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Below is an in-depth analysis and side-by-side comparison of PremierGarage vs PERMA-DRY Systems including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $129,950 - $408,000 | $180,000 - And Up |
Franchise Fee | $35,000 - $75,000 | $18,500 |
Royalty Fee | $3.5K-7.5K/yr. | 5% |
Advertising Fee | - | - |
Year Founded | 1999 | 1980 |
Year Franchised | 2002 | 1990 |
Term Of Agreement | 5 years | 5 years +5 |
Term Of Agreement | 5 years | 5 years +5 |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/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 | - | Headquarters in Dartmouth, NS 2 Weeks |
Support | - | Central Data Processing Field Operation Evaluation Field Training Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
Marketing | - | - |
Operations | - | Average Number of Employees: 1 Full-time, 1 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
THE LARGEST BRAND WITH THE WIDEST REACH
In 2010, Tailored Living and PremierGarage formed a strategic partnership to create the largest whole-home and garage organization franchise in the nation. PremierGarage’s brand recognition and reputation in the garage industry made them the ideal partner. In 2011, Tailored Living acquired the PremierGarage® brand name.
NO LONGER FRANCHISING
Provision of services in the restoration of concrete surfaces and structures, using products and following a repair system prescribed and developed by the franchisor. These crack repair and concrete specialists are encouraged to expand and diversify their business in any area where concrete products are used or repairs are required.