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Updated RecentlyN-Hance vs Floor Restore Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of N-Hance vs Floor Restore 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 | $95,403 - $182,353 |
| Franchise Fee | $11,669 - $47,752 | $35,000 |
| Royalty Fee | $353-$705/mo. | - |
| Advertising Fee | $200/mo. | - |
| Year Founded | 2001 | - |
| Year Franchised | 2003 | - |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | * Are you out of work or under employed? * Are you in the construction industry and struggling for stable income? * Are you a small flooring retailer looking for an avenue into the restoration market? * Have you looked at other franchises and found them to be just too expensive? * Are you looking for a professional business without the investment and overhead of an office or store front? |
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 | - |
| 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 | - |
| 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 | - |
| Canada Expansion | No | - |
| International Expansion | 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 Floor Restore
A business you can afford. No matter how depressed the economy gets, there will always be fires and floods. Come be a part of the most unique restoration concept ever developed for the franchise market. Floor Restore is a franchise backed by staff that knows this business inside and out. In fact, it was the success generated by the Floor Restore officers during the worst economy in recent history that served as the foundation for the franchise format. When you become a Floor Restore Franchisee, you will know you have been completely trained and prepared for the exciting business journey ahead. You will also have the confidence of knowing you have the most comprehensive support structure available to make sure you have the best chance of success. Floor Restore is head quartered in Las Vegas Nevada. This will also be the location of the majority of our training. When you come to train, be prepared to work hard, but ready to have fun as well! Floor Restore Franchise Facts * Floor Restore business model is based on a real company that made a generous profit in a down market. * It is entirely possible to get started for under $100,000.00. Compare that with other franchise opportunities with such support. * The first Floor Restore Franchise was offered in February 2010. * To operate a Floor Restore Franchise in most states, you or some member of your team must be eligible for a construction license(s) pertaining to flooring and tile. If you do not have a qualified person, we will work to help you acquire one. * Franchise territories will be offered first come first serve. Existing franchisee's will be given first option on newly open territories. * Franchise territory is protected from poaching by other Floor Restore Franchisees. We are always looking for hard working honest individuals with either a flare for interior design or construction experience to join our franchise family. If you are interested and think you'd make a good candidate, then we would love to hear from you.