5 Best Garage Door Repair Franchise Opportunities 2024

According to Garage Living, 80% of single-family homes and condos today have garages, and the demand is increasing rapidly with the new construction. So, if you are thinking of stepping into the profitable industry of garage door repair franchises, then here is a list of the 5 best garage door repair franchise opportunities that you can own in 2024.

5 Best Garage Door Repair Franchise Opportunities

Opening a garage door repair franchisee will help you set your foot in the door of a steady-demand industry with minimal risk and achieve a positive ROI.

So, let’s dive into understanding if a garage door franchise is the right option for you, what are things that you need to first look into before investing, and the list of successful franchises that have longevity in the industry.


5 Best Garage Door Franchise Opportunities

1. ProLift Garage Door Franchise

ProLift Garage Door Franchise
Founded in2015
Franchising Since2016
Estimated Outlets68
Initial Investment$106,100 – $145,000
Franchise Fees$65,000
Liquid Capital$50,000
Royalty Fees6%

The ProLift Garage Door was founded in 2015 and began franchising in the year 2016. So, the company has years of experience in the garage door servicing business.

The company offers repair, replacement, installation, and servicing of overhead garage doors for residential and commercial clients.

They developed and refined their business model over the years, which resulted in thousands of satisfied customers. They are currently looking to expand and implement the proven system, including sales techniques, technology, and operational procedures.

2. Precision Garage Door

Precision Garage Door
Founded in1997
Franchising Since1999
Estimated Outlets119
Initial Investment$137,850 – $302,850
Franchise Fees$60,000-$120,000
Liquid Capital$50,000
Royalty Fees2%-6%

Precision Garage Door is a garage door service franchise that has served countless homes and businesses in America since 1997.

Since 1997, the company has become a well-respected brand for customers searching for premium-quality garage door installation and repair. The Precision Door Service franchise consistently made it to Entrepreneur’s Franchise 500 based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

To own this franchise, you need an initial investment that ranges between $137,850 – $302,850 and a net worth of $250,000.

3. Aladdin Doors

Aladdin Doors
Founded in2004
Franchising Since2012
Estimated Outlets45
Initial Investment$32,400 – $99,950
Franchise Fees$10,000 – $50,000
Liquid Capital$30,000 – $50,000
Royalty Fees6%

Aladdin Garage Doors started in 2004, and since then, it has become known nationwide as a trusted brand for garage doors, repairs, and fast and efficient services.

The company was started with a mission to provide quality services to the customers. Not only this, but it has also received the “BBB Complaint-Free Award” from 2009-2019, and the company is also a proud recipient of the Angie’s List “Super Service Award” in 2015-2019. 

To own this franchise, a net worth ranging from $50,000 – $100,000 is required, along with the franchise fee of $10,000 – $50,000.

4. Overhead Door

Overhead Door
Founded in1921
Franchising Since1999
Estimated Outlets450+
Initial InvestmentN/A
Franchise FeesN/A
Liquid CapitalN/A
Royalty FeesN/A

The Overhead Door brand is one of the recognized and respected brands in the garage door industry. C.G. Johnson invented the upward-lifting garage door in 1921 and the electric garage door in 1926.

The company has been in the business for over 100 years and is the leading provider of garage door systems. They work on gates and doors of all types, including aluminum, fiberglass, steel, wind load, vinyl, wood, and more.

Since then, the Overhead Door has stood for the quality of its products and expertise. Currently, it has a network of more than 450 distributors, ensuring convenient access to commercial doors, operators, residential garage doors, and openers.

5. Access Garage Door

Access Garage Door
Founded in2005
Franchising Since2019
Estimated Outlets7
Initial Investment$49,995 – $99,555
Franchise Fees$15,000
Liquid Capital$50,000
Royalty Fees4%-5%

Access Garage Door is a company that not only offers garage door repairs but also has doors that range from custom wood to low-end, non-insulated ones to meet everyone’s taste.

Access Garage Doors has relationships with third-party sources that offer financing to cover the following: franchise fees, startup costs, equipment, inventory, accounts receivable, and payroll.

To own this franchise, you need a net worth of $100,00 and an initial investment that ranges between $49,995-$99,555.


When Should You Choose A Garage Door Franchise?

Once you are aware of all the below-mentioned points, you are ready to own the franchise:

1. Talk To Other Franchisees

You must talk to other franchisees to get an idea about how they are operating the franchise and ask if their business is turning a profit or not.

You must also ask them about the training and support they are getting from the franchisor and what kind of challenges they are facing.

2. Your Qualification

Many garage door franchises require you to have past experience in marketing, sales, and business development. So, evaluate if you qualify for owning a garage door franchise or not.

And if not, look for ways so that you can strengthen your qualifications. Evaluating your skills or qualifications will help you better understand if you are ready to own the franchise or not.

3. Abide By The Rules Of Franchisor

Franchising comes with a plethora of benefits, but one of the worst disadvantages of owning a franchise is the rules and restrictions of the franchisor.

Most often, the franchisors want you to strictly follow the rules and regulations of owning the franchise. So, you need to evaluate whether you are ready to follow the guidelines of the franchisor or not; as for every creative idea, you’ll have to ask for the permission of the franchisor.


Factors To Consider Before Investing In A Garage Door Franchise

Investing in a garage door franchise can be your first step to opening the doors to a brighter future. However, there are things that you need to consider before signing any franchise agreement or investing your money.

So, here are three factors that you must consider:

1. Demand For Garage Door Repair

The very thing that you need to consider is the demand for garage door repair in the location where you are going to set up the business. According to the reports released by the U.S. Department Of Housing And Urban Development (HUD), with the new construction of houses, the demand for garages is also increasing.

Not only in new construction, but many homeowners are looking to upgrade their existing garages with a more energy-efficient option that will provide better temperature control and sound insulation. Therefore, you must first determine the demand for the services that you are going to offer in the location.

2. Understanding The Finances

The next step is to understand the finances, as there are still costs that you need to keep in mind and account for. You’ll also have to conduct market research on the industry to get knowledge about the material cost and average wages for the expenses.

In addition, you also need to look for financing options in case you need funding. Here are some ways to fund your franchise business:

  1. Commercial Bank Loans
  2. SBA Loans
  3. Alternative Lenders
  4. Friends and Family

3. Know Your Competition

One of the essential steps to building a successful franchise business is to know your competition. Therefore, investigate the existing market in the area where you want to start the business. Here are a few questions that you need to ask:

  • What brands already exist in the market, and how do they compare?
  • What is their customer base, and what can you learn from them?
  • How will your services differ from what they offer?

Comparison Of Top 4 Garage Door Repair Franchise

Company NameProLift Garage Door Precision Garage Door Aladdin DoorsAccess Garage Door
Founded2015199720042005
Outlets 68119457
Franchise Fee $65,000$60,000-$120,000$10,000-$50,0000$15,000
Initial Investment $106,100 – $145,000$137,850 – $302,850$32,400-$99,950$49,995-$99,555
Royalty Fee6%2%-6%6%4%-5%

Conclusion

So, here is our list of 5 garage door repair franchise opportunities based on the track record of success and a loyal customer base.

However, there are a few things that you must consider before signing any contract with the franchise. Also, along with researching the franchise, you also need to evaluate whether you possess the skills and qualifications needed to own a garage door repair franchise.


FAQs

Which Is The Cheapest Garage Door Repair Franchise?

The cheapest garage door repair franchise is Aladdin Doors. It requires an initial investment that ranges between $32,400-$99,950.

What Is The Profit Margin Of Garage Door Repair Franchise?

The average profit margin of a garage door repair franchise ranges between 10-15%. To increase it, you can offer value-added services and optimize the pricing strategy.

How much does it cost to own a garage door repair franchise?

The average cost to own a garage door repair franchise varies between $32,400- $302,850.

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