PremiergarageFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A PREMIERGARAGE franchise requires a total initial investment of $187K – $284K, including a $20K franchise fee. Per the 2026 FDD, average unit revenue was $375K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2026 FDD issuance
Overview
- Investment
- $187K – $284K
- 68th pct Home Services
- Avg gross sales
- $375K
- 9th pct Home Services
- Royalty
- N/A
- Units
- 134
- 59th pct Home Services
- SBA default
- 100.0%
- 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
The system contracted 8% year-over-year. Investigate why units are closing.
Bottom line
- Total investment $187K – $284K including a $20K franchise fee.
- Average unit revenue of $375K/year (median $312K).
- Verdict A (Top Quintile) with a risk score of 24/100.
- 12 units terminated last reporting year (9.0% of the system). Ask existing franchisees why.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Organized Spaces, LLC
- Parent company
- Home Franchise Concepts, LLC
- Ultimate parent
- JM Family Enterprises, Inc.
- Predecessor
- DCHFamily
- Prior franchisor entity
- CEO title
- President
- Jarrett Smith
- Incorporated in
- CA
- HQ
- 19000 MacArthur Boulevard, Suite 100, Irvine, CA 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
PREMIERGARAGE franchisees design, sell, and install custom garage storage systems (cabinets, shelving, flooring) for residential and light commercial clients. Day-to-day operations include in-home consultations, design work, material sourcing, installation project management, and customer service across a protected local territory.
- CEO
- Jarrett Smith
- Headquarters
- CA
- Founded
- 2006
- FDD year
- 2026
- States available
- 30
FDD Item 7 · 2026 filing · 16 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.
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
$45K
12.0% margin
Unlevered ROIC
16%
EBITDA / total invested capital
Payback
6.1 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $187K – $284K
- Below avg, review vs category
- Liquid capital req'd
- $31K – $46K
- Near category avg vs category
- Franchise fee
- $17K – $20K
- Better than avg 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 |
A 6.0% total fee load is unusually lean. More of each revenue dollar stays with the franchisee.
Financial Performance
- Avg gross sales
- $375K
- Per unit, per year
- Median gross sales
- $312K
- Item 19 type
- gross_sales
- Sample size
- 43 units
- vs category median 25
- Range (low → high)
- $12K→$1.6M
- Cohort dispersion (min → max)
- Quartile band
- $139K→$547K
- 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 Premiergarage Compares
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
- 100%
- vs corporate-owned
- Net growth (yr3)
- -8.2%
- Net unit change last year
- 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.
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
- 100.0%
- 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)
- 0.0%
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 3
- Defaults
- 4
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Premiergarage's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 3 lenders with concentration factor
- Per-state charge-off rates across 3 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
PREMIERGARAGE presents meaningful risk: contracting franchise system (-8.2% YoY), undisclosed profitability metrics, compliance history, and aggressive dual royalty structure create ROI uncertainty despite protected territories and moderate initial investment.
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)
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 24 / 100 rating
- 01MEDUnit decline of 8.2% YoY indicates system contraction and reduced franchisee success/retention
- 02MEDNet income not disclosed in Item 19 prevents ROI validation; only average revenue ($375k) provided without profitability context
- 03MINORRoyalty structure of 5% + $500-$1,000/month creates high fixed costs ($6k-$12k annually) that may not be justified for lower-revenue territories
- 04HIGH2006 litigation history (Maryland Securities Division consent order on affiliate Aussie Pet Mobile) signals prior compliance/disclosure failures and reputational risk
- 05HIGHGoing Concern status 'False' is ambiguous but combined with shrinking unit count raises sustainability concerns
- 06MED10-year term is lengthy; combined with -8.2% YoY decline, suggests franchisees may be locked into underperforming investment
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 | 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?
According to Item 19 of the PREMIERGARAGE FDD, the average gross sales per unit is $375K. The median is $312K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
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 A-grade franchise with a risk score of 24 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
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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.