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| Brand | Garage Kings Home Services Remove | Wise Coatings Home Services Remove |
|---|---|---|
| Vitals | ||
Investment range | $166K – $208K | $175K – $200K |
Liquid capital | $10K – $25K | $45K – $59K |
Franchise fee | $60K | $50K |
Royalty rate | 6.0% | N/A |
Ad fund rate | 2.0% | 2.0% |
| Performance | ||
Avg gross sales | $453K | $375K |
Median gross sales | $411K | $393K |
Avg owner earnings Metric varies by brand. Check type below | N/A | $130K |
Earnings metric | Not classified | P&L Bottom Line |
| Risk | ||
Rating | ATop Quintile | ATop Quintile |
Risk score | 52 / 100 | 15 / 100 |
SBA charge-off rate | 0.0% | 0.0% |
SBA loans on record | 7 | 7 |
| Scale | ||
Total units | 23 | 27 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 13.0% | 0.0% |
| Contract | ||
Initial term (years) | 10 | 10 |
Renewal term (years) | 5 | 10 |
Initial training (hrs) | 113 | 75 |
| Contacts | ||
Franchisee phones | 36 | 36 |
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