Why the Success of N-Hance Franchise’s Parent Company Matters
The fastest-growing wood refinishing franchise is led by a parent company that is celebrating milestone after milestone
When entrepreneurs join the N-Hance franchise family, they become far more than owners of their own businesses and the drivers of their own future. They receive the full support of one the most innovative and successful franchisors in the entire franchise industry, Harris Research Inc. (HRI).
After rising to prominence with the success of the Chem-Dry franchise, now the world’s largest carpet cleaning franchise with more than 3,500 locations, N-Hance, the nation’s fastest growing wood refinishing franchise, and, its newest acquisition, Delta Disaster Servicesâ, a nationally recognized and award-winning franchise brand that provides restoration services to residential and commercial properties, HRI continues to celebrate milestone after milestone
In early 2018, HRI added Delta Disaster Services to its portfolio and helped triple the size of the award-winning property restoration franchise’s network by year’s end. As for its long-standing franchise brands, Chem-Dry saw a 37 percent year-over-year increase in the number of franchises awarded, and N-Hance celebrated the opening of its 500th location. The company is expecting continued robust growth for all three brands in 2019, projecting nearly 230 awarded franchises combined.
The company identified increased consumer spending on home services, the growing popularity of environmentally friendly options, clear brand differentiation, and smart investments as key contributors to the strong demand for its franchise businesses. In addition to the 200+ combined franchise units awarded in 2018, its legacy brands have experienced sustained growth in recent years. Chem-Dry has averaged more than 100 awarded franchises each year over the past six years, while N-Hance has more than doubled its system size in five years.
“We’re excited to have expanded our portfolio by adding Delta Disaster Services and celebrated important milestones across all three brands in 2018. We expect to build on that momentum with another year of strong performance in 2019,” said HRI President and CEO Dan Tarantin. “As our franchise systems continue to grow, we need to adapt to the changes taking place in the marketplace. We’re committed to staying true to our franchise-owner-focused culture and what makes each brand unique, but we’re also committed to adapting and innovating in our processes and services as well as in our franchise models. With the future of the overall home services market looking healthy and vibrant, we expect to see and help our franchise owners continue to grow their sales and expand their operations in local markets. We’re confident each of our franchise models offers entrepreneurs an excellent opportunity to start and grow a successful business, with well-respected and market-leading brands that have proven track records.”
HRI is committed to N-Hance’s continued growth
HRI continues to make significant investments in research and development, resulting in the launch of new and improved proprietary products in its line of superior-performing solutions and leading-edge equipment.
N-Hance has evolved from its roots of primarily refinishing floors to a major focus on cabinet refinishing, which has become its most popular service and main revenue driver. N-Hance offers an innovative, affordable cabinet and floor refinishing service that renews wood cabinets, floors and other wood surfaces at a lower cost and with less disruption than traditional remodeling projects. In 2019, N-Hance plans to award more than 70 franchises with a focus on markets including Houston, New Orleans, Washington, D.C., and Boston.
“Our growth and success are tied to the fact that all of our brands offer unique, high-quality products and services demanded by today’s customers,” Tarantin adds. “While 2018 was a solid year for us, we are projecting an even stronger year in 2019. We aim to solidify our position as an industry leader in each of our categories, not only in terms of size but in the areas of innovation, quality of work and customer service.”