What are My Startup Costs?
N-Hance franchise cost is an affordable wood refinishing franchise opportunity that is easy to run and easy to scale
As the nation’s fastest-growing wood refinishing franchise, with over 500 locations open in the United States, N-Hance provides entrepreneurs with a proven path toward realizing their full potential. Our passionate executive team, with decades of experience in growing franchise systems, works diligently to foster franchisees’ success. N-Hance is designed to be easy to scale and easy to run. With exceptional initial and ongoing training and support in place, N-Hance franchise cost offers a fast ramp-up time that will allow you to get your business up and running rapidly and a firm commitment that you will never be alone in your business.
N-Hance is a low-cost, highly scalable investment opportunity with potential for high returns. The total investment estimate to begin operations ranges from $52,369 to $168,747, which is significantly lower than other home restoration franchises or concepts within the home remodeling industry. N-Hance’s proven business model and industry-leading reputation make us a best-bet investment opportunity in the booming market. The franchise fee for your first territory typically ranges from $11,669 to $47,752.. To make your investment even more affordable, N-Hance offers in-house financing for qualified applicants.
Here’s our FDD Item 7, which details the specific startup costs of our franchise offering:
|Type of Expenditure||Amount||Method of Payment||When Due||To Whom Payment is Made|
|Initial License Fee||$11,669 to $47,752, per franchise||Part Lump Sum, Remained in Installments||The Initial Fee is payable when you sign the Franchise Agreement||NHI|
|Initial New Business Set, Equipment and Product Package Fee||$11,000 - $20,995|
|Marketing and Operations Package Fee||$23,000|
|Business Vehicle||$0 - $35,000||As agreed||As Incurred||Third Parties|
|Three Month's Rent||$0 - $4,000||As agreed||As Incurred||Third Parties|
|Telephone and Business License||$400 - $4,000||As agreed||As Incurred||Third Parties|
|Travel Expenses while Attending Training||$1,000 - $4,000||As agreed||Prior to attending training||NHI or HRI and Third Parties|
|Insurance||$600 - $6,000||As Incurred||As Incurred||Third Parties|
|Additional Funds - 3 months||$2,500 - $12,000||As Incurred||As Incurred||Third Parties|
|Computer System||$0 - $2,000||As agreed||As Incurred||Third Parties|
|Advertising - 3 months||$1,500 - $5,000||As agreed||As Incurred||Third Parties|
|Permits and Licenses||$700 - $5,000||As agreed||Third Parties|
|TOTAL ESTIMATED INITIAL INVESTMENT||$52,369 to $168,747|