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Today's newsletter highlights Garage Kings, a home services franchise that turns garage renovations into a full one-stop business and is posting average revenue over 3x its investment midpoint.
The Wolf of Franchises
The Wolf
Jun 11th, 2026
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Good Morning Wolf Pack,

Today's newsletter highlights Garage Kings, a home services franchise that turns garage renovations into a full one-stop business and is posting average revenue over 3x its investment midpoint. 

Enjoy!

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FRANCHISE OF THE WEEK

Garage Kings

Fast Facts

Background

  • HQ: Pompano Beach, FL

  • Founded in 2013, franchising since 2019

  • Garage Kings is a full-service garage renovation franchise offering floor coatings, cabinet installation, storage systems, and garage door installation and repair for residential and commercial clients.

Location Trends

Franchise Fees

  • Royalty: 6% of gross revenue

  • Brand Development Fund: 2% of weekly revenue

  • Franchise Fee: $60,000

Financial Overview

  • The below table discloses information on franchised Garage Kings locations that were open and operating for the full 2024 calendar year.

The Wolf's Take

I covered Garage Kings almost 4 years ago, so I’ve enjoyed checking back on them to see where they are now.

A $189K–$238K investment producing ~$663K in average revenue is a 3x-plus ratio, and that's rare in home services at this price point. 

The concept works because Garage Kings is doing entire makeovers. They do cabinets, storage systems, floor coatings, and of course, garage doors, which means more revenue per customer and no reason to call anyone else.

I should also add that Item 19 in their FDD is based on roughly 9 franchised locations, so the sample size is thin. 

Talk to existing owners before leaning too hard on the averages, but the consumer demand is there, and the home improvement tailwind isn't going anywhere anytime soon. 

Resources

SMB TWEET OF THE WEEK

Something on the Calendar - Sahil Bloom

This tweet from Sahil Bloom is a piece of advice I’ve given out a lot this year.

One of the absolute easiest life hacks is to always have something to look forward to on any given day, which could be as big as a trip, or as small as trying a new restaurant.

WOLF BITES

  • Apple unveiled iOS 27 and a rebuilt Siri AI at WWDC 📱

  • GLP-1 drugs like Ozempic and Wegovy appear to significantly cut cancer risk 💊

  • McDonald's is testing an AI-powered drive-thru ordering system called ArchIQ 🍔

  • Education crisis deepens as teen reading scores plummet to levels not seen since 1971 😲

  • Argentina moves to legalize "non-human corporations" run entirely by AI 🤖

  • Households & businesses stung by energy prices that have pushed inflation above 4% 📈

  • What is happening with World Cup ticket prices? 🤯

That’s it for this edition of The Wolf Report. Feel free to reply with any questions or feedback. Thanks and see you next week!

 — The Wolf
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