Granite Transformations

At a Glance

Products & Services: Kitchen and bath remodeling

Number of Locations: 145

Total Investment: $98.6K - $348.6K

Founded: 1995

Began Franchising: 1997

About Granite Transformations

Granite Transformations got its start in Perth, Australia. It expanded across Australia and New Zealand before coming to the U.S. In 2001. In 2004, it began franchising in the United Kingdom as well. Franchisees offer countertop and tile resurfacing, cabinet refacing and acrylic bath surfaces. The company's North American headquarters is in Miramar, Florida, and its stone and glass products are manufactured in Sebring, Florida.

Franchise Units

Year U.S. Canadian International Company Owned
2014 56 15 67 7
2013 57 15 64 7
2012 69 15 70 3
2011 76 9 75 0
2010 71 8 71 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $98,600 - $348,600
Franchise Fee: $35,000 - $75,000
Ongoing Royalty Fee: 2%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 50% off franchise fee; remaining 50% of fee financed over 12 months
Financial Requirements
Net Worth: $125,000
Liquid Cash Available: $75,000
Operations
1% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6 - 40. Absentee ownership of franchise is NOT allowed. (99% 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: 2 weeks. At franchisee's location: 1 week. Ongoing visits to franchisee's location
Ongoing Support: Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
Marketing Support: Ad slicks,
Other marketing support: PR program

Franchise Ranking History

Franchise 500®: #239 (2013), #401 (2012), #469 (2011), #282 (2010),
America's Top Global: #154 (2013),