About Gasket Guy Franchise
Gasket Guy is a specialized commercial services franchise focused on the sale and installation of gaskets for refrigeration doors, freezer doors, oven doors, hardware, and cutting boards.
Franchising since 2022 under Gaskets Acquisition LLC, the brand serves a niche but essential need in the foodservice industry where regular gasket replacement is required for equipment performance and health code compliance.
The initial franchise fee ranges from $60,000 to $300,000.
Gasket Guy Franchise Cost & Fees
Minimum Investment
$80K
Average Investment
$221K
Maximum Investment
$361K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $60,000 - $300,000 | One-time payment upon signing |
| Royalty Fee | Months 1-6: $0/month; Months 7-12: $750/month; After Month 12: $1,200/month or 6% of Monthly Gross Revenues, whichever is greater. of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | If imposed, 1% of Monthly Gross Revenues | National brand fund |
| Total Investment Range | $80,050 – $361,400 | Includes build-out, inventory, working capital |
The investment range of $80K–$361K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (Months 1-6: $0/month; Months 7-12: $750/month; After Month 12: $1,200/month or 6% of Monthly Gross Revenues, whichever is greater.) and marketing fee (If imposed, 1% of Monthly Gross Revenues) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee (Note 1) | $60,000 | $300,000 |
| Vehicle – leased (3-months) (Note 2) | $1,800 | $3,800 |
| Vehicle – purchased (3- months) (Note 2) | $10,000 | $21,800 |
| Initial Inventory & Supplies (Note 3) | $500 | $2,500 |
| Initial Marketing Campaign (Note 4) | $1,000 | $1,000 |
| Legal & Accounting Fees (Note 5) | $750 | $2,000 |
| Computer Hardware & Software (Note 6) | $500 | $2,500 |
| Office Equipment, Furniture & Supplies (Note 7) | $100 | $1,000 |
| Additional Funds - 3 Months (Note 8) | $15,000 | $30,000 |
| Travel and Living Expenses while Training (Note 9) | $400 | $600 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 20% of then-current Initial Franchise Fee |
| Renewal Fee | 10% of then-current Initial Franchise Fee |
| Technology Fee | Actual costs of updated software programs and training (if applicable) |
| Audit Fee | Actual costs of audit plus interest on amount of overdue monies |
| Late Payment | $100 per incident plus 1½% interest per month, or maximum allowed by law |
| Additional Training, Assistance & Refresher Training | Reasonable per diem amount to be charged by us |
| Attorney Fees and Costs | Actual fees and costs |
| Supplier Approval | Actual costs of supplier approval |
| Relocation Expenses | Actual costs of relocation |
| Indemnification Fees | Actual costs of indemnification |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Initial training consists of 18 hours of classroom training and 22 hours of on-the-job training, completed before opening. |
| Classroom Training | 18 hours |
| On-the-Job Training | 22 hours |
| Training Location | Phase One at Home Office, Phase Two at Your Location |
| Additional Training | The franchisor may offer additional or refresher training courses from time-to-time, which may be mandatory or optional. These courses can be held at headquarters or other selected locations. Franchisees are responsible for all out-of-pocket expenses (travel, lodging, meals, wages) and may be charged reasonable fees for training classes and materials. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | Yes |
| Territory Size | an area containing a minimum of 2,000 Retail Food Service Customers Report (“RFSC”) |
| Description | Franchisees receive a protected territory encompassing a minimum of 2,000 Retail Food Service Customers (RFSC), which also determines the Initial Franchise Fee. While the territory is protected, meaning the franchisor will not operate or grant other Gasket Guy franchises within it, franchisees may still face competition from other channels of distribution or competitive brands controlled by the franchisor or its affiliates. The franchisor reserves the right to establish or license others to provide similar or competitive products/services under different marks or through other channels (e.g., internet, mail order) within or outside the territory. If the franchisor makes sales under the Proprietary Marks within the franchisee's territory through other channels, the franchisee will receive 20% of the sale amount. Franchisees may not solicit customers outside their territory without prior written approval. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | 5 years per renewal term |
| Renewal Fee | 10% of then-current Initial Franchise Fee |
| Renewal Conditions | To renew, the franchisee must give written notice 90 days prior to term end, substantially comply with all agreement provisions, maintain possession of the Office, bring it into full compliance with current standards, satisfy all monetary obligations to the franchisor and affiliates, execute the franchisor's then-current franchise agreement, and ensure all equity owners execute a general release. |
| Transfer Fee | 20% of then-current Initial Franchise Fee |
| Transfer Conditions | Transferee/assignee must meet current franchisor requirements, possess good moral character and reputation, have satisfactory credit ratings, acceptable business qualifications, and the ability to fully comply with the agreement terms. The franchisee must not be in default, pay all monetary obligations, and execute a general release. The transferee/assignee must assume the agreement, designate an Operating Partner (if an entity), and pay a transfer fee of 20% of the then-current Initial Franchise Fee (not applicable for equity interest transfers below 25%). |
| Termination for Cause | Termination for cause includes, but is not limited to: abandonment of the Office, consistent failure to pay monies or submit reports, operating in violation of federal, state, or local law, material misrepresentation on the application, unauthorized transfer or assignment, disclosure of confidential information or trade secrets, three or more notices of breach or default, engaging in activities materially adverse to the franchisor or proprietary marks, conviction of a felony, breach of lease agreement, understatement of Gross Revenues by 5% or more, excessive alcohol/drug use, misuse of proprietary marks, public safety threat, failure to comply with covenants, failure to obtain/maintain required permits/licenses, adverse judgment/consent decree involving fraud, maintaining false records, or failure to comply with product/quality control standards. |
| Non-Compete Period | During the term of this Agreement and for two (2) years commencing upon the expiration or termination of this Agreement. |
| Non-Compete Details | During the term, the franchisee cannot own, operate, lease, franchise, license, conduct, engage in, be connected with, have any interest in, or assist any gasket business (other than the Gasket Guy Office) or similar businesses anywhere. After termination or expiration, for two years, the franchisee cannot be involved in a competitive business within a 20-mile radius of the Location, the geographical boundaries of the Territory, or any other franchisee, company-owned, or affiliate-owned location. Additionally, for two years, the franchisee cannot solicit customers or employees of the franchisor or its affiliates/franchisees. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | If the franchisee is not an individual, a designated 'Operating Partner' (owning at least 25% equity) must be appointed with authority to bind the franchisee. The franchisee or Operating Partner must personally participate in the direct operation of the Office for a minimum of 50 hours per week during the first two years. After two years, direct involvement in day-to-day operations is still required. The Office must always be under the direct on-premises supervision of a fully-trained Manager, who is not required to have an equity interest. The franchisee or Operating Partner must complete the initial training program, and all new Operating Partners and Managers must be fully trained. |
| Required Suppliers | Franchisees must purchase certain products, supplies, and equipment under franchisor-established specifications and standards. These items must be sourced from designated or approved suppliers. Mandatory items include refrigeration gaskets, hardware (handles, hinges, etc.), cutting boards, and strip curtains, which must be purchased directly from the franchisor or its affiliated company. |
| Supply Restrictions | Franchisees are restricted to offering only products, services, and brands designated by the franchisor in the Manual or in writing. Unauthorized items cannot be sold or displayed. The franchisor may change mandatory and optional items, require specific brands, and prohibit others. New authorized items must be offered within 15 days of notice, and discontinued items must cease immediately, especially if they pose a hazard or are detrimental to the system. Franchisees cannot add or modify items or participate in test market programs without prior written approval. |
| Franchisor Revenue from Suppliers | The franchisor anticipates receiving vendor management fees or rebates from certain vendors. However, during the fiscal year 2021, the franchisor did not receive any revenue from franchise owners related to the purchase of required goods and services. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee your lease, note, or obligations. |
Gasket Guy Franchise Earnings — Item 19
Gasket Guy does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
Gasket Guy does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Gasket Guy Litigation & Risk Flags
Clean Litigation RecordGasket Guy has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Gasket Guy System Growth
Total Units
9
Franchised
9
Company-Owned
0
Gasket Guy currently operates 9 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 0 | 0 | 0 |
| 2020 | 0 | 0 | 0 |
| 2021 | 9 | 0 | 9 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: IN, NY, VA, CA, HI, IL, MD, MI, MN, ND, RI, SD, WA, WI
Franchisor Financials (Item 21)
Total Assets
$1K
Audited by Baker Tilly US, LLP for year ending December 31.
Gasket Guy Franchise — FAQ
The total investment to open a Gasket Guy franchise ranges from $80,050 to $361,400, per their Franchise Disclosure Document. This includes the initial franchise fee of $60,000 - $300,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Gasket Guy charges a royalty fee of Months 1-6: $0/month; Months 7-12: $750/month; After Month 12: $1,200/month or 6% of Monthly Gross Revenues, whichever is greater. of gross sales, plus a If imposed, 1% of Monthly Gross Revenues contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Gasket Guy Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Gasket Guy to ensure you have the most up-to-date version.
Gasket Guy does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
Gasket Guy has been franchising since 2022. The FDD shows an investment range of $80,050-$361,400, a Months 1-6: $0/month; Months 7-12: $750/month; After Month 12: $1,200/month or 6% of Monthly Gross Revenues, whichever is greater. royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $60,000 - $300,000 and the total investment ranges from $80,050 to $361,400 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Gasket Guy and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Gasket Guy or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com