Home Improvement Franchise Opportunities: 4 Top Picks and Why
These days, it seems everyone is leaving their job and searching for a business they can be passionate about. To accomplish this, many are turning their attention to the world of remodeling.
As an ever-growing industry, it is no wonder so many find themselves interested in starting a home improvement business. Home improvement has had a steady upward growth trend that continues through today. Current predictions for the industry have it set to hit over $1.9 Trillion by 2028.
It’s been a long time since it wasn’t a good idea to get into this industry!
What Type of Home Improvement Franchises Should I Consider?
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.
Roofing and decks, basements, windows, room additions, and whole-house remodeling are just a few of the options. There are more types of home remodeling than room types in a home.
Kitchen and bathroom remodeling are the two most common remodeling projects homeowners undertake. In addition to this, they also both have the highest return on investment. These two factors make them great options when considering home improvement franchise opportunities.
What are the best opportunities within this industry?
There are many different ways to enter into the world of home improvement. The ideal option depends on your specific needs. Many elect to go with a franchise because it allows them many advantages over starting with an unknown name in a new business.
When looking into the different home improvement franchise opportunities on the market, the five that stand out are:
1. DreamMakers
DreamMakers Bath & Kitchen offers the ability to grow into a full-fledged interior remodeling business. This company requires 6-12 months of upfront capital from would-be franchisors. That makes them one of the more expensive options out there for kitchen and bathroom remodeling.
Those considering a franchise from this particular company can expect a total investment between $200k-$250k to start with.
2. Kitchen Refresh
Kitchen Refresh is a remodeling business that provides complete remodeling services for homeowners. This includes cabinets, countertops, and all other elements of a kitchen remodel. This company prefers a background in interior design or remodeling.
Kitchen Refresh is a less expensive option than most. Initial franchise fees range from $2,500-$25k, and franchise fees can add $15k on top of this. The price is lower with Kitchen Refresh because they don’t offer as much as the other options.
They usually require experience from franchise owners, making it an excellent option for those already familiar with what they’re doing.
3. Kitchen Solvers
Kitchen Solvers is a home-based Kitchen remodeling business focused on cabinet refacing. They currently operate in at least 20 states and don’t require former experience. With Kitchen Solvers, the focus is mainly on the business’s customer service and sales elements.
Would-be franchise owners can expect a total investment of between $91k-$116k. The franchise fee associated with this option is $60k, with a two-week training course, customer management, marketing platform, and ongoing support and training included.
4. Kitchen Tune-Up
Kitchen Tune-Up is among the best low-cost home improvement franchise opportunities available. Our remodeling experts update kitchens in as little as 1-5 days. We make the remodeling experience fun, with little to no hassle for our customers. For over 30 years, we’ve been offering homeowners multiple ways to update kitchens, from our 1-Day Signature Tune-Up, to cabinet painting, reddoring, refacing, to brand new custom cabinets and full kitchen remodels, we offer solutions for any budget, making us a great home improvement franchise opportunity.
For an initial investment of $72,000, would-be Kitchen Tune-Up owners gain access to everything needed to maintain a dream business. Included in this fee is:
- An iPad and Computer with complete operating systems, including proprietary software
- Samples of products (trim, doors, colors, etc.)
- Starter material for marketing success
- A booth, pop-up banner, and branded tablecloth for home show exhibits.
- Branded Kitchen Tune-up clothing
- Four weeks of pre-training via an online course
- 3 days of virtual training with five days of in-class training at the Experience Center in Dallas
- 12-weeks of action items for a home study
- Business coaching and support
- Starter products and tools, including specialized tools
Kitchen Tune-Up also offers in-house financing options to make the initial investment easier. All this establishes Kitchen Tune-Up as the best home improvement franchise opportunity available.
Let’s Get Started!
If you’re interested in getting started with your very own home improvement business, Kitchen Tune-Up is here to help!
Our dedicated team of professionals will show you everything you need to know to succeed in this flourishing field. From equipment to training to marketing, we’re here to make sure that you get set up to accomplish the goals you need with the business of your dreams.
Contact us online or call us today at (888) 980-5210 to get the conversation started. We’d love to show you just how possible your dream business can be!