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Below is an in-depth analysis and side-by-side comparison of Candlewick Homes vs Garage Living including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $300,000 - $1,300,000 | $236,750 - $313,500 |
Franchise Fee | $50,000 | $60,000 |
Royalty Fee | 5% | 6.5% |
Advertising Fee | - | 6% Local + 2% Nat'l |
Year Founded | 2002 | - |
Year Franchised | 2003 | - |
Term Of Agreement | - | 5 years +5+5+5 |
Term Of Agreement | - | 5 years +5+5+5 |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Garage Living franchise owners are not required to have prior construction or remodeling industry experience, but it can be helpful to understand the basics of running a business like ours. In fact, we welcome the opportunity to open a dialogue with existing similar or complementary home improvement businesses who wish to add the Garage Living system to their current operations. In general, we are seeking franchise candidates who have good communications and customer service skills, a strong work ethic, and a dedication to the local community. A solid understanding of business management is also important, and sales skills are also helpful. We expect that franchise owners have adequate capital to invest in the business, and we also expect franchise owners to be directly involved in the daily operations of the franchise business. But regardless of your background, we will provide the training and tools you need to run your Garage Living franchise effectively. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Pre-Opening Training: including classroom and hands-on exercises, plus on-site training with a Garage Living representative at your location. |
Support | - | Ongoing Support: including updates, remote assistance, refresher training programs and business planning meetings. |
Marketing | - | Marketing Assistance: including a professionally-developed library of project photographs (before and after), customizable marketing materials, online tools, and more. |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Candlewick Homes has over sixteen years of wide ranging experience building exquisite and dependable homes. Originating in Dallas/Ft. Worth in the late 80's, Candlewick Homes overcame the tough economic times to become an award winning builder. After years of homebuilding, Candlewick Homes is pioneering an exciting and ground breaking opportunity to help others who are looking to get into business for themselves, but not by themselves, and who realize that the homebuilding industry will continue to grow just as it has since the beginning of time. The experienced professionals of Candlewick Homes have devoted their practical and profitable know how in the homebuilding industry to incorporate the only national homebuilding franchise operation! Candlewick Homes is looking to extend to all parts of the US what has proved to be enormously successful in the Dallas/Ft. Worth area. Candlewick Homes is looking for motivated and energetic people who wish to improve their financial future and secure a rewarding and lucrative career. By becoming a Candlewick Homes' franchisee or area developer, you will enter an industry that is one of the key economic indicators and provides millions of jobs throughout the country. With the documented level of projected growth in the U.S. in the next 30 years, there will be an acute need for 58.9 million new residential homes. With the amazing growth trends in this industry, a Candlewick Homes franchise offers both an exceptional and promising opportunity for an established career, and a prosperous future.