With leads up more than 25%, N-Hance franchise owners are benefitting from pent-up demand
Although the Coronavirus has impacted many brands and industries around the world, a significant amount of time spent at home has left homeowners thinking about what they want to improve. As a result, franchise owners with N-Hance Wood Refinishing are not only finding success in today’s environment with a slight increase in sales for the first half of 2020, but also leads are up more than 25% versus this time last year.
The industry agrees. Houzz, an online home remodeling platform, reported a 58% annual increase in project leads for home professionals in June this year. In fact, with more people spending more time at home and cooking for their families, kitchen and bath remodels saw a 40% increase in demand in June 2020 compared to June 2019.
“There’s been a tremendous demand for our service in the $450 billion home improvement industry, and kitchen remodels top all other renovations in terms of their return on investment,” says D’Wayne Tanner, SVP of Franchise Development at N-Hance. “With families spending so much time at home, they are thinking more and more about remodeling projects. As a result, our national footprint and brand awareness is growing every single day. In 2017, we had about 5,000 visitors to our website every month. Today, we have about 25,000 monthly visitors to our website. If you’re looking to get into this business, now is a great time because we can’t meet demand.”
With the demand for home improvement projects continuing to increase, entrepreneurs have a chance to capitalize on this trend by investing in an N-Hance Wood Refinishing franchise. As the fastest-growing wood refinishing franchise in the nation, N-Hance franchise owners stand out from the competition by providing an unmatched service to home and property owners — beautifully restored cabinets, doors and floors at a fraction of the cost and time compared to replacement and traditional refinishing.
As a franchise opportunity, N-Hance is committed to helping our franchise owners thrive in business, which is a key advantage during this pandemic. Since our founding nearly two decades ago, our wood refinishing franchise has helped hundreds of entrepreneurs excel in a rewarding business that helps homeowners achieve their dream kitchen without having to pay a hefty price tag. Additionally, with around 500 locations in North America, N-Hance still has plenty of room for growth.
This is why as we continue our nationwide expansion, we are actively looking to recruit service-minded entrepreneurs who want to own a viable business opportunity that offers high margins, and a business model that’s easy to understand and quick to scale. If this sounds like you, now is a great time to join our franchise family.
Learn more about the N-Hance franchise opportunity
N-Hance is a low-cost, highly-scalable investment opportunity with potential for high returns. The total investment estimate to begin operations starts at $52,369, which is significantly lower than other home restoration franchises or concepts within the home improvement services industry.