Franchises for Women: 5 Top Choices
If you’re hungry for a new business opportunity, a kitchen and bath franchise can be a lucrative investment. To determine if it’s the right business for you, Kitchen Tune-Up is ready to help you learn what makes these remodeling opportunities a recipe for success.
The home improvement and remodeling industry has experienced significant growth in recent years. According to Harvard University’s Joint Center for Housing Studies, Americans are expected to spend $458 billion on home improvement in 2024, up from $371 billion in 2021. Kitchen and bath renovations represent a substantial portion of home remodeling spending. Whether homeowners want to modernize their kitchen or upgrade a bathroom, these high-traffic rooms are often top renovation priorities.
Here’s why a kitchen and bath franchise is a solid investment:
- Strong market demand: Kitchens and bathrooms are two of the most commonly remodeled rooms, according to Houzz. At least 29% of home remodeling projects are kitchens, followed closely by bathrooms.
- High profit margins: Kitchen and bath remodeling franchises offer the potential for high profit margins. Without the need for large retail spaces, many kitchen and bath franchises can be run with minimal overhead. The average sale amount at Kitchen Tune-Up was more than $13,000 in 2023.*
- Recession-resistant: Homeowners often prioritize kitchen or bathroom remodels as essential home improvements, even during economic downturns because of the value they add to a home. Kitchen upgrades are one of the top-selling points this year, according to 67% of real estate agents.
- Scalable opportunity: A remodeling franchise can start small and grow over time. You can begin with a few small projects or operate out of a home office, then scale up as you gain more experience and expand your client base. This flexibility makes it easier to manage costs and gradually build a larger operation.
- Caters to home improvement trends: Baby boomers continue to spend more on home remodeling than any other generation. As they get older, they’ll need to upgrade their homes to accommodate long-term living. At least 71% of baby boomers want to stay in their homes as long as possible. Aging-in-place renovations are particularly important in the bathroom remodeling sector, where adding accessible features like walk-in showers and safety bars is essential.
Kitchen Tune-Up: The No. 1 Kitchen Remodeling Franchise
Entrepreneur magazine ranked Kitchen Tune-Up as the No. 1 kitchen remodeling franchise. If you want to open a home remodeling business, Kitchen Tune-Up stands out for a variety of reasons:
- Quick project turnaround: We specialize in fast and efficient projects, such as cabinet refacing and reconditioning, which can be completed in just a few days. A fast turnaround allows for quicker revenue cycles and higher customer satisfaction.
- Comprehensive support: We provide extensive training, ongoing support, and a proven business model. More than 90% of our franchisees have no home remodeling experience. Whether you have a background in remodeling or are new to the industry, Kitchen Tune-Up equips you with the tools needed to succeed.
- Low initial investment: You can own a Kitchen Tune-Up franchise for as low as $82,000.* Our in-house financing of $48,000 for qualified candidates helps make the brand accessible to new entrepreneurs.
- Expanded service opportunities: Kitchen Tune-Up’s sister brand, Bath Tune-Up, focuses on bathroom renovations. By partnering with us, you can easily expand your service portfolio to become a one-stop shop for two of the most essential and high-demand home improvement services.
Learn More About Kitchen Tune-Up
Our low-investment, flexible business model enables you to open a showroom or have a home office. To learn more about partnering with Kitchen Tune-Up, inquire now!
*See FDD for details.