How Much Can I Make?
The fast-growing wood refinishing franchise offers a proven path to business ownership
This is the most common question an entrepreneur asks when looking into a business opportunity. You want to know that your new venture will be successful and provide the lifestyle that you seek; you also want some assurance that the brand has the potential for long-term growth and prosperity.
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NHance has more than a decade of experience helping entrepreneurs excel in business and we’re proud to report that many of our franchise owners are busier than ever before. Even during the pandemic, our brand recovered quickly and many of our franchise owners experienced record sales. In fact, our top 10% of franchise owners experienced average revenue of $1,199,591 in 2020, according to our most recent Franchise Disclosure Document.
“After working for 40 years as an accountant, I’d decided that I had enough of working for someone else and that it was time to take some risks,” says Bernice Sherrod-Dumas, a top-performing franchise owner with NHance. “Ultimately, I decided it was time to go into business for myself and NHance turned out to be the best thing I ever did. I love the fact that I get to reinvent myself, change careers, and build something for myself. It’s been a lot of fun and very rewarding.”
NHance Québec Franchise is a low-cost, highly scalable investment opportunity with the potential for high returns. We have a proven business model and industry-leading reputation making us a best-bet investment opportunity in the booming market.
The franchise fee for your first territory ranges from $35,000 to $85,000 CAD and the total investment estimate to begin operations ranges from $115,000 to $200,000 CAD which is significantly lower than other home restoration franchises or concepts within the home remodeling industry in Québec
Here’s a subset of our FDD Item 19, which details how well our franchisees are doing in their businesses:
Group Ranked by Average Revenue | Number of Owners | Number of Franchised Areas | Average Revenue/ Owner | Median Revenue/ Owner | Average Revenue / Job |
Top 10% | 9 | 40 | $1,199,591 | $1,015,059 | $5,453 |
1st Quartile | 23 | 99 | $841,981 | $688,605 | $5,047 |
2nd Quartile | 23 | 77 | $407,669 | $431,634 | $3,920 |
3rd Quartile | 23 | 49 | $231,951 | $235,085 | $3,877 |
4th Quartile | 24 | 48 | $128,085 | $127,009 | $3,431 |
Bottom 10% | 9 | 20 | $95,820 | $98,806 | $3,169 |
