Before you decide to start a kitchen remodeling franchise, it is important that you know certain facts and figures. Several things affect the opening of a kitchen remodeling franchise, and it is imperative that you know these four things before you invest.
Learning about the Industry
It is important to know and understand the industry you are about to enter. Currently a $300 billion industry, the home remodeling market is only expected to grow even larger. With an increasing demand both in the United States and Canada, there is a growing international market for home remodeling franchises as well. TREND Transformations has established territories all across the nation and abroad to address the growing market in North America and overseas.
The industry also calls for the latest trends because people are always looking for “the next best thing” when it comes to remodeling. At TREND, we have cornered a niche in the market with our unique stone products that are available only to our franchisees, speedy remodeling that can sometimes be completed in one day, and little-to-no demolition (due to our custom designs that fit over the existing surfaces). These factors help us stand out against the competition.
Investigating the Investment
Franchise costs of course vary per industry, and per company. For a kitchen remodeling franchise, the total investment should be affordable with no hidden fees attached. At TREND Transformations, we clearly outline the costs and fees to start a franchise. The initial franchise fee for a TREND franchise is as little as $35,000.
We are also a proud member of VetFran, which offers veterans 50% off the franchise fee to help them get started. By knowing the investment required to open your kitchen remodeling franchise, there are no surprises once you have committed.
Knowledge about Remodeling
Depending on the franchise, it could be crucial that you know every detail of the industry you are investing in. This is not the case for TREND Transformations. Through TREND, franchisees are provided with all the training they need from the beginning. Although it helps to have some prior home renovation knowledge or experience, it is not required in order to invest in a TREND Transformations franchise. We also require a week-long training at our headquarters, and an additional two-weeks of hands-on training in a franchise. After that, we offer constant support to our franchisees as they immerse themselves in the kitchen remodeling industry and build their knowledge and confidence. You’ll be an expert before you know it.
Finding a Good Brand
Opening a kitchen remodeling franchise is great if you join the right team. Using a well-known and trusted brand name means everything to a franchise and its success. When people are looking to remodel their kitchen, they are putting in a lot of research to find just the right brand they can trust with the project. As a potential franchisee, you should put the research in too. TREND Transformations makes the research easy for both by providing customer and franchisee testimonials, as well as FAQs.
We would be happy to answer any questions you may have and help you get further acquainted with the process of owning your own TREND Transformations. Please contact us for more information about the franchising.