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Kitchen Solvers Franchise Opportunity

Minimum Investment

$101,857

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Established

1982

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Franchise Units

60

payments

Minimum Investment

$101,857

payments

Franchise Fee

$60,000

payments

Total Investment Range

$136,807

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Home Based

No

Description

Kitchen Solvers began in 1982 as a cabinet refacing business and has since evolved into a full-service kitchen remodeling franchise. With over 50,000 kitchens remodeled and 40+ years of experience, Kitchen Solvers offers franchisees a comprehensive, one-stop-shop business model that includes kitchen design, cabinet refacing, custom cabinetry, countertops, tile backsplashes, and storage solutions. This diverse service offering empowers franchise owners to say "yes" to more customers and projects, increasing their revenue potential.

Backed by a strong culture of support and consistently high Franchise Partner satisfaction (as recognized by Franchise Business Review), Kitchen Solvers provides flexible start-up and expansion options tailored to individual goals.


Background

Established: 1982
First Unit Franchised: 1984
Franchised Units Open: 60
Company Owned Units: 0

Registered in: ALL except for HI.

Canada Franchises: No
International Franchises: No


Support Training

Financial Assistance Provided: Custom Business plans are built for franchisee at training that can be used with lending companies. 
Site Selection Assistance: No
Lease Negotiation Assistance: No
Recruiting Assistance: Yes - strong recruiting/hiring/employee support 
Co-Operative Advertising: No
Training: Our initial training is held at our Home Office in La Crosse, WI and includes 52 hours of writing estimates, cabinet refacing training, accounting, business management, financial management, personnel management, marketing and advertising, sales, and operations. We also provide 8 hours of on-the-job training. Owners will also leave with a Business Plan for the first 3-5 years of operation. 



Ideal Candidate

Kitchen Solvers looks for partners who want to focus on running a business. We want people who are driven by success and want to continually grow their business; they are not satisfied with business complacency. No prior remodeling experience required!

Who makes a great franchisee?

  • Husband & wife teams
  • Mother & daughter teams
  • Both male and female owners
  • Any age
  • Veterans
  • E-2 Candidates (FLORIDA TERRITORY IS LIMITED) 

Qualities & traits

  • Culture-Fit Mentality
  • Extrovert | Connector
  • Excellent communication skills
  • Customer-oriented
  • Hands on Manager
  • Servant leader

Work experience in one or more of these areas

  • Management
  • Sales
  • Construction
  • Project Management
  • Business Ownership

We are cautious around

  • Engineers
  • Analytical types



Financial Detail

Total Investment: $101,857 - $136,807 
Liquid Capital: $60,000 
Minimum Net Worth: $150,000
Franchise Fee: Single = $60,000;  2pk = $105,000;  3pk = 140,000;  4pk = $170,000;  5pk = $200,000
Royalty: Tiered 6% - 2.5% (waived for 1st 6 months for ramp up) 
Marketing Fees: Local = Minimum of $3,000 per month for first 3 months and then 5% of expected revenue; Brand Fund = 1% of Gross
Average Number of Employees: 1-3
Item 19: Yes - $1,943,486 Average Gross Revenue of Top-Third, 38.9% Gross Profit margin
Veteran Discount - 50% off royalties for 1st 6 months
Visa Candidates: Yes - Strong E-2 Visa program! 
Passive Ownership: No, Franchisees start as an Owner Operator and later work to become Semi-Absentee
Home Based: Yes
B2B: Typically not until mature franchisee
Master Franchise Opportunities: Yes - International opportunities available to investors willing to upfront franchise realted costs to create agreements.




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