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Updated RecentlyN-Hance vs Granite Transformations Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of N-Hance vs Granite Transformations 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 | $98,600 - $346,000 |
| Franchise Fee | $11,669 - $47,752 | $25,000 - $75,000 |
| Royalty Fee | $353-$705/mo. | 2% |
| Advertising Fee | $200/mo. | 1% -2% |
| Year Founded | 2001 | 1995 |
| Year Franchised | 2003 | 1997 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | - | $10,000 |
Business Experience Requirements |
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| Experience | - | You don�t have to be a contractor or a builder to become a successful Granite Transformations franchisee. But you do need to be motivated to provide the best service around, and to create a great customer experience with every sale you make. We can provide the training, the product, the sales techniques, the consumer messages, but you must provide the drive to succeed�, for yourself, for your staff, and for the system. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/Yes | No/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | Yes/Yes | No/No |
| Inventory | Yes/Yes | Yes/No |
| Receivables | No/No | No/No |
| Payroll | No/No | 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 | A comprehensive two-week online and classroom training program at our Granite Transformations University in Dallas, TX. Additional two-week on-site training and support in your own store. |
| 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 | Business Planning: Granite Transformations specialists work with you to develop business plan, cash flow & operating budget and marketing strategies. Operations Management: Proven systems and proprietary software for managing project workflow, staffing, inventory and other store functions. Financial Management: You'll learn techniques for analyzing, understanding and improving your store's financial performance. Marketing: Guidance and best-practices information from our world-class marketing and advertising department will give you strategies, tactics and access to materials to launch and grow your business. Personnel Management: Training and best practices proven throughout the franchise network will help you identify, train, motivate and compensate the best employees. |
| 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 | Direct access via website to marketing collateral with ability to customize and print direct from the website. Ongoing marketing education webinars. Parent website optimized for SEO to drive leads to your store. |
| 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) | 17% of all franchisees own more than one unit. |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | 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 Granite Transformations
THE COMPANY Granite Transformations is a franchise organization that provides an important and compelling service to homeowners, builders, commercial building owners and more to literally transform their kitchen, baths, bars or other areas with our gorgeous TREND STONE, TREND GLASS and TREND MOSAIC surfaces. Each surface is made in the USA, and is created to bring a designer feel and impact to every room we're in. Many of our franchisees offer cabinet refacing, an additional service to our customers, and another way for our franchisee team to generate revenue and create fans. ABOUT OUR PRODUCTS: Granite Transformations core product is an engineered stone that outperforms ordinary granite! It is heat, scratch and stain resistant, and adds a dramatic, gorgeous look to kitchens, bathrooms and more. We are the only surface engineered to fit right over existing countertop surfaces. That means no costly demolition, no mess and fast and easy installation, usually in one day! Our Trend Stone, Trend Glass, and Trend Mosaics are manufactured from the finest stones, granites, quartz, and recycled glass available. Our products are fabricated in Sebring, Florida and are used in homes and commercial buildings worldwide. Each Trend Stone slab is approximately 95% granite combined with a specially formulated polymer that gives it strength and durability beyond natural stone. That makes Granite Transformations virtually maintenance free. And we back it up with a Limited Lifetime Warranty. When customers see our product and understand our advantages, it's as easy as 1-2-3 to close the sale! We have the support, the training, the materials, the know how, the research and the selling techniques to make you a success with Granite Transformations. For Franchisees, here are just a few of the things we offer: Exclusive territory Initial and ongoing training programs Outstanding local advertising and messaging materials The industry's leading product Lifetime Guarantee on Products An international footprint A strong management team 25+ years of growth and success Volume purchasing opportunities Local and regional sales support Continual new products WHY GRANITE TRANSFORMATIONS IS GROWING: It's simple. We offer a great product that meets the needs of consumers today. And we will continue to meet their needs in the future. We make it so easy to transform a kitchen or bathroom. Franchisees across the country understand the strength of the Granite Transformations idea, the intelligence and commitment of our management team, and the desire to see the franchise group succeed to the very best of their abilities and resources. VetFran offers a 50% franchise fee discount and payment plan for the remaining franchise fee investment for 12 months for qualified veterans.