GarageTek vs Tailored Living Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of GarageTek vs Tailored Living including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
GarageTek Franchise
Tailored Living Franchise
Investment $192,500 - $242,600$172,930 - $284,295
Franchise Fee $50,000$14,950
Royalty Fee 6%$300-$2K/mo.
Advertising Fee -$500/mo.
Year Founded 20002006
Year Franchised 20012006
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
GarageTek Franchise
Tailored Living Franchise
Experience --

Financing Options

 
GarageTek Franchise
Tailored Living Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoYes/-
Start-up Costs No/No-/Yes
Equipment No/No-/Yes
Inventory No/No-/Yes
Receivables No/No-/Yes
Payroll No/No-/Yes

Training & Support

 
GarageTek Franchise
Tailored Living Franchise
Training -*National Convention *Regional workshops and marketing seminars *Monthly Continued Education webinars *Monthly Drawing Board design webinars *Professional in-house technology solutions experts *Online forums for networking and exchange of best practices Classroom Training: 82 hours Additional Training: Regional training
Support -Tailored Living provides franchisees with D’VinciTM software that helps customers envision their storage solutions during in-home consultations. Training on how to use the software is provided so that you can use this powerful tool to help you close more sales. Get your questions answered by experts. Business Coaches are there to help ensure your business is running smoothly. Workshops Learn from the best. We bring in top industry speakers to keep you informed on the latest trends and product innovations. Plus, you can exchange tips and industry knowledge with other franchisees. Online and Toll-free Phone Support You can get answers fast from our technical support system. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations -Absentee Ownership Allowed Number of Employees Required to Run: 2

Expansion Plans

 
GarageTek Franchise
Tailored Living Franchise
US Expansion -Yes
Canada Expansion NoYes
International Expansion Yes-

Company Overviews

About GarageTek

Join Our Winning Team There are thousands of franchise opportunities, but few offer the excitement and satisfaction of GarageTek. We provide a unique combination: * Exceptional product line * Leading brand recognition * Comprehensive support program * Two investment levels With GarageTek you go well beyond owning a small business, you become part of the leading team in the fastest growing home improvement market sector - garage organization. Work in a Dynamic Industry Garage organization is the fastest growing sector within home organization industry according to several research studies. Download Industry Fact Sheet sell an award-winning product line Our vision of transforming American garages began with the revolutionary concept of paneling the interior walls of a garage and adding an assortment of accessories to the wall. Just a few years later, our original vision has bloomed into a total room makeover with more than 100 product options available for the walls, floor, ceiling and lighting. GarageTek's unique product line has been honored repeatedly. * #1 installed garage system by the leading consumer ratings publication * Only UL Load-Tested System * Top 100 building products (2004-2007) * Home Safety Council Commendation for Safety Innovation See All Products Be the Leading Brand in Your MarketGarageTek has been acknowledged as the leader by our customers, our franchisees, several industry publications as well as various market studies. A few highlights include: * #1 garage organization brand by Peachtree Consulting Group * 96% of customers love the system so much they refer GarageTek to family and friends * "World Class" ranking by our franchisees in a study conducted by FranSurvey

About Tailored Living

Home Franchise Concepts (HFC) created Tailored Living featuring PremierGarage. Our founders are the same visionaries behind Budget Blinds, ranked the #1 custom window coverings franchise in the nation since 1996 by Entrepreneur magazine. We’ve built on what we’ve learned in the last 20+ years to create a new franchise opportunity that’s perfectly suited for how consumers live today.
Tailored Living featuring PremierGarage brings together two brands unrivaled in the home organization category.

Demand is high:

WE SPECIALIZE IN HOME ORGANIZATION SYSTEMS, INCLUDING CLOSETS, PANTRIES, MURPHY BEDS, GARAGE FLOORING AND GARAGE ORGANIZATION.

Veteran Incentives  10% off franchise and territory fees

"Top
#49 in Gator's Top franchises.

"Entrepreneur
#371 in Franchise 500 for 2020.
#359 in Franchise 500 for 2021.