#214

Initial Investment

LOW: $45,845
HIGH: $55,895

Change in Units

+12.2% +23 UNITS (1 Year)
+13.8% +26 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1986

Franchising Since

1988 (28 Years)

Corporate Address

813 Circle Dr Aberdeen, SD 57401

CEO

David Haglund

Parent Company

KTU Worldwide, Inc.

About Kitchen Tune-Up

Dave Haglund began a cabinet distributorship in 1975 and found his market niche while visiting a customer's home in 1986. Noticing that the 6-year-old kitchen was starting to look a little run-down, but wasn't ready to be remodeled, he offered to touch up some of the worn areas. When the customer was thrilled with the results, Haglund realized the market potential of this concept. After years of testing and perfecting his process of restoring interior wood surfaces, Haglund began franchising in 1989. There are now Kitchen Tune-Up franchises throughout North America. Both retail and homebased franchises are available. Franchisees offer wood restoration and repair for both residential and commercial customers, as well as finish recoating, door replacement and a branded line of custom cabinets. In addition, franchisees may offer shelf lining, replacement hardware, cabinet organizing accessories, and wood care and maintenance.

Financials

Financial Requirements

Initial Investment

$45,845 - $55,895

Net-worth Requirement

$100,000

Liquid Cash Requirement

$40,000

Ongoing Fees

Initial Franchise Fee

$39,995

Ongoing Royalty Fee

7%

Financing Options

Kitchen Tune-Up offers in-house financing to cover the following: franchise fee, equipment, inventory

Kitchen Tune-Up has relationships with third-party sources which offer financing to cover the following: 
startup costs, accounts receivable, payroll

Veteran Incentives


10% off franchise fee, initial training & startup package

Franchise 500® Rank History

Highest Rank: 151

Lowest Rank: 441

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: Varies

Training at headquarters: 5 days

Additional Training: Optional in-field training

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 29th, 2015

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