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Promoted Opportunities

Kitchen Tune-Up
#395

Initial Investment

LOW: $54,850
HIGH: $64,900

Change in Units

0.0% 0 UNITS (1 Year)
+16.0% +26 UNITS (3 Years)

Company Profile

Founded

1986

Franchising Since

1988 (29 Years)

Corporate Address

813 Circle Dr Aberdeen, SD 57401

CEO

David Haglund

Parent Company

KTU Worldwide Inc.

About Kitchen Tune-Up

Founder Dave Haglund began a cabinet distributorship in 1975 and found his niche market 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 testing and perfecting his process of restoring interior wood surfaces, Haglund began franchising in 1988. There are now Kitchen Tune-Up franchises throughout North America. Both home-based and retail franchises are available. Today, Kitchen Tune-Up specializes in one-day wood restoration, cabinet refacing, cabinet redooring, and new cabinets for both residential and commercial customers. In addition, franchisees may also offer replacement hardware, cabinet accessories, countertops, granite tune-ups, and storage solutions for any room.

Financials

Financial Requirements

Initial Investment

$54,850 - $64,900

Net-worth Requirement

$100,000

Liquid Cash Requirement

$50,000

Ongoing Fees

Initial Franchise Fee

$49,000

Ongoing Royalty Fee

7%

Financing Options

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

Veteran Incentives


10% off franchise fee, initial training & startup package

Units (Locations)

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

Operations & Franchisor Support

Training Onsite: 12 days

Training at headquarters: 5 days

Additional Training: Online pre-training/post-training webinars

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: August 12th, 2016

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