The Top Home Improvement Franchises All Have These Qualities
What do the top home improvement franchises all have in common? Kitchen Tune-Up can help you learn more about what makes home repair and remodeling franchises successful.
Home Remodeling Industry Posts Gains
The home repair market posted record gains in 2021 as remote working and hybrid schedules prompted people to create multifunctional spaces in their homes and take steps to make their homes sanctuaries to enjoy safely. As the impact of the pandemic began to wane in 2022 and growth cooled, the home repair market continued to post positive results. New homeowners, consumer trends, and evolving technology are helping the home remodeling industry thrive. Rather than downsize, many retiring baby boomers are opting to keep their existing homes, helping further fuel the need for repairs and remodeling. The home repair market grew 26% to $475 billion in the past year, according to Anji.
Finding the Right Franchise
If you are considering investing in a home repair business, franchising can be a lucrative opportunity. Franchising allows you to start a business with less risk and the potential for high rewards. By making an initial upfront investment and paying limited ongoing fees, you gain access to a business with a history of success, support, and brand recognition. Our franchise helps customers give their kitchens a face-lift with our five core services. It’s a low-overhead, scalable franchise business that can be run from a home office or retail location.
The number of residential and commercial franchise locations was slated to rise 2.7% to 77,708 in 2022, according to The International Franchise Association. Finding the right franchise investment in the booming home repair segment can be challenging. Understanding what Kitchen Tune-Up and other top home improvement franchises have in common to achieve success is a great place to start.
The right franchise has spent years honing its processes and procedures to ensure you are investing in a turnkey business model. Kitchen Tune-Up is part of Home Franchise Concepts, one of the nation’s largest franchisors in the home services industry. Home Franchise Concepts brands, include Budget Blinds, The Tailored Closet, Bath Tune-Up, Concrete Craft, and more. Having the resources of an industry leader offers stability and assurance for potential entrepreneurs.
Investing in an established brand helps you start out on top of the competition in your local market. People are familiar with your brand and have confidence in the quality of service.
Kitchen Tune-Up has more than 34 years of experience in giving customers their dream kitchens. We offer 5 core services, including our signature tune-up of existing kitchens by reconditioning or repainting existing cabinetry, and improving kitchen organization. Franchise owners can provide customers with a fast, low-cost upgrade to an existing kitchen, all the way up to offering complete kitchen remodels.
Many people explore entrepreneurship because they are tired of the corporate grind. They are searching for an opportunity to invest in themselves and control their own destiny. Having a flexible schedule and fostering work-life balance is a priority. Top home improvement franchises help owners achieve a flexible future and diversify their investments to prepare for retirement.
As part of Kitchen Tune-Up’s business model, owners hire contractors to do improvements and focus their efforts on scaling the business. They can also work from a home office or establish a retail location. Our business model keeps succession planning and retirement in mind by offering a clear exit strategy when entrepreneurs are ready to enjoy their twilight years.
Superior training and support
Successful home improvement franchises make sure their owners receive the training and marketing support they need to achieve profitability. Training should be conducted in person and out in the field. Many franchises offer a combination of online, in-person, and field training to make sure new owners have the knowledge and skills they need to get started. Kitchen Tune-Up conducts 10 days of virtual and in-person training and all new franchisees are required to complete a pre-training program. And our training is followed by a 12-week action plan with accountability.
Having the right technology to create a seamless operation is important. Home improvement franchisors need to provide design tools, scheduling, financial management, and more. Kitchen Tune-Up assists with hiring by offering a software program that gives franchisees access to an online portal to post jobs quickly and push them out to online job boards. All open positions are listed on our website and you can review applicants via a paperless process.
Kitchen Tune-Up: A Home Services Leader
For an initial investment of $119,930 to $173,850, which includes a one-time franchise fee of $79,950, you can launch one of the top home improvement franchises. Inquire now to learn more about Kitchen Tune-Up and connect with one of our franchise advisors to learn more.