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Updated RecentlyN-Hance vs REDRHINO Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of N-Hance vs REDRHINO including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $52,369 - $168,747 | $48,800 - $78,425 |
| Franchise Fee | $11,669 - $47,752 | $35,000 |
| Royalty Fee | $353-$705/mo. | 8% |
| Advertising Fee | $200/mo. | - |
| Year Founded | 2001 | 2006 |
| Year Franchised | 2003 | 2011 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | Yes/Yes | -/- |
| Inventory | Yes/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | After purchasing an N-Hance business, new franchisees will attend an intensive 10-day hands-on training course at our corporate headquarters in Logan, Utah. At the Logan training, franchisees can expect to learn everything from tricks of the trade to best practices for marketing, sales, and general operation of their business. On-The-Job Training: 40 hours Classroom Training: 25 hours | Join a business and industry provider that will train and provide you with the ultimate differentiators for your new business. Learn how to run a business that is the leading service provider in quality epoxy flooring solutions. Through leading processes and products, you can count on customers being amazed by the quality of the floors we produce. We will train you for a week at the corporate location in Los Angeles in addition to our visiting your location to help you sell and develop your client base. You can count on complete support and guidance when you start your new business. |
| Support | During your first full year of owning your N-Hance franchise, you’ll be assigned to a personal “N-Gage” business coach to help you navigate the waters of entrepreneurship. Even after the first 12 months of your participation in our franchise program, our corporate team travels all over to different franchise “hubs” to provide continued personalized coaching. Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Marketing and advertising are the most important elements of operating a successful business. N-Hance has created an online wealth of marketing materials including mobile-optimized websites, press releases, stock photography, commercials and an N-Hance visualizer app to help our franchisees to market their products. We also offer personal and customized marketing consultations with each of our franchisees. These meetings help them learn the best marketing techniques for their area. Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | You can count on the most effective and proven marketing and lead generation systems available. REDRHINO has developed systems that will generate inbound leads for you to build your business. We will generate 1-3 inbound calls for your business through our proprietary marketing program. The key to any new business is the development of qualified leads. Over six years and with a background in management consulting, we have perfected the lead generation process to maximize efficiencies and minimize your cost of getting good buyers calling. |
| Operations |
Franchise can be run from home. 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
Company Overviews
About N-Hance
Possess Your Own Business Restoring the Beauty Of Wood Floors and Cabinets In Your Own Protected Market.
Have you ever wanted to work for yourself? At this moment there is a chance to do only that. You can possess your own establishment in an ensured showcase, while offering a progressive new administration that is in HIGH DEMAND!
N-Hance Wood Renewal franchisees can offer an administration to shoppers that is dissimilar to whatever else is in the market. Our one of a kind procedure accomplishes unbelievable outcomes at a small amount of the cost of run of the mill wood floor and wood cupboard revamping, sparing your clients a large number of dollars! Your clients will love the way their wood floors and cupboards look.
Telecommute through an administration based establishment opportunity. With a locally established business, you have the flexibility to construct your own particular business while being upheld by a demonstrated brand and a national achievement record. N-Hance has set up an effective framework for anybody to run an establishment from home, since this profoundly looked for after private venture establishment opportunity gives people the instruments they have to really succeed!
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About REDRHINO
- Veteran Incentives
20% off franchise fee
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