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 North America, 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 $57,823 to $168,545, 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 $17,123 to $46,050. 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 | $17,123 to $46,050, 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 | Part Lump Sum, remainder installments | Prior to Opening | Third Parties |
| Three Month's Rent | $0 - $5,500 | Lump Sum | At Signing of Lease | Third Parties |
| Telephone and Business License | $400 - $4,000 | Lump Sum | Prior to Opening | Third Parties |
| Travel Expenses while Attending Training | $1,000 - $4,000 | Lump Sum | Prior to attending training | Third Parties |
| Insurance | $600 - $6,000 | Lump Sum | Prior to Opening | Third Parties |
| Additional Funds - 3 months | $2,500 - $12,000 | Lump Sum | As Incurred During First 3 Months | Third Parties |
| Computer System | $0 - $2,000 | Lump Sum | Prior to Opening | Third Parties |
| Advertising - 3 months | $1,500 - $5,000 | Lump Sum | As Incurred During First 3 Months | Third Parties |
| Permits and Licenses | $700 - $5,000 | Lump Sum | Prior to Opening | Third Parties |
| TOTAL ESTIMATED INITIAL INVESTMENT | $57,823 to $168,545 |
