Home Improvement Franchise Thrives in the Booming Industry
Fast-growing wood refinishing franchise is meeting the tremendous demand for affordable home improvement solutions
N-Hance, a wood refinishing and home improvement franchise, occupies an enviable position in the booming home improvement industry. Americans are projected to spend $450 billion on home remodeling projects in 2019, according to the JCHS. Homeowners are actively focused on investing in their homes. Due to an aging housing stock and good economic forecast, the boom will likely continue.
Because N-Hance focuses on providing affordable, fast and beautiful solutions for hardwood cabinets and floors, we are winning in a segment that faces little competition and gives homeowners the brand-new look and feel they deserve.
Even in prosperous economic times homeowners still want to save money. N-Hance helps save our customers thousands of dollars. The cost to replace cabinets can start at $20,000 to $30,000, and refacing kitchen cabinets can range from $15,000 to $20,000. N-Hance, on the other hand, offers beautifully refinished cabinets for $3,000 to $7,000. Our customers still have money left over to spend on additional home projects.
“Remarkable things are going on with N-Hance. Innovation is driving our success,” says D’Wayne Tanner, Vice President of Franchise Development for N-Hance. “Over the past two years, we’ve launched a cabinet door replacement program and floor sanding technology which virtually eliminates the dust derived from sanding floors and allows us to refinish even engineered floors. These programs have led to top line sales growth of over $50,000 by the top 25% of our franchisees. Our franchisees are turning our customers “drab” kitchens into “FAB” kitchens in just a few days. It’s a remarkable brand with an even brighter future.”
Daniel Geier, an N-Hance franchisee in Pinellas County, Florida, has created a thriving business that greatly exceeded his expectations:
“My territory serves about 650,000 people,” he says. “I can’t imagine ever running out of kitchens. I’m already at the point now where previous customers are hiring me to work on their vacation properties, rental properties or to come back and finish their kitchens. There’s a lot of opportunity to keep expanding, and there is far from a shortage of customers.”