Concept Description
Why N-Hance?
Top-rated wood refinishing franchise provides fast, affordable, and beautiful solutions to homeowners
N-Hance is one of the brightest brands in the $450 billion home remodeling industry. By providing homeowners with fast, affordable, and beautiful solutions for kitchen cabinets, hardwood floors, and more, N-Hance has grown to 288 locations in North America and is now the dominant brand for wood refinishing in the nation.Homeowners love N-Hance because we do things differently. In the past year, we’ve seen over 1 million unique visitors to our consumer website and many of our franchise owners are busier than ever before with bookings extending out months in advance.
The reason for this is simple: we provide the wow factor that homeowners are seeking for a fraction of the cost of the industry average and without any of the disruption that is commonly associated with remodeling projects. Our jobs take less than a week to complete on average, and because our proprietary methods produce less dust and odor than traditional refinishing methods. Our customers can live in their homes while the job is in progress. Our commitment to exceptional customer experience and beautiful end results has won us a stellar reputation – another rarity in our industry.
“We completely transform spaces to the point where we make people’s jaws drop,” says Bob DeGraff, President of N-Hance. “With remodeling spending reaching strong levels, the fact that we’re affordable, efficient, and provide exceptional results means that we’re in constant demand. After the pandemic, many of our franchise owners are doing better than they’ve ever done before, which makes our business model both recession and pandemic-resistant. The word is getting out that our franchise owners are doing extraordinary things in their businesses and we’re expecting to experience strong growth going forward as a result.”
We help you get up and running quickly
One of the best aspects of franchising with N-Hance is the fact we have left nothing to chance. Our goal is to help you ramp up as quickly as possible, which is why our business model is as straightforward as it gets. You don’t need experience in home remodeling or wood refinishing to franchise with N-Hance – all you need is the drive to succeed. We can teach you the rest.
In order to help you get off on the right foot, we’ve developed a Quick-Start program to help you through your first year in business. We provide hands-on training from industry experts, a personal coach to help you through the day-to-day of running your business, comprehensive marketing support, and all the resources you need to become established.
“The franchise owners who have graduated from the Quick-Start program are seeing tremendous results,” Jensen says. “’I believe that we have the best training and support in the industry and it’s because we don’t rest on our laurels. As a franchise system, we’re always investing in training and support because our only job is to help our franchise owners become successful. Everyone in this organization works day in and day out to help our franchise owners grow their businesses.”
Unit Option
Single, Multiple
Background
FDD Franchised Units: 209
Corporate Owned Units: 0
Projected New Units: 11
Year Established: 2003
First Year Franchised: 2003
Type of Business: Franchise
Number of Employees: Small (1-5)
Availability
Territories: United States
Financials
Liquidity: $50,000
*Investment Range: $72,568 - $193,845
Minimum Net Worth: $100,001 to $250,000
Franchise Fee: 45000 for the first territory 40000 for each additional
Royalty: 2%
Royalty Description: 6% of Gross Revenue or the minimum monthly royalty, whichever is greater
Advertising: $1,500/month or 8% of Gross Revenue (whichever is greater) months 1-12; $2,000/month or 8% thereafter
National Advertising: 2% of Gross Revenue for months 1–3. From months 4–9, pay the greater of 2% of Gross Revenue or $150 per territory per month. After month 9, the min. increases to $300 per territory per month.
Passive Ownership: Passive Ownership NOT Allowed
Passive Ownership means the owner is working 15 hours or less per week in the business.
Available Discounts
- Veterans
Discount Description: $4500 off franchise fee
Training, Support and Assistance
Co-Operative Advertising: N/A
Site Selection Assistance: N/A
Lease Negotiation Assistance: N/A
Length of Training: 40 hours
Operational and Marketing Tools:
N-Hance franchise opportunities have some of the most robust marketing support platforms in the industry
Marketing can be one of the most overwhelming aspects an entrepreneur faces on the way to getting a new business off the ground. Resources, especially at the beginning, are precious and need to be spent wisely in order to generate the most return. In order to address this head on, N-Hance has developed one of the most robust marketing support platforms in the franchise industry.
N-Hance entrepreneurs are provided with a full suite of marketing tools, comprehensive training and ongoing guidance to help your new business grow and prosper over the long-term. Because N-Hance offers franchisees a fast ramp-up to begin operating your new business, our marketing support begins as soon as you sign the franchise agreement. What truly makes us a unique franchise system is that our support continues for as long as you remain with the N-Hance franchise family.
This is how we help you market your N-Hance franchise
Upon signing your franchise agreement, N-Hance will begin your franchise training in earnest. You will be assigned to a Quickstart Coach who will help you through the first year of getting your business established. This begins at N-Hance University, which is an online, mobile-friendly platform that hosts dozens of hours of training webinars and videos that includes programs focused on marketing. This tool is extremely important, as it is often updated, and you will continue to use it not only to stay on top of the latest best practices, but also to train your team on marketing strategies as you grow.
During your 9-day training session at our headquarters in Logan, Utah, your Quickstart Coach also will help you to create a marketing plan designed specifically to be effective in your area.
N-Hance also provides you with a comprehensive six-month marketing package to help kick start your new business and start generating leads as soon as possible. The program includes:
- Creation and hosting of your website, including local content for SEO
- Listings in 50+ local Business Directories, including Google My Business
- Home Show package, including retail display, brochures, and other items
- Social Media setup and postings
- Pay Per Click advertising to ensure your business ranks high on search engines such as Google
- Vehicle wrap to showcase your business and the N-Hance Brand
The marketing collateral such as brochures, postcards and mailers are updated on a consistent basis, and we will counsel you as to when to send your materials out in order to be most effective.
N-Hance is proud to report we’ve created a brand marketing fund focused entirely on growing nationwide brand awareness. We work with our franchisees to develop meaningful television, radio and print advertisements in order to help your community know that your business is the one to trust for wood refinishing services.
Our brand marketing fund has run commercials on connected TV, DIRECTV and cable on stations including HGTV, DIY, Food Network, Cooking Channel, Travel Channel, TLC, Destination Country, Bloomberg, CNBC, CNN, Fox Business, Fox News, Headline News, MSNBC and The Weather Channel.
In addition to television, N-Hance also publishes advertisements in national magazines such as Martha Stewart Living, Beautiful Kitchens and Baths, Do It Yourself magazine, HGTV Magazine and many others. Recently, N-Hance public relations efforts have won us positive press in outlets such as Good Housekeeping, Martha Stewart Living and HGTV Magazine.
Financing Assistance: Available
