| ||||
Updated RecentlyN-Hance vs HomeStory Doors and More Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of N-Hance vs HomeStory Doors and More including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $52,369 - $168,747 | $157,250 - $298,500 |
| Franchise Fee | $11,669 - $47,752 | $20,000 - $40,000 |
| Royalty Fee | $353-$705/mo. | varies |
| Advertising Fee | $200/mo. | varies |
| Year Founded | 2001 | 2011 |
| Year Franchised | 2003 | 2011 |
| Term Of Agreement | 5 years | 5 years |
| Term Of Agreement | 5 years | 5 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | Business Experience: · General business experience · Sales skills · Home improvement experience not required |
Financing Options |
||
| 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 | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
||
| 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 | - |
| 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 | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| 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 | Co-op advertising, Regional advertising |
| 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) | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1-4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
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!
!["Top]("https://d1v10wa6gxsq73.cloudfront.net/images/production/top100_icon3.png")
About HomeStory Doors and More
With HomeStory, the Opportunity is Easy to See The first company of its kind in an underserved market niche Proprietary technology creates incredible efficiency and a barrier for competitors Powerful marketing and sales system backed by over 15 years of experience HomeStory transforms and updates homes faster, easier, and more affordably than any other home improvement project. This is accomplished by replacing all of the worn, outdated doors in a home with beautiful designer doors and hardware. HomeStory offers tremendous value, made possible by award-winning technology, a nationwide supplier network, and a marketing system that engages homeowners and creates demand. Learn How HomeStory's Proprietary Technology Unlocks the Door Replacement Market Why Door Replacement? Simply put: A substantial unmet need. Like most items in a home, doors wear out, become outdated and need to be replaced. Yet, few homeowners have been offered an affordable, convenient and mess-free option for updating their doors. As a result, most homes still have their old doors, making this a large, untapped market with little competition. What a Difference! Homeowners repeatedly tell us how surprised and delighted they are with the dramatic improvement our custom doors and hardware make throughout their homes. With HomeStory, you're able to consistently exceed customer expectations, making them invaluable advocates for your service.