Cabinet franchises are considered home improvement and are thus offered in an area of growing popularity due to the massive gains in suburban building and the remodeling of older homes. Other names for these businesses would be cabinet resurfacing, refacing, restoration, and new custom cabinetry. Kitchens are the heart and soul of most homes, and cabinet franchises are cashing in on that fact by offering the homeowner a plethora of options when it comes to cabinet installation or resurfacing. Wood is everywhere in the house and the most popular choice for the kitchen. The opportunities for this type of company to succeed are tremendous.
These type of businesses can service both residential and commercial accounts. The cabinet franchise owner can actively participate in the installation or resurfacing, or can choose to manage the business only, while hiring sub contractors, technicians and sales people to handle the labor and operations. A minimum investment is required for the purchase of most of these businesses. This minimum investment covers all start up fees, training, product knowledge, sales and marketing tactics, etc. Customer service technicians should be available to the cabinet franchise owner at any time.
Some of these companies require the owner to have a large industrial space for furniture manufacturing, an assembly room, a spray finishing room, and a showroom. Others only require a small home office because all cabinets are sent direct when a specific order is placed, thus eliminating inventory overhead costs. Most cabinet franchises have some sort of exclusive territory agreement in which the owner has the right to market a specified area for a given amount of time without the competition of other companies. The best cabinet franchises will offer their owners the option to sell warranties with their product. These warranties can last for 20, 30 or even 50 years.
The decision to purchase such a business should not be taken lightly. Prayer should be the first step to any such decision. "I sought the LORD, and he heard me, and delivered me from all my fears" (Psalm 34:4). A cabinet franchise resurfacing company is a popular choice because resurfacing cabinets costs 40%-60% lower than installing brand new cabinets. Cabinet resurfacing offers the homeowner an alternative of kitchen remodeling as opposed to a complete tear-out. These companies are in high demand due to the growing number of older homes in need of remodeling and the fact that builders are installing inexpensive low quality cabinets in the kitchens of new homes. This leaves a wide market for business, and it is no surprise that kitchen remodeling is a booming industry.
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Thursday, October 2, 2008
Cabinet Franchise
Posted by
Mr Tran
at
10/02/2008 09:01:00 PM
Labels: Franchises
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10/02/2008 09:01:00 PM
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