)
- Quartile band
- $181K→$1.6M
- Bottom 25% → top 25%
- Reporting year
- 2025
- Fiscal year the figures cover
- Transparency
- 4 / 5
- vs category median 4 / 5 · typical
Compared against 349 Home Services brands
vs Home Services averages
How Granite Garage Floors Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 57
- Opened
- 2
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- +3.6%
- Net unit change last year
- 3-yr CAGR
- +29.5%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 2
- Terminated (3yr)
- 1
- Transfers (3yr)
- 0
- Projected new
- 15
- Franchisor's next-year forecast
- Termination rate
- 1.8%
- Franchisor-initiated terminations
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 18 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Available to sell in · Item 12
- Michigan
- Wisconsin
States where the franchisor is registered to sell new franchises (FDD registration filings).
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 4 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 4
- Loan volume
- $625K
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 2
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Granite Garage Floors's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 2 lenders with concentration factor
- Per-state charge-off rates across 4 states
- Startup risk premium and job creation velocity
- 3-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Granite Garage Floors presents caution-level risk due to undisclosed profitability metrics, sluggish unit growth, parent company compliance violations, and high initial capital requirements without clear ROI transparency.
Litigation (Item 3)
No litigation required to be disclosed in Item 3
Largest disclosed settlement: $15,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Plante & Moran, PLLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 21 / 100 rating
- 01MEDNet income not disclosed in FDD Item 19 — unable to verify actual profitability claims against $729k average revenue
- 02MINORSlow unit growth of 3.6% YoY suggests market saturation or franchisee satisfaction issues in a 57-unit system
- 03MINORParent company (MaidPro) SEC violation in 2025 for franchise fee deferral violations raises compliance and operational governance concerns
- 04MINORHigh initial investment ($149.5k–$222.2k) relative to transparent financial data creates ROI verification gap
- 05MINOR6.5% royalty on gross sales (not net) compounds pressure on franchisees with thin margins in service businesses
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Geography |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 250,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 1.5 years |
| Right of first refusalℹ | Yes |
| Termination notice | 20 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Ohio |
| Litigation count | 1 |
View Item 3 litigation summary
No litigation required to be disclosed in Item 3
Items 10, 11
Training & Operations
- Classroom training
- 62 hrs
- On-the-job training
- 81 hrs
- Training location
- On-site and corporate
- Ongoing training
- Required
- Time to open
- 4 mo
- From signing to launch
- POS system
- field service software
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: field service software
Item 20 · call current owners
Franchisee Contacts
32 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Granite Garage Floors · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Granite Garage Floors franchise?
The total investment to open a Granite Garage Floors franchise ranges from $150K – $222K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Granite Garage Floors franchise owners earn?
According to Item 19 of the Granite Garage Floors FDD, the average gross sales per unit is $729K. The median is $489K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Granite Garage Floors's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Granite Garage Floors (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Granite Garage Floors franchise locations are there?
As of their most recent FDD filing, Granite Garage Floors has 57 total units in the United States, including 57 franchised units and 0 company-owned units. 2 new units were opened in the latest reporting year.
Is Granite Garage Floors a good franchise to buy?
FranchiseVerdict rates Granite Garage Floors as a A-grade franchise with a risk score of 21 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent Granite Garage Floors, you can request corrections or provide updated information.
Claim this brandOther Home Services franchises
Compare similar franchise opportunities in the Home Services category
Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.