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| Brand | Garage Force Home Services Remove | Mr. Appliance Home Services Remove |
|---|---|---|
| Vitals | ||
Investment range | $133K – $201K | $117K – $215K |
Liquid capital | $4K – $12K | $15K – $30K |
Franchise fee | $50K | $64K |
Royalty rate | 5.0% | 5.0% |
Ad fund rate | 1.0% | 2.0% |
| Performance | ||
Avg gross sales | $507K | N/A |
Median gross sales | $441K | $286 |
Avg owner earnings Metric varies by brand. Check type below | N/A | N/A |
Earnings metric | Not classified | Not classified |
| Risk | ||
Rating | ATop Quintile | DBelow Average |
Risk score | 26 / 100 | 76 / 100 |
SBA charge-off rate | 5.7% | 20.9% |
SBA loans on record | 35 | 134 |
| Scale | ||
Total units | 228 | 310 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 9.7% | 2.6% |
| Contract | ||
Initial term (years) | 10 | 10 |
Renewal term (years) | 10 | 10 |
Initial training (hrs) | 49 | 80 |
| Contacts | ||
Franchisee phones | 97 | 281 |
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