Kitchen Tune-Up is a business offering kitchen restoration services, including cabinet refinishing, replacements, and installations. The franchise specializes in transforming kitchens through various remodeling solutions.
Key Insights
- Kitchen Tune-Up has a long-standing presence in the home improvement sector, evolving its services to meet changing homeowner needs. The business focuses on kitchen and cabinet solutions, offering a range of remodeling and refurbishment options to clients seeking to enhance their living spaces.
- The franchise operates through a network of local service providers who deliver personalized kitchen updates, cabinet refacing, and accessory installations directly to customers. This model emphasizes hands-on service and direct customer interaction for project completion.
- The industry Kitchen Tune-Up serves is characterized by ongoing demand for home renovations and aesthetic improvements, particularly in kitchens, which are central to many households. This sector sees consistent activity from homeowners looking to modernize or optimize their culinary and gathering areas.
Franchise Fee and Costs to Open
Exploring the financial picture of Kitchen Tune-Up gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $129,930 - $188,850, along with a franchise fee of $19,950 - $19,950.
Financial Performance and Revenue
Yearly gross sales of $358,151 and estimated earnings of $50,142 - $64,468 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 3.3-5.3 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Kitchen Tune-Up provides comprehensive training to new franchisees. Initial training is a two-week program held at their corporate headquarters in South Dakota. This hands-on curriculum covers all aspects of running a Kitchen Tune-Up business. The franchisor offers ongoing support and resources designed to assist franchisees in building their successful enterprise. This includes operational guidance and marketing strategies.
Legal Considerations
Legal considerations for a Kitchen Tune-Up franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Franchisees may encounter challenges in establishing brand recognition within diverse local markets, requiring adaptable marketing strategies. Managing project timelines and ensuring consistent quality across multiple renovations presents operational complexity. Reliance on specific product suppliers for cabinet refacing and installation necessitates proactive inventory management and contingency planning to maintain service delivery.
Franchise Datasheet
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