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Kitchen Tune-Up

2014 Franchise 500
#211
At a Glance

Products & Services: Residential and commercial kitchen and bath remodeling

Number of Locations: 165

Total Investment: $45.8K - $55.9K

Founded: 1986

Began Franchising: 1988

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.

Franchise Units

Year U.S. Canadian International Company Owned
2014 162 3 0 0
2013 158 4 0 0
2012 155 4 0 0
2011 140 6 0 0
2010 163 4 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $45,845 - $55,895
Franchise Fee: $39,995
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 10% off franchise fee, initial training & startup package
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $40,000
Operations
Franchise can be run from home. 40% of all franchisees own more than one unit. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 5 days. At franchisee's location: Varies. Optional in-field training
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Internet advertising

Franchise Ranking History

Franchise 500®: #211 (2014), #366 (2013), #441 (2012), #435 (2011), #151 (2010),
Low-Cost: #40 (2014), #65 (2013), #96 (2012),
Top Home-Based: #57 (2014), #43 (2010),
America's Top Global: #119 (2010),

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