N-Hance Franchise Ranked a Fastest-Growing Franchise by Entrepreneur Magazine
N-Hance Wood Refinishing was recently ranked in Entrepreneur magazine’s Fastest-Growing Franchises list.
This highly competitive list recognizes the 150 companies with the greatest franchise unit growth in North America, based on data submitted for Entrepreneur’s Franchise 500® ranking. Thanks to its exceptional growth, N-Hance Wood Refinishing was ranked #52.
“N-Hance had another year of tremendous growth, adding new franchisees and seeing a big gain in comp sales”, says D’Wayne Tanner, N-Hance’s Senior Vice President of Franchise Development. “N-Hance fills a gap in the home improvement market, offering beautifully refinished cabinets and floors to its customers in a fast and cost-effective way. We have become the go-to refinishing franchise and company!”
In 2019, N-Hance opened 41 new franchise businesses in the U.S alone.
“Growth is what franchising is all about,” says Jason Feifer, Entrepreneur’s editor in chief. “And this ranking of the fastest-growing franchises offers insight into what industries are trending, which specific businesses are thriving, and what strategies are translating into success in the current franchise market.”
Entrepreneur’s 2020 Fastest-Growing Franchises ranking is based on each company’s net franchise-unit growth in the U.S. and Canada from July 31, 2018, to July 31, 2019, with ties broken based on percentage growth. N-Hance’s position on the ranking demonstrates the brand’s rising popularity with both franchisees and customers.
Learn more about the N-Hance franchise opportunity
N-Hance is a low-cost, highly-scalable investment opportunity with potential for high returns. The total investment estimate to begin operations ranges from $51,970 to $167,023, which is significantly lower than other home restoration franchises or concepts within the home remodeling industry. The franchise fee for your first territory typically ranges from $13,259 to $46,028.