How to Start a Kitchen Remodeling Business in Chicago, IL
Today’s post explains why there’s never been a better time to start a kitchen remodeling business in Chicago, IL. Read on to learn just how easy and affordable it is to get started in this lucrative industry.
Why Start A Kitchen Remodeling Business In Chicago, Illinois?
The south side is enjoying a realty and renovation boom. “Thanks to a surge in flipped houses, neighborhoods south of Roosevelt are real estate hot spots,” wrote Megan Turchi in a 2018 article published on ChicagoMag.com.
Today, according to Crain’s Chicago Business, Chicago’s south side continues to dominate in midyear analyses. Sales and median prices are rising and homes are selling faster than ever in South Chicago.
“The South Side is hotter both because its neighborhoods are attracting more buyers—investors and homeowners—and because some neighborhoods, particularly the most desirable North Side areas, may have overheated in recent years and become victims of their own success,” writes Dennis Rodkin and Graysen Doran in their July 2019 report.
Real estate market movements are always good for business. Whether homeowners are looking to change things up in their “new digs,” or they want to increase the sale value of their home before putting it on the market, it all amounts to potential sales for a kitchen remodeling business.
As such, Chicago’s south side is the perfect place to launch your kitchen remodeling business.
Chicago, Illinois seniors are demanding kitchen remodels in record numbers. Like most parts of America, metropolitan Chicago is aging at record-setting speeds. Today, more than 1 million area residents are age 65 and older. According to the Chicago Metropolitan Agency for Planning (CMAP), that number will increase by 80% by 2050.
What does this mean for your remodeling business? It means unprecedented demand for kitchen and bathroom renovations, and it means there’s still time to “get in on the ground floor” before the population peaks.
AARP research suggests that more than 90% of seniors plan to “age in place,” growing old in the comfort of their homes rather than moving to assisted living facilities. Without question, these seniors will drive up the demand for kitchen and bathroom remodeling services as home modifications are requested to enable independent living. Those who start or own kitchen remodeling businesses in Chicago, Illinois this year will enjoy a huge influx of sales from aging Americans.
How To Start Your Kitchen Remodeling Business In Chicago, Il.
- In order to start your kitchen remodeling business in Chicago, IL, you’ll want to clearly identify the following:
- Rules and regulations to operating a business in Chicago
- A territory you’d like to target
- Training resources
- A strategic business plan
- The location of your business, if you plan to have a storefront/showroom
- Start-up costs and financing options
Kitchen Solvers offers a comprehensive business plan and an affordable way to start your own kitchen remodeling business in Chicago. Our comprehensive training program and ongoing coaching services are second to none. But don’t take our word for it–check out these real franchisee testimonials.
Our kitchen remodeling opportunity is also more affordable than you might think. You can start a remodeling business in Chicago, Illinois this year for between $65,810 to $90,580. This covers all you need, from training to software and tools, along with $15,000 to $25,000 set aside as working capital. Read more investment details here.
Some additional features of our business model include:
- No brick and mortar location–many of our franchisees start with a mobile or home-based business
- No intra-franchise competition–enjoy exclusive sales rights in a large protected territory
- Low equipment package
- Low labor required
- No late nights
- Flexible work schedule
- Proprietary sales and marketing programs
- 1000s of references nationwide
- Exclusive vendor discounts
Learn How To Start A Kitchen Remodeling Business In Chicago, Illinois
Visit our website or call 608-615-7399 to book a free consultation with one of our business development specialists who will walk you through the process from first inquiry to grand opening!Back