Granite Transformations

Granite Transformations

Granite Transformations
Not Ranked

Initial Investment

LOW: $105,000
HIGH: $357,000

Change in Units

+9.9% +16 UNITS (1 Year)
+11.2% +18 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

1995

Franchising Since

1997 (19 Years)

Corporate Address

10306 USA Today Wy. Miramar, FL 33025

CEO

Danny Hanlon

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.

Financials

Financial Requirements

Initial Investment

$105,000 - $357,000

Net-worth Requirement

$125,000

Liquid Cash Requirement

$75,000

Ongoing Fees

Initial Franchise Fee

$35,000 - $75,000

Ongoing Royalty Fee

2%

Ad Royalty Fee

1.5%

Financing Options

Granite Transformations has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory

Veteran Incentives


50% off franchise fee; remaining 50% of fee financed over 12 months

Franchise 500® Rank History

Highest Rank: 196

Lowest Rank: 497

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 1 week

Training at headquarters: 2 weeks

Additional Training: Ongoing visits to franchisee's location

Ongoing Support
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Ad Slicks

Number of employees required to run: 6 - 40

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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: May 18th, 2016

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