N-Hance Wood Refinishing logo

N-Hance Wood Refinishing

Cabinet and floor refinishing and color changes, cabinet installation and door replacement, organization solutions
Investment
$70,995
Initial Franchise Fee
$22,500 - $45,000
Units
293
Growth Rate
-32%

Overview

Industry
Home Improvement
Founded
2001
Franchising Since
2003
Parent Company
Belfor Franchise Group
Leadership
Bob DeGraff, President
# of Employees at HQ
15

Units and Growth Chart

About N-Hance Wood Refinishing

N-Hance Wood Refinishing is one of the leading companies for refinishing furniture, cabinets, hardwood floors, and other wood renewal, with nearly 400 franchises across the United States and Canada. Established in 2001 and franchising beginning in 2003, N-Hance Wood Refinishing has a successful business model. The company uses proprietary products and patented technology to provide customers with high-quality services at a fraction of the market's cost and in a faction of the time of a typical remodeling project.

N-Hance Wood Refinishing has built a national reputation and is one of the more recognizable home remodeling franchises in North America.

Why You May Want to Start an N-Hance Wood Refinishing Franchise

Many times in the past decade, N-Hance Wood Refinishing has been ranked in Entrepreneur’s Franchise 500. This ranking is based on an evaluation of more than 150 data points that include areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. 

Since its establishment, N-Hance Wood Refinishing has created a trustworthy reputation because of its affordable cabinet and floor refinishing costs. Even if you don't have any wood refinishing or home improvement experience, the company has a training program and gives franchisees the tools and guidance to get them operating quickly. N-Hance Wood Refinishing offers in-person training, online courses, a full year of marketing support, and a dedicated Quick Start coach. 

What Might Make Opening a N-Hance Wood Refinishing Franchise a Good Choice?

To be part of the N-Hance Wood Refinishing team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also prepare yourself for ongoing fees that will include a flat fee royalty and advertising contribution. Franchisees will also need to meet the company's set liquid capital requirements.

N-Hance Wood Refinishing offers in-house financing for the franchise fee, equipment, and inventory. They have also partnered with third-party sources to offer additional financing.

How to Open an N-Hance Wood Refinishing Franchise

Starting an N-Hance Wood Refinishing franchise is generally a straightforward and streamlined process. As part of that process, franchisees are able to speak to one of the company's development directors. This is a great opportunity to ask questions, learn more about the brand and process, and see if you're a good fit for the franchise. If you qualify, they review a detailed web presentation outlining what the company does, and how it functions.

The company likes to put potential franchisees in contact with existing owners to talk about the business and the culture of N-Hance Wood Refinishing franchises. They hold a "Meet the Team Day" at their corporate headquarters in Logan, Utah to help you create a viable business plan and arrange financing for your franchise. 

Among the final steps of becoming an N-Hance Wood Refinishing franchise owner is to speak directly with the company's leadership at the Meet the Team Day. They will answer all the questions you have regarding the business, which can be really helpful for first-time franchisees. 

Once you take the necessary steps to own a N-Hance Wood Refinishing franchise, there's a multi-day training course at their headquarters in Logan, Utah. They teach you all the tricks of the trade, helping you to understand and overcome the challenges to running your own business. Submit an inquiry form today and carve out your future with N-Hance Wood Refinishing!

Investment Details

Initial Franchise Fee
$22,500 - $45,000
Initial Investment
$70,995 - $196,995
Net Worth Requirement
$200,000
Cash Requirement
$50,000
Royalty Fee
$466-$874/mo.
Ad Royalty Fee
to $400/mo.
Technology Fee
$100/mo.
Term of Agreement
5 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
10% off first-unit franchise fee

Available Territories

Franchising opportunities available in the following regions

United States International

Continents

Canada

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
27 hours
Classroom Training
21 hours

Ongoing Support

Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
2
Are exclusive territories available?
Yes

Ranking History

N-Hance Wood Refinishing performance in the Franchise rankings over recent years

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022