N-Hance - Wood Refinishing - Franchise
N-Hance is one of the brightest brands in the $450 billion home remodeling industry. By providing homeowners with fast, affordable, and beautiful solutions for kitchen cabinets, hardwood floors, and more, N-Hance has grown to over 400 locations in North America and is now the dominant brand for wood refinishing in the nation.
What Does a N-Hance - Wood Refinishing Franchise Cost?
To buy a franchise with N-Hance - Wood Refinishing, you'll need to have at least liquid capital of $50,000. Franchisees can expect to make a total investment of $70,700 - $192,000. N-Hance - Wood Refinishing charges a franchise fee of $45,000. They also offer financing as well as a discount for veterans (10% Off Initial Franchise Fee). *
Requirements
Financial requirements for this franchise:
Liquid Capital: | $50,000 What does Liquid Capital mean? |
---|---|
Franchise Fee: | $45,000 What does Franchise Fee mean? |
Total Investment: | $70,700 - $192,000 What does Total Investment mean? |
Options
Options available to franchisees:
Financing: | Available |
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Training: | Available |
Veteran Discount: | 10% Off Initial Franchise Fee |
SBA Approved: | Available |
Franchisor Details
Facts about this franchise:
Total Units: | 505 |
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Home Office: | Logan, UT |
Year Founded: | 2001 |
Franchising Since: | 2006 |
N-Hance Wood Refinishing Franchise is a Best-Bet Investment
As the demand for home remodeling projects skyrockets, many N-Hance franchise owners are busier than ever.
Americans are reinvesting in their homes like never before. A year of being cooped up indoors has led to a dramatic increase in home improvement spending that is expected to continue well into the future. With kitchen remodeling at the top of the list, N-Hance franchise owners are meeting pent-up demand for affordable solutions that add value, beauty, and enjoyment. As a result, many of our franchise owners are booked months in advance and are experiencing record sales.
As a franchise opportunity, N-Hance stands out. With low costs of ownership, a proven business model designed for growth, proprietary technology, products & equipment, multiple revenue streams, and comprehensive training and support from industry experts who know to how grow a wood refinishing business, it’s no wonder N-Hance is one of the highest-rated brands in the home remodeling category.
“We completely transform spaces to the point where we make people’s jaws drop,” says Kelly Jensen, President of N-Hance. “With remodeling spending reaching record-breaking levels, the fact that we’re affordable, efficient, and provide exceptional results means that we’re in constant demand. After the pandemic, many of our franchise owners are doing better than they’ve ever done before, which makes our business model both recession and pandemic-resistant. The word is getting out that our franchise owners are doing extraordinary things in their businesses and we’re expecting to experience strong growth going forward as a result.”
Top Reasons To Invest In An N-Hance Franchise
Here Are Some Of The Reasons Entrepreneurs are Investing In N-Hance.
- N-Hance is a low-cost investment: N-Hance provides entrepreneurs with a proven path toward realizing their full potential. This begins with our low costs of ownership. The total investment estimate to begin operations ranges from $70,700 to $192,000, and because N-Hance is a business that doesn’t require an office or many employees to get started, ongoing costs are also kept low.
- The home remodeling industry is booming: MarketWatch reports that home remodeling is a $450 billion industry and it’s only getting bigger and bigger. In fact, the industry is expected to hit $500 billion by 2026. And the home remodeling industry continued to grow despite the pandemic. In fact, The Joint Center of Housing Studies at Harvard University reports “the home remodeling upturn will continue into 2023,” as homeowners are hiring professionals to tackle large scale projects in growing numbers.
- What competition? The fact that N-Hance is a national brand with a glowing reputation has allowed us to become the go-to experts for wood refinishing in the communities we serve. Our competition is primarily small-time operators who lack the professionalism, expertise, and access to our proprietary products and services – which means our franchise owners always have the advantage.
- Our Quick Start Program will help you get established fast: Once you come on board as a new franchisee, N-Hance builds out a plan that encompasses the entirety of your first year. N-Hance provides in-person training at our newly expanded, state-of-the-art training center in Logan, UT, online courses at N-Hance University, a business coach to help you set goals and exceed them, one full year of marketing support, and also sets you up with the Home Depot in your community to gain new leads quickly.
Our Franchisees Are Talking
“Now is a good time to invest in a franchise system…The products that we offer with our finishes are still top-tier, high quality products. That never changed. The customer is getting a solid product for a good price. It doesn’t matter if you’re looking at the economy…most people want to save money and get quality. It’s a good product and a good opportunity.”
— Adam Blake
“We’re offering something no one else does. Our competition? I don’t even call it competition…we offer them a solution to ripping out their whole kitchen that no one else offers them. Aside from painting, they are getting a refinish, it’s safe for us to do in their home, we have the light speed finish that nobody else has, we’re a national brand, and we can offer solutions for them such as payment options that most smaller companies can’t do.”
— Lisa and Michael Markese
“We’re crazy busy. I think the customer reception is fantastic. My technicians are great. The customers are always thrilled this is an option for them. They’re thrilled they don’t have to get rid of their cabinets. [We] can just come in, revitalize them, enhance them, and they’re always quite happy with the end result. It’s been positive.”
— Nellie Garibyan
Ideal Candidate
If you’re passionate about owning a business, understands marketing, or loves home remodeling, DIY projects, great customer service, and want to own a business that makes an impact, N-Hance is the right opportunity for right now.
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Awards
N-Hance - Wood Refinishing has received the following awards and acknowledgements:
#1 Wood Refinishing Franchise (Entrepreneur) #48 Fastest Growing Franchise (Ent.), #404 Franchise 500 (Ent.), Franchise Times Top Global Franchise, #8 Franchise Awards (Franchisehelp), Franchise Gator Top 100
Availability
N-Hance - Wood Refinishing is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Virginia, Vermont, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $50,000 in liquid capital to invest.
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