Premiergarage Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
PremierGarage is a home-services franchise designing and installing custom garage cabinets, storage, and floor coatings. Franchisees run a design-and-install operation handling in-home consultations, orders, and installations in a territory.
FranchiseVerdict summary · 2026
A PREMIERGARAGE franchise requires a total initial investment of $187K – $284K, including a $20K franchise fee. The 2026 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2026 FDD issuance
Overview
- Investment
- $187K – $284K
- 75th pct Home Services
- Avg gross sales
- N/A
- Royalty
- N/A
- Units
- 134
- 66th pct Home Services
- SBA charge-off
- N/A
Quick verdict · Home Services · color = vs category peers
Green = favorable by >10% vs Home Services avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $187K – $284K including a $20K franchise fee.
- RETURNSItem 19 reports outlet revenue, but not in a form that yields a per-outlet average we can compare across brands.
- RISKVerdict B (Above average), verdict score 56/100 (higher is better).
- FLAG12 units terminated last reporting year (9.0% of the system). Ask existing franchisees why.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Organized Spaces, LLC
- Parent company
- Home Franchise Concepts, LLC
- Ultimate parent
- JM Family Enterprises, Inc.
- Predecessor
- Closet Tailors, Inc. / Closet Tailors, LLC / Tailored Living, LLC
- Prior franchisor entity
- CEO title
- President
- Jarrett Smith
- Incorporated in
- CA
- HQ
- 19000 MacArthur Boulevard, Suite 100, Irvine, California 92612
- Auditor
- PricewaterhouseCoopers LLP
- Audited financials
- Franchisor revenue
- $143.3M
- vs $145.5M 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.
Affiliated brands
- Two Maids Franchising
- Order Processing Services
- Closet Tailors Direct Sales
- Aussie Pet Mobile
- Lightspeed Restoration
- HFC KTU
- Loss Control and Recovery
- American Decorative Coatings
- AdvantaClean Systems
- Budget Blinds
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Jarrett Smith
- Headquarters
- CA
- Founded
- 2006
- FDD year
- 2026
- States available
- 30
Can you afford it, and what does the money buy?
Entry cost is about average for a home services franchise.
Source: FDD 2026 · Items 5–7
Full Item 7 breakdown16 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $20K | $20K | |
| Initial Territory Feenot refundable | $55K | $55K | |
| Travel and Living Expenses While Training | $1K | $2K | |
| Office/Warehouse (Deposit and 3 months rent) | $3K | $10K | |
| Vehicle | $10K | $55K | |
| Trailer | $10K | $20K | |
| Forklift | $6K | $14K | |
| Computer Equipment | $2K | $3K | |
| Credit Card Processing Technology | $30 | $500 | |
| Auto Insurance | $500 | $2K | |
| Commercial General Liability Insurance | $500 | $2K | |
| Contractor's License and Bond | $0 | $2K | |
| Professional Fees | $750 | $2K | |
| Initial Marketing | $10K | $15K | |
| Additional Tools and Supplies | $38K | $38K | |
| Additional Funds - Before Opening and First 3 Months | $31K | $46K | |
| Total initial investment | $187K | $284K |
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.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $187K – $284K
- Bottom third — review vs category
- Liquid capital req'd
- $31K – $46K
- Bottom third — review vs category
- Franchise fee
- $20K – $20K
- Top 40% of category vs category
- Royalty
- greater of: (a) 5.0% of your Gross Revenue or (b) $500 pe…
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 6.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | greater of 5.0% of Gross Revenue or $500 per month per territory for first year and $1,000 per month thereafter |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $250 |
| Training fee | $150 |
| Transfer fee | $50K |
| Renewal fee | $5K |
| Total fee load | 6.0% of rev |
What do units actually make?
Source: FDD 2026 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
PREMIERGARAGE did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one PREMIERGARAGE unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
33%
Within the 30–60% "attractive franchise" band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2026 FDD
Financial Performance
- Item 19 type
- gross sales
- Sample size
- 135
- vs category median 32 · large
- Quartile band
- $139K→$547K
- Bottom 25% → top 25%
- Reporting year
- 2025
- Fiscal year the figures cover
- Source filing
- FDD 2026
- Disclosed in the 2026 filing, covering 2025
- Transparency
- 4 / 10
- vs category median 4 / 10 · typical
Compared against 321 Home Services brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 6.0% — below the Home Services average of 8.9%.
Disclosure
Item 19 reports outlet revenue, but not in a form that yields a per-outlet average we can compare across brands.
Operator retention
System contracting at -16.8% CAGR over 3 years. Investigate whether closures are franchisor-driven consolidation or franchisee exits.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Home Services averages
How Premiergarage Compares
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 134
- Opened
- 0
- Last reporting year
- Closed
- 12
- Terminated
- 12
- Franchisor ended the franchise (per Item 20)
- Turnover rate
- 9.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 1%
- vs corporate-owned
- Net growth (3-yr)
- -16.8%
- Net unit change over 3 years
- 3-yr CAGR
- -16.8%
- Compounded over last 3 years
3-year detail · Item 20
- Closed (3yr)
- 8
- Terminated (3yr)
- 2
- Non-renewed (3yr)
- 1
- Transfers (3yr)
- 2
- Projected new
- 1
- Franchisor's next-year forecast
- Transfer rate
- 1.2%
- Owners selling to other franchisees
- Termination rate
- 7.7%
- Franchisor-initiated terminations
- Ceased ops
- 4.8%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 33 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.
A system losing more than 10% of its units year-over-year is a red flag. Check whether closures are concentrated in specific regions.
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
- $1.0M
- Median loan
- $145K
- 50th percentile
- Charge-off rate
- N/A
- limited sample (4 loans) — rate not shown below 10
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
- 3
- Defaults
- N/A
Explore lender portfolios on Bank Reports or regional data on State Reports.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Only one historical 2006 consent order involving an affiliate under prior ownership, with no monetary sanctions. Strong parent net worth $432,603,250 and positive net income $17,603,502, audited with Item 19. Only concern is a -16.8% net unit decline on 134 units.
Litigation (Item 3)
Administrative proceeding before Maryland Securities Commissioner (Case No. 2004-0162, 2005). Aussie Pet Mobile, Inc. entered Consent Order on January 25, 2006 with Maryland Attorney General Securities Division requiring cease and desist from certain franchise offer/sale actions, rescission of franchise agreements with non-compliant franchisee, and implementation of new compliance procedures. No monetary sanctions.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · PricewaterhouseCoopers LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
ⓘ These are the parent company's consolidated financials (the parent guarantees the franchisor), not this brand's standalone results — the figure reflects the whole corporate group, not this brand alone.
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 56 / 100 verdict
- 01MINOR1 old (2006) affiliate consent order, no sanctions
- 02MINORNet worth $432.6M, net income $17.6M
- 03MEDAudited, Item 19 disclosed
- 04MED-16.8% net unit decline (134 units)
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 6.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | ZIP Codes |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 100,000 |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Curable defaultsℹ | 2 |
| Mandatory arbitration | Yes |
| Arbitration location | Orange County, California |
| Jury trial waiver | Yes |
| Governing law | California |
| Litigation count | 1 |
View Item 3 litigation summary
Administrative proceeding before Maryland Securities Commissioner (Case No. 2004-0162, 2005). Aussie Pet Mobile, Inc. entered Consent Order on January 25, 2006 with Maryland Attorney General Securities Division requiring cease and desist from certain franchise offer/sale actions, rescission of franchise agreements with non-compliant franchisee, and implementation of new compliance procedures. No monetary sanctions.
Items 10, 11
Training & Operations
- Classroom training
- 80 hrs
- On-the-job training
- 0 hrs
- Training location
- On-site and off-site
- Ongoing training
- Required
- Time to open
- 3 mo
- From signing to launch
- Franchisor financing
- Offered
- Item 10
- POS system
- Serviceminder
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Serviceminder
Item 20 · call current owners
Franchisee Contacts
84 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
PREMIERGARAGE · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a PREMIERGARAGE franchise?
The total investment to open a PREMIERGARAGE franchise ranges from $187K – $284K, with an initial franchise fee of $20K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do PREMIERGARAGE franchise owners earn?
PREMIERGARAGE does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the PREMIERGARAGE FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the PREMIERGARAGE FDD and qualifies whose outlets they describe.
What is PREMIERGARAGE's franchise failure rate?
SBA 7(a) loan charge-off data is not available for PREMIERGARAGE (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 PREMIERGARAGE franchise locations are there?
As of their most recent FDD filing, PREMIERGARAGE has 134 total units in the United States, including 134 franchised units and 0 company-owned units.
Is PREMIERGARAGE a good franchise to buy?
FranchiseVerdict rates PREMIERGARAGE as a B-grade franchise with a verdict score of 56 out of 100 (higher is better), 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 PREMIERGARAGE, you can request corrections or provide updated information.
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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.