While the pandemic wreaked havoc on many businesses, it was actually a boon for the home improvement industry. People, forced to stay at home and having extra time on their hands, began to notice all the things they wanted to change in their living spaces. As a result, the already robust home improvement industry saw enormous growth, and recent research suggests that trend will continue. With a compound annual growth rate of 4.47% forecast over the next few years, the market value is predicted to be more than $537 billion by 2026. If you’re a shrewd entrepreneur looking to invest in this thriving industry, check out all the opportunities that come with owning a home renovation franchise such as Cabinet IQ.
Brand Recognition
Anyone can open a home improvement business, but when your new business has a name people recognize, you’re more likely to have customers contacting you from day one. Cabinet IQ has built a reputation for offering top-notch products and world-class service at an exceptional value. We take the stress out of kitchen and bathroom remodeling by educating our customers about the process and making their experience as pleasant as possible. As a result, they share our name with all their friends and family members looking to install new cabinets and countertops. Having our good name on your business means you could benefit from these referrals.
Prime Territories
Do you know the best place to open a home improvement business? Choosing the right location is essential to your success. When you become a Cabinet IQ franchisee, not only will we give you a prime territory and guarantee you’ll have a minimum of 100,000 households within a 30- to 45-minute drive of your facility, but we’ll also do extensive market research to help you find the perfect spot to locate your business.
Proven Business Model
Opening a business involves much more than getting a business license. What type of equipment will your business require? How much inventory should you stock? Do you need a showroom, and if so, what size should it be? How many employees should you hire? What products should you carry? The list of questions can seem endless and overwhelming! However, when you start your business with Cabinet IQ, we can help you answer all of these questions and the countless others that will arise. We know exactly what it takes to open a home renovation franchise, and our proven business model will help set you up for success.
Training and Support
Do you have excellent carpentry skills but no experience owning a business? Or maybe you have an MBA but don’t know how to use a hammer. Whatever your skill set, you can be a home renovation franchise owner if you have the drive, determination, and passion to build a successful business. From the moment you sign your franchise agreement, Cabinet IQ will give you all the training and guidance you need to implement our proven business model. Plus, you’ll receive our excellent accounting and financial systems, hassle-free IT systems (with tech support when needed), proprietary CRM system, and professional sales and marketing support. Our knowledgeable staff is always available to answer questions and to help you navigate any difficulties.
Access to Vendors
Recent headlines have been full of disturbing reports about supply chain issues, and almost all businesses have been impacted in some way by shortages and delays. That’s why it’s essential to have reliable vendors. When you open a franchise with Cabinet IQ, you gain access to our trusted suppliers and to the reduced rates we’ve negotiated on your behalf.
Learn More about Cabinet IQ Opportunities
It’s a great time to get into the home improvement industry! Take the first step today and fill out the form on our website. Someone from our franchise development team will be in touch with you soon. Let Cabinet IQ help you grow your own multi-million dollar business by joining our franchise network.
