| ||||
Updated RecentlyLuxury Bath Systems vs Kitchen Solvers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Luxury Bath Systems vs Kitchen Solvers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $20,000 - $40,000 | $88,031 - $113,292 |
| Franchise Fee | $16,000 | $35,000 |
| Royalty Fee | 0 | 6% |
| Advertising Fee | - | 1% |
| Year Founded | 1989 | 1982 |
| Year Franchised | 1994 | 1984 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | $5K | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | Yes/No |
| Start-up Costs | Yes/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
||
| Training | - | Classroom Training: 10 days |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations |
| Marketing | Co-op advertising, Ad slicks, National media | Co-op Advertising Ad Templates National Media Regional Advertising |
| Operations |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Franchise can be run from home. 56% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About Luxury Bath Systems
About Kitchen Solvers
Kitchen Solvers franchisees provide custom and pre-built cabinetry, custom countertops, solid surfaces and kitchen accessories. Franchisees can also expand services to include cabinet, countertop and appliance recoloring, cabinet/wood restoration and cabinet reconditioning. Current franchisees and independent kitchen cabinet refacing businesses can acquire a Kitchen Solvers franchise for a reduced initial franchise fee.