Build your nest egg with this kitchen industry disrupter
There’s a great opportunity now with a franchise that has carved a lucrative niche within the $450 billion home improvement industry. This is a ground-floor franchise investment opportunity that’s revolutionizing the tired, outdated home remodeling industry with its high-tech approach in a specialized area.
Simple, specialized, strikingly successful
This franchise focuses exclusively on the design and installation of new kitchen cabinets and countertops. Their niche focus and simple business model is making them a superstar within the industry. They don’t offer full remodels or repair/reface existing cabinets. They’re not trying to be a jack of all trades (and master of none). They excel in what they do and have perfected the way they do it.
Separating them from the competition, this franchise company has developed proprietary technology, including 3D and AI design tools, offering an opportunity in a high-tech sales and marketing business that just so happens to be in the cabinet and countertop industry.
Demand for services, the biggest driver of profitability, is hot and steady in this category. As U.S. homes continue to age, the demand for remodels and updates continues to increase. What’s more, the kitchen continues to be the most renovated room in the house. Trending Dream Kitchen renovations, “before and after” transformations, and HGTV remodeling shows help keep kitchen upgrades top of mind.
Nitty gritty details
Due to the niche focus on cabinets and countertops, the average time to complete a job is only around two days, meaning projects come in on budget and on time!
More good new—this lean business model requires a minimal number of full-time employees. The majority of the work is done by subcontractors, which keeps labor costs in line and allows for a large pool of qualified installation partners to outsource the labor to.
The franchise can be managed by a full-time owner/operator or a semi-absentee owner that hires a manager to run the day-to-day.
Only two employees needed to start (Sales/Design specialist and Production/Operations specialist)
Installation labor provided by subcontractors
1,800–2,200 sq ft showroom required in class B real estate park
This emerging franchise concept has plenty of desirable territories available now. The original corporate location was founded in 2017 and franchising began in 2022. They have sold 50 franchise locations since launching a nationwide growth plan.
Dollars and sense
Item 7 Estimated Initial Investment: $218,600–$305,250
How much money can you make? This franchise’s Item 19 / Financial Performance Review will show the full 2023 P&L of their 2 corporate locations. The financial details will have to come directly from the franchisor when they provide you with their Franchise Disclosure Document, but I can share that last year the 6-year-old location generated over $3.1 million in gross sales and the second location achieved over $1.3 million in gross sales! This is a high margin and high average ticket price operation.
No remodeling experience needed
This franchise is looking for team-builders and customer service-focused leaders as their next franchisees. No remodeling or general contracting experience is necessary. (They’ve seen candidates with real estate, project management, and sales experience adapt to the industry and business model the quickest.) Here are a few more attributes they are looking for in their franchisees:
Sales management savvy
Passionate about quality
Customer service focused
Process oriented
Team building/leadership skills
If you feel this could be your “perfect match,” schedule a consultation call with me to learn more.