Garage Kings, by the numbers
Every figure below comes from real financed deals — what buyers paid, where, and how the loans performed.
SBA Franchise Directory: listed ✓ (identifier S4211)
7 deals since 2020 · typical deal $195K
7
Deals since 2020
$195K
Typical deal
1
Deals since FY2025
—
Too few deals to score risk
What buyers pay for Garage Kings
Most Garage Kings deals financed between $150K and $366K. Above $366K, you're paying more than 75% of buyers did — make the seller earn it.
- Monthly payment (10-yr)
- $2,883
- Down payment (10%)
- $22K
- Cash to close (all-in)
- $29K
Estimates at today's rates and standard 7(a) terms. Not a loan offer.
Could you get the loan?
Three answers. No documents, no credit pull.
Credit score
Available cash (you'll need ~$29K)
Experience
Recent financings
- Keystone Garage Solutions LLC in Easton, PA — $262K (2025) · NEPA Alliance Business Finance Corporation
- Program
- 7a General
- Rate at approval
- 9.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $197K (75%)
- Approval → funding
- 29 days
- Approved
- 3/26/2025
- First disbursed
- 4/24/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Other Personal and Household Goods Repair and Maintenance
Funded by NEPA Alliance Business Finance Corporation · Lender record →
Your business? Claim this record · Request removal
- Garage Kings of South Charlotte in Clover, SC — $366K (2024) · Readycap Lending, LLC
- Program
- Preferred Lenders Program
- Rate at approval
- 11.25% variable
- Term
- 107 months
- SBA guaranteed
- $274K (75%)
- Approval → funding
- 42 days
- Approved
- 4/20/2024
- First disbursed
- 6/1/2024
- Loan status
- In workout — SBA bought the guarantee
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 7
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Flooring Contractors
Funded by Readycap Lending, LLC · Lender record →
Your business? Claim this record · Request removal
- Garage Kings Eastern Mass in Natick, MA — $500K (2023) · Readycap Lending, LLC
- Program
- Preferred Lenders Program
- Rate at approval
- 11.25% variable
- Term
- 98 months
- SBA guaranteed
- $375K (75%)
- Approval → funding
- 9 days
- Approved
- 9/23/2023
- First disbursed
- 10/2/2023
- Loan status
- In workout — SBA bought the guarantee
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 8
- Business age
- New Business or 2 years or less
- Industry
- Flooring Contractors
Funded by Readycap Lending, LLC · Lender record →
Your business? Claim this record · Request removal
- For On The Floor, LLC in East Springfield, PA — $195K (2023) · CNB Bank
- Program
- 7a General
- Rate at approval
- 9.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $146K (75%)
- Approval → funding
- 25 days
- Approved
- 2/3/2023
- First disbursed
- 2/28/2023
- Loan status
- Paid in full (10/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Other Building Finishing Contractors
Funded by CNB Bank · Lender record →
Your business? Claim this record · Request removal
- Hart Concrete Coatings LLC in Woodstock, GA — $150K (2023) · United Midwest Savings Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable
- Term
- 99 months
- SBA guaranteed
- $128K (85%)
- Approval → funding
- 2 days
- Approved
- 12/19/2022
- First disbursed
- 12/21/2022
- Loan status
- In workout — SBA bought the guarantee
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 3
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Residential Remodelers
Funded by United Midwest Savings Bank National Association · Lender record →
Your business? Claim this record · Request removal
- For On The Floor, LLC in East Springfield, PA — $45K (2023) · CNB Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 8.5% variable
- Term
- 60 mo (5 yrs)
- SBA guaranteed
- $23K (50%)
- Approved
- 2/3/2023
- Loan status
- Cancelled
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Other Building Finishing Contractors
Funded by CNB Bank · Lender record →
Your business? Claim this record · Request removal
- Reed's Healthy Home Solutions Inc in Belfry, KY — $155K (2021) · Community Trust Bank, Inc.
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5% fixed
- Term
- 66 months
- SBA guaranteed
- $116K (75%)
- Approval → funding
- 24 days
- Approved
- 4/6/2021
- First disbursed
- 4/30/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Existing or more than 2 years old
- Industry
- All Other Specialty Trade Contractors
Funded by Community Trust Bank, Inc. · Lender record →
Your business? Claim this record · Request removal
Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.
One of these businesses yours? Claim your listing or request removal.
Free · No documents · Usually same-day
Serious about buying a Garage Kings?
Get qualified with a franchise lending specialist before discovery day — know your number first.
Who funds Garage Kings — and where
Every dot is a financed Garage Kings — 7 mapped.
Financed Garage Kings locations — list all 7 as text
- Reed's Healthy Home Solutions Inc — Belfry · $155K · FY2021 · All Other Specialty Trade Contractors
- Hart Concrete Coatings LLC — Woodstock · $150K · FY2023 · Residential Remodelers
- For On The Floor, LLC — East Springfield · $195K · FY2023 · Other Building Finishing Contractors
- For On The Floor, LLC — East Springfield · $45K · FY2023 · Other Building Finishing Contractors
- Keystone Garage Solutions LLC — Easton · $262K · FY2025 · Other Personal and Household Goods Repair and Maintenance
- Garage Kings of South Charlotte — Clover · $366K · FY2024 · Flooring Contractors
- Garage Kings Eastern Mass — Natick · $500K · FY2023 · Flooring Contractors
Top lenders for this brand
Most active states
- 1.Pennsylvania (3 loans)
- 2.Kentucky (1 loans)
- 3.Georgia (1 loans)
- 4.South Carolina (1 loans)
- 5.Massachusetts (1 loans)
Represent Garage Kings?
Claim this brand page free to keep the numbers in context, add your story, and hear about qualified buyers early.
Common questions
How much does a Garage Kings cost to buy or open?
The typical deal for Garage Kings is $195K across 7 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $21K of buyer cash on a typical deal.
How risky is Garage Kings?
Garage Kings has 7 SBA loans on record since 2020 — too few to score a reliable failure rate. Judge the unit economics and the franchisor's disclosure document, not a small sample.
Can I finance a Garage Kings with an SBA loan?
Yes — Garage Kings has been SBA-financed 1 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.
Buying a Garage Kings franchise
Most Garage Kings buyers finance the purchase or build-out with an SBA 7(a) loan — up to 90% of the cost with roughly 10% down. The typical Garage Kings deal financed for $195K, which points to about $21K of buyer cash on a typical purchase. Garage Kings is listed in the SBA Franchise Directory (identifier S4211), so it's eligible to finance today — confirm current listing with your lender before the LOI. See the lenders that already fund Garage Kings — a bank that knows the brand approves faster — or pre-qualify for financing to see your likely loan size first.
AI summary
This profile summarizes public SBA financing activity for Garage Kings — lender activity, typical loan sizes, financing history, and risk and failure signals where available — via CapBench SBA Intelligence. CapBench is not a lender.
Source: CapBench SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. CapBench is not a lender and does not guarantee financing.
Agent summary
This page summarizes public SBA 7(a) financing for Garage Kings — typical deal size, the lenders that fund the brand, geography, and failure-rate context — from CapBench SBA Intelligence. Garage Kings is confirmed in the SBA Franchise Directory here; CapBench is not a lender and does not sell franchises.
- 7 SBA 7(a) deals since 2020
- $195K typical deal
- 1 deals since FY2025
- Too few deals to score a reliable failure rate
- SBA Franchise Directory: listed (identifier S4211)
- Top lenders: CNB Bank, Readycap Lending, LLC, Community Trust Bank, Inc.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical SBA loan records, not a current offer or franchise availability. Confirm SBA Franchise Directory listing with your lender before an LOI.
Still have questions about buying a Garage Kings?
Five minutes with a specialist who's seen Garage Kings deals close answers more than an hour of searching. Free, usually same-day.
Represent Garage Kings?
Claim this brand page to keep the numbers in context, add your story, and hear about qualified buyers early.
CapBench analysis of public lending records, FY2020–present. Charge-off rate measured on the FY2020–23 cohort. Not affiliated with Garage Kings.