Home Improvement Franchise Opportunities: 5 Top Picks and Why
As an ever-growing industry, it is no wonder so many people are interested in starting home improvement franchises. The home improvement industry reached $470 billion in 2023 and is expected to continue to grow. Read on to see some of the best home improvement franchise opportunities and why they’re a great investment.
Top Home Improvement Franchises
A home improvement franchise enables you to partner with a recognized brand and gain access to first-class supplies and premium technology solutions. The franchisor has already laid a strong foundation; it’s up to you to build the business.
When deciding on a new franchise, the first consideration is the type of service you would like to provide. There is no shortage of opportunities for something as essential as people’s homes. Five types stand out:
- Flooring: A flooring franchise focuses on the installation and repair of hardwood, carpet, tile, and other types of flooring. They can cater to both commercial and residential customers. The flooring market is highly competitive, and you’ll have to focus on marketing to stand out. Building relationships with real estate investors, contractors, and property managers who often need flooring services regularly enables you to generate consistent business.
- Painting: A painting business is a low-investment opportunity with a strong market. Interior painting is one of the top three home maintenance projects, according to Angi. However, demand for your business may slow down during colder months or in regions with extreme weather, leading to income fluctuations.
- Outdoor living: The outdoor decor market surged during the pandemic when people used their vacation budgets to make home improvements. Whether it’s building an outdoor kitchen, pergola, or screened-in porch, an outdoor living franchise can be lucrative. Although demand for outdoor living remains high, you’ll have to cope with the weather. Rain, high temperatures, and other weather conditions can disrupt project schedules, causing delays.
- Window replacement: The median age of a home in the U.S. is more than 40 years, making window replacement a necessary service. Government incentives for energy-saving upgrades are also driving customers to replace old windows. A window franchise has a high initial investment, and the high price tag on new windows can reduce the number of customer leads.
- Kitchen remodeling: A Houzz survey reveals at least 29% of homeowners remodeled their kitchens in 2023 and the median spend hit $24,000. A kitchen remodeling franchise has high growth potential and allows you to fill a specialized niche in the home improvement industry.
Kitchen Tune-Up a Strong Franchise Choice
Kitchen Tune-Up is one of the best franchises to invest in today. Our remodeling experts update kitchens in as little as one to five days. We make the remodeling experience fun, with little to no hassle for our customers. For more than 30 years, we’ve been offering homeowners multiple ways to update kitchens. From our 1-Day Signature Tune-Up to cabinet painting, re-dooring, and re-facing, to brand new custom cabinets and full kitchen remodels, we offer solutions for any budget, making us a great home improvement opportunity.
For a low initial investment starting near $82,000*, Kitchen Tune-Up gives you everything you need to run a successful home improvement business. Included in this fee are:
- A computer and iPad with all manuals and supplier information
- Product samples
- Starter marketing materials
- Home show exhibit pieces
- Starter supply of Kitchen Tune-Up branded clothing
- Employee hiring and onboarding software
- Four weeks of online pre-training and fourteen days of virtual and in-person training
- A 12-week, post-training action plan with accountability
- A personalized launch coach for the first three to seven months
- Ongoing business coaching and support
- Proprietary software and business operations manuals
- Starter product inventory for wood restoration and tools for refacing
- National group buying power
- Specialized tools, including Augmented Reality App
Kitchen Tune-Up also offers in-house financing options to make the initial investment easier. All this establishes Kitchen Tune-Up as one of the best home improvement franchise opportunities.
Let’s Get Started!
If you’re interested in starting your own home improvement business, Kitchen Tune-Up is here to help! From equipment to training to marketing, we’ve got you covered. Inquire now to connect with a franchise expert from our team.
*See FDD for details.