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Kitchen Solvers

Franchise Opportunity

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Kitchen Solvers

Franchise Opportunity

Introduction to Kitchen Solvers

Kitchen Solvers is a premier kitchen remodeling franchise that has been transforming kitchens across the United States since 1982. With a focus on delivering the "Pleasant Remodeling Experience," the company emphasizes quality craftsmanship, exceptional customer service, and innovative design solutions. Franchisees benefit from a proven business model, comprehensive training, and ongoing support, making Kitchen Solvers an attractive opportunity for entrepreneurs interested in the home services industry.

Franchise Overview

Established in 1982, Kitchen Solvers has grown into a reputable brand in the kitchen remodeling sector, offering services such as cabinet refacing, custom cabinetry, and design consultations.

  • The franchise began offering opportunities in 1984 and has expanded to over 50 locations across 20 states.
  • Kitchen Solvers has remodeled more than 45,000 kitchens, showcasing its extensive experience and customer satisfaction.
  • The business model is home-based, reducing overhead costs and allowing for flexible operations.
  • Franchisees manage sales, marketing, and project management, while skilled tradespeople handle the installations.
  • The company has been recognized for its integrity and commitment to delivering exceptional remodeling experiences.
The Kitchen Solvers Brand

Kitchen Solvers distinguishes itself through a customer-centric approach, aiming to exceed expectations and provide a seamless remodeling process.

  • The brand's core value, "Partnership," reflects its dedication to building strong relationships with customers and franchisees.
  • A consultative sales process ensures that customer ideas and needs are heard, leading to personalized design solutions.
  • The company offers a vast array of products and options, enabling franchisees to cater to diverse customer preferences.
  • Respectful and courteous service is prioritized, with job sites left in immaculate condition at the end of each day.
  • Continuous innovation and adherence to industry trends keep the brand relevant and competitive.
Franchise Investment Requirements
  • Initial franchise fee is $60,000.
  • Total estimated initial investment ranges from $98,825 to $134,900.
  • A minimum liquid capital of $60,000 is required to ensure adequate funding for operations.
  • A minimum net worth of $150,000 is recommended for financial stability.
  • Financing options may be available through third-party sources to assist with startup costs.

Initial Franchise Fee

$60,000 - $60,000

Flat franchise fee for new locations.

Total Initial Investment

$98,825 - $134,900

Includes franchise fee, training, supplies, marketing, and initial operating expenses.

Royalty Fees

6%

Tiered royalty fee ranging from 6% to 2.5%, waived for the first six months to support ramp-up.

Minimum Cash on Hand Required

$60,000

Required for startup costs and operational liquidity.

Net Worth Required

$150,000

Ensures financial stability for franchise ownership.

Part-Time / Full-Time

Full-Time

Requires full-time dedication to ensure optimal growth and customer engagement.
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Location Availability
  • Franchise opportunities are available throughout the United States, except for Hawaii.
  • Exclusive, large territories are provided to each franchisee, typically encompassing 80,000 owner-occupied homes.
  • Ideal locations include areas with a high concentration of middle to upper-income households.
  • Both urban and suburban markets are targeted to meet diverse remodeling needs.
  • International expansion opportunities are not currently being pursued.

Support and Training
  • Initial training includes 52 hours of classroom instruction covering estimates, cabinet refacing, accounting, business management, marketing, sales, and operations, along with 8 hours of on-the-job training.
  • Franchisees receive a customized 3-5 year business plan to guide their operations and growth.
  • Ongoing support encompasses proprietary software, marketing assistance, and access to a network of experienced franchisees.
  • Annual conventions and continuous professional development opportunities keep franchisees updated on industry trends and best practices.
  • Assistance with hiring skilled tradespeople ensures that franchisees can deliver unparalleled craftsmanship to customers.

Earnings Potential
  • The top third of franchisees report average gross revenues of $1,814,482, with a gross profit margin of 40%.
  • Revenue streams include cabinet refacing, custom cabinetry, countertops, and related remodeling services.
  • The home-based model and cash-based operations contribute to higher profit margins by reducing overhead costs.
  • The growing demand for kitchen remodeling services provides long-term sustainability and growth opportunities.
  • Effective marketing strategies and strong customer engagement enhance profitability.

Kitchen Solvers Franchisees: Who is a Good Fit?
  • Ideal candidates have experience in business ownership, management, sales, construction, or project management.
  • Excellent communication skills and a customer-oriented mindset are essential.
  • Franchisees should be organized, proactive, and capable of managing daily operations efficiently.
  • A hands-on management style and servant leadership qualities contribute to success.
  • A commitment to delivering exceptional customer service and building strong community relationships is crucial.

Advantages of an Kitchen Solvers Franchise
  • Over 40 years of experience and a strong reputation in the kitchen remodeling industry.
  • Home-based model with low overhead and flexible work schedule.
  • Exclusive, large territories provide significant market potential.
  • Comprehensive training and ongoing support tailored to individual franchisee needs.
  • Access to a vast array of quality products and services through established vendor relationships.

Challenges to Kitchen Solvers Franchise
  • Managing customer expectations and delivering consistent quality can be demanding.
  • Competition from other remodeling services requires continuous marketing efforts.
  • Recruiting and retaining skilled tradespeople is essential for maintaining service standards.
  • Economic fluctuations may impact consumer spending on home improvement projects.
  • Adapting to evolving design trends and customer preferences necessitates ongoing education and flexibility.

Conclusion

Kitchen Solvers offers a compelling franchise opportunity for entrepreneurs interested in the home services industry. With a proven business model, extensive support, and a focus on delivering exceptional customer experiences, franchisees are well-positioned for success in the growing kitchen remodeling market.

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