Home remodeling is a $450 billion industry, and it continues to grow. One of the first rooms that becomes outdated in a home is the kitchen, so it makes sense that you’re looking to jump into the market with a kitchen remodeling business.
Researching kitchen franchise opportunities? Here’s how Kitchen Tune-Up compares to the N-Hance franchise, including franchise costs, training, and expansion.
|Franchise Fee||$79,950 (Initial Franchise Fee: $19,950 Initial Territory Fee: $60,000)||$17,123 to $46,050|
|Initial Investment||$119,930 to $173,850||$57,823 to $168,545|
|Net Worth Requirement||$200,000||$70,000 – $90,000|
|Liquid Capital Requirement||$71,930||$50,000|
|Royalty Fee||$71,930||$392.45 for the first six months and $785.51 thereafter)|
|Ad Royalty Fee||1%||$228/mo.|
Kitchen Tune-Up advertises itself as a cabinet refinishing business, but they also do custom cabinets and countertops. The brand has been around for nearly 35 years. Compare that to N-Hance, which started in 2001, yet N-Hance has almost double the units.
So, what’s included in the initial Kitchen Tune-Up franchise costs besides the franchise fee and territory fee? Franchisors will receive a computer, iPad, manuals, product samples, starter marketing materials, home show exhibit materials, branded clothing, assistance with hiring, onboarding software, computer operating system, starter product inventory, and tools.
The franchise provides a four-week pre-training online course for franchisees. This program teaches new owners how to set up a business phone number and insurance and begin building a marketing plan with Kitchen Tune-Up’s marketing director. Next, owners will spend five days at the Experience Center in Dallas for technical, marketing, sales, accounting, and operations training.
The N-Hance Advantage
There’s a reason N-Hance is deemed the fastest-growing wood refinishing franchise. We use technology that puts us in a league of our own. On top of that, we provide our franchisees with a proven model and detailed training that sets them up to build a successful business.
Franchisees are assigned a Quick-Start Coach that guides them through the first year of business. Plus, access to an online training platform called N-Hance University and seven days of hands-on training at N-Hance headquarters in Logan, Utah. You’ll learn everything there, from the tricks of the trade to best practices for marketing and sales.
Our wood refinishing services are among the fastest and cleanest out there. We created the Lightspeed U.V. curing technology that allows us to refinish cabinets and flooring without sanding, creating dust, and waiting for it to dry. The best part is that it’ll cost your customers one-fifth of the industry average.
With N-Hance, you won’t need to work with contractors as other wood refinishing businesses do, including Kitchen Tune-Up. Instead, our technology allows you and your technicians to provide complete services from basic floor renewal to completely restoring and protecting floors in one day.
Your initial investment includes your business vehicle, phone and business licenses, permits, insurance, and our computer system. In addition, you’ll receive a one-year membership to NextDoor, website domain, listings in local business directories and Google My Business, mailers, pay-per-click advertising, social media paid advertising and a vehicle wrap.
All of this doesn’t have the break the bank either. As you can see in the comparison chart, our entry costs are lower than Kitchen Tune-Up franchise costs and we provide in-house financing to qualified candidates. So, if you’re looking to get in on the ground floor of a rapidly expanding brand, request franchise information today.