Garage Living vs iFoam
Franchise Comparison 2026
Both Garage Living and iFoam are home services franchises. Garage Living requires an investment of $122K – $322K while iFoam requires $172K – $266K. In terms of revenue, Garage Living reports higher average unit revenue at $1.6M. On SBA loan performance, iFoam has a lower charge-off rate (6.1%) compared to Garage Living (6.7%). FranchiseVerdict rates Garage Living A (Top Quintile) and iFoam C (Average).
| Metric | Garage Living | iFoam |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | CAverageAverage |
| Investment Range | $122K – $322K | $172K – $266K |
| Franchise Fee | $60K | $15K |
| Royalty Rate | 6.5% | The greater of (i) $3,000 per month; or (ii) $3.00 per 1,000 general population |
| Average Revenue (Item 19) | $1.6M | $1.4M |
| SBA Charge-Off Rate | 6.7% (15 loans) | 6.1% (66 loans) |
| Total Units | 51 | 90 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2015 | 2022 |
| FDD Year | 2025 | 2025 |
Investment Range
$122K – $322K
$172K – $266K
Franchise Fee
$60K
$15K
Royalty Rate
6.5%
The greater of (i) $3,000 per month; or (ii) $3.00 per 1,000 general population
Average Revenue (Item 19)
$1.6M
$1.4M
SBA Charge-Off Rate
6.7% (15 loans)
6.1% (66 loans)
Total Units
51
90
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2015
2022
FDD Year
2025
2025