Franchise FAQ

how to n hance franchise

by Ms. Alexandria Weimann DVM Published 2 years ago Updated 1 year ago
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To franchise with N-Hance, you will need to have minimum liquid capital of $50,000 to open your business. Is there a continuing royalty fee? Yes. The continuing royalty fee ranges a minimum monthly royalty of $201 – $755.

This is a low cost, highly scalable opportunity with a proven business model. To invest in owning your own N-Hance franchise the minimum liquid capital requirement is $50,000, and the initial franchise fee is between $13,347-$64,582 The total investment ranges between $58,547-$197,582.

Full Answer

How much is an Nhance franchise?

N-Hance's proven business model and industry-leading reputation make us a best-bet investment opportunity in the booming market. The franchise fee for your first territory ranges from $17,123 to $46,050.

How many Nhance franchises are there?

We exclusively use eco-friendly water-based polyurethane finishes containing low levels of VOCs, making them virtually odorless and safe for indoor use. N-Hance Wood Refinishing has over 425 franchises across the United States, and Canada, and is backed by the BELFOR Franchise Group.

Who owns Nhance?

Sammy Dosch owns and operates N-Hance Over the Mountain in Birmingham, Alabama.

How Do franchise fees work?

Franchise marketing fees are usually based on your monthly revenue. For instance, if your average monthly revenue is $25, 000, and the franchisor charges a 2% marketing fee, you'll have to pay your franchisor $500. (That's $6, 000 annually.)

What paint does Nhance use?

N-Hance custom color finishes have been formulated specifically for cabinets. Rather than a latex base, we use a water-based polyurethane base, combined with acrylic tinting formulas. This makes our custom color finishes more durable, long-lasting, and scratch-resistant than latex paints.

How much does a restoration franchise cost?

The total investment estimate to begin operations on a new restoration franchise ranges from $84,500 to $193,125.

What paint do pros use for cabinets?

Oil-based paint is the traditional choice for painting kitchen cabinets. It offers a durable finish and can be used on both wood and laminate cabinet surfaces. However, it can be slow-drying and smelly, so it's not ideal for everyone.

How much does it cost to professionally spray paint kitchen cabinets?

You should expect to pay roughly $40 per linear foot to spray paint the upper cabinets and $80 per linear foot to spray paint the lower cabinets if you go that route. Spray painting cabinets will allow you to utilize high-quality lacquer paint for increased durability.

How long does refinishing cabinets last?

With proper care of professionally painted kitchen cabinets, you can expect your newly painted cabinets to last 8-10 years! While new cabinets will last you much longer, they will also cost thousands more, which can be an unnecessary expense in some cases.

How many Mr Handyman franchises are there?

Mr. Handyman gives franchisees the chance to gather teams of construction and repair experts in more than 225 locations across the U.S. Mr. Handyman provides solutions for thousands of clients, including baby boomers, maintenance-minded homeowners, and coming-of-age millennials.

How many screenmobile franchises are there?

Founded in 1980 by a father and two sons, what began as a single truck and tent trailer operation has expanded into over 120 Screenmobile licenses in over 25 states. Today, the iconic Screenmobile truck and trailer has become synonymous with unmatched customer service and commitment to craftsmanship and quality.

How many Linex franchises are there?

Over 425 of these franchises are located in the U.S. Line-X is one of the top manufacturers of spray-on protective coatings in the country.

How many US Franchisors are there?

In 2022, it is estimated that there will be some 792,000 franchise establishments in the United States, outputting some 827 billion U.S. dollars and employing 8.5 million people.

What does a N-Hance Franchise Cost?

To invest in owning your own N-Hance franchise the minimum liquid capital requirement is $50,000, and the initial franchise fee is between $17,123-$46,050. The total investment ranges between $57,823-$168,545. Support, training and in-house financing is available.

Is the home improvement industry booming?

The home remodeling industry is booming: The Joint Center of Housing Studies at Harvard University reports in their 2019 study that the home improvement market hit a record of nearly $425 billion in 2017. The research outlet reports that the combination of aging homes (the average home is more than 50 years old), rising home prices in many markets, and an aging population (10,000 people are becoming seniors every day), will lead to a strong home-improvement market for years to come.

Is N-Hance a franchise?

Led by the same visionary leadership team that launched Chem-Dry, now the world’s largest carpet-cleaning franchise, N-Hance is a tremendous opportunity for entrepreneurs who want to join a proven, fast-growing brand and build a brighter future for themselves without breaking the bank.

Is N-Hance a home improvement company?

With more people spending time safely in their homes, home improvement services are on the rise. N-Hance wood refishing franchisees are seeing sales and leads increase. Help meet the demand for these services and come dominate this lucrative segment of the $450 billion home-improvement industry.

What are the top reasons to invest in an N-Hance franchise?

N-Hance is a low-cost investment: While a lot of brands will boast about their low entry costs, N-Hance truly is affordable. The total investment estimate to begin operations ranges from $51,970 to $167,023, and this low cost of ownership means that N-Hance franchise ownership is accessible to many more entrepreneurs than other home-improvement brands on the market. N-Hance also offers in-house financing.

What is N-Hance wood?

N-Hance is a wood refinishing franchise that uses a proprietary refinishing process and product line that requires no sanding and uses an instant-curing U.V. process for hardwood floors and kitchen cabinets.

What happens after a franchise signs?

After a new franchise signs their contract, they are able to hit the ground running with legitimate leads and jobs because of our partnerships and national marketing efforts. With that said, when a new franchisee buys into N-Hance, they buy into a well-established power and presence on the internet. Our national website, nhance.com, generates leads and business for each franchise by informing customers of our services and directing them to individual franchise pages.

Why is Home Depot partnering with Home Depot?

Part of our partnership with The Home Depot is to ensure that associates fully understand our service. By helping them better understand N-Hance, they help you get more clients!

Is the N-Hance Visualizer patented?

Our unique dust-containment system which is used with our buffers is also patented. We even patent our color films, our new application process for color transformations, and our iPad “N-Hance Visualizer” App. The more patented and successfully proven methods you have at your disposal, the more prone you are to success.

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