N-Hance Wood Refinishing Franchise Named Top Franchise by ‘Entrepreneur’ Magazine
The fastest-growing wood refinishing franchise is ranked
a top-rated franchise by esteemed business publication
N-Hance, the fastest-growing wood refinishing franchise in the country, is becoming widely known as the go-to brand for affordable, beautiful and fast solutions for updating kitchen cabinets, doors, floors and more. In fact, shortly after celebrating the opening of our 500th location, N-Hance was named the top-rated franchise opportunity in our category by Entrepreneur magazine.
The “Simply the Best: The Top Franchises in 110 Categories” annual ranking is compiled out of the extensive data and research that determines Entrepreneur magazine’s “Franchise 500” list, widely considered to be the preeminent franchise ranking.
“With more than 1,000 companies applying for the 2018 Entrepreneur Franchise 500, just getting on our list was an achievement,” the publication states. “But some companies rose even higher above the rest, claiming the highest ranking in their category. The 2018 Franchise 500 rankings, from which this list is derived, are determined by 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.”
Since our founding almost 20 years ago, N-Hance has transformed the $361 billion American home restoration industry by focusing on revolutionizing the wood refinishing industry, a rapidly growing segment with little national competition. Through continued innovation, strong franchisee support and a proven business model, N-Hance has helped hundreds of entrepreneurs realize their full potential as business owners. In recent years, N-Hance has made significant investments in new technology, ongoing training, national marketing support and more to make owning an N-Hance franchise easier and more profitable than ever before.
“We are extremely honored to be ranked as top-rated franchise in our category by Entrepreneur magazine,” says Dan Tarantin, CEO of N-Hance. “Our mission is to continue to support our N-Hance franchisees and strengthen and grow the brand to expand our leadership position in the wood refinishing market. We expect to see continued growth by finding new franchisees who are just as passionate and through our national advertising efforts — which we ramped up last year — that have generated incredible awareness and boosted local franchisees’ business.”
What makes N-Hance a top-rated franchise opportunity?
N-Hance is one of the most forward-looking brands in the franchise industry. Our team at Harris Research, the same company responsible for helping Chem-Dry to become the world’s largest carpet cleaning franchise, invests significantly in research and development. Their efforts have developed the incomparable Lightspeed® U.V. curing technology, which shortens the refinishing process and produces less dust, mess and odor than traditional methods, as well providing the service at one-fifth the cost of the industry average.
Our labs continue to innovate, and we roll out new proprietary product lines, offerings and associated training on a regular basis. Most recently, N-Hance announced a product line designed to appeal to higher-end customers — the Cabinet Door Replacement program. Of course, having a higher-ticket item greatly increases the profit potential for our franchisees. In order to ensure that franchisees have selling power, N-Hance launched a new consumer financing program to help customers fit such larger purchases into their budgets.
Last year, N-Hance also rolled out a National Marketing Fund, which serves to grow brand awareness. By advertising in popular magazines and media outlets such as HGTV and Dream Kitchens & Baths, as well as on television on DirecTV and cable, we have won our brand more attention from consumers, as well as increased leads and sales on behalf of our franchisees.
N-Hance also has greatly enhanced the support infrastructure through our Quick Start program, which helps franchisees get established in business quickly. Because N-Hance franchisees often join our brand without marketing expertise, N-Hance provides marketing services on your behalf for the first six months of operation of your business. We invest in marketing for your new business while you’re finding your footing and getting out in your community to drive sales and build relationships.
“As a business owner, you have the opportunity to set your own schedule and do everything you want to do,” says Trevor Kafton, N-Hance’s Franchisee of the Year for 2018. “I have a young child, so it’s great to be able to go to his school plays and carve out time to spend with him. At the same time, it’s a good feeling that I can still be professional and run a growing business while taking care of my family.”
Learn more about the N-Hance franchise opportunity