Do you have questions about starting a kitchen cabinet refacing business?
Today’s post is for you. Read on for no-nonsense answers to the 5 most common questions we receive about starting a kitchen cabinet refacing business.
1. Why Should I Start A Kitchen Cabinet Refacing Business?
Cabinet refacing is the process of replacing the cabinet drawer fronts and hardware—the hinges, handles, and drawer pulls—without tearing out the existing cabinet structure. Instead, it is applying a new veneer over the existing surface of the body of the cabinets. The end result is a beautiful transformation that minimizes waste and costs a fraction of the price of a full-on replacement.
Cabinet refacing is an attractive option that allows you to offer remodeling services at a much lower price than competitors who offer only cabinet replacements. It’s also a much more eco-friendly option since that essentially “recycles” the old structure. Both of these factors give cabinet refacing businesses a competitive edge and unique selling opportunity.
More importantly, the kitchen cabinet refacing business is booming. If you’re looking for a way to take advantage of these positive market movements, the Kitchen Solver’s business model is the solution. Learn more about it here.
2. How Much Does It Cost To Start A Kitchen Cabinet Refacing Business?
The answer to this question will depend entirely on who you ask. No two companies are created equally. Some offer greater levels of support or training than others, and their start-up fees may reflect that. A few of the common assets cabinet refacing businesses need to invest in include:
- Tools and cabinet samples
- Business supplies
- Marketing and advertising
- Business software and technology
Owners who invest in a Kitchen Solvers franchise typically spend between $65,810 to $90,580 to start. This includes everything you need, from training to software and business supplies, along with $15,000 to $25,000 set aside as working capital. Read more investment details here.
3. Do I Need A Carpentry Background To Run A Kitchen Cabinet Refacing Business?
No. Anyone can start a kitchen cabinet refacing business, but whether you are successful or not will depend on the skills you have, training you acquire, and experiences you can use to drive your business. Many successful franchisees don’t have any construction skills, but have gone through training to learn or have hired individuals highly skilled in this area.
At Kitchen Solvers, our comprehensive training program covers all you need to know, including hands-on installation workshops, where you get to practice in a controlled kitchen environment. And the support doesn’t stop once your business is up and running. Ongoing coaching and a community of franchise owners to support you ensures that you always have all the answers, even when you don’t have all the experience.
4. Do I Have To Be Involved In The Installation?
There are many different levels of involvement in installation, depending on business owners’ skillsets. Many find great satisfaction applying their existing construction skills installing cabinetry, while others find more enjoyment in the sales, operational, marketing, and administrative aspects of the business.
But no, you don’t have to take part in the installation if you don’t want to. In our experience, many of our franchisees, like Sarah Baumann of Eau Claire, WI, don’t have construction backgrounds, and prefer to spend their days on sales and kitchen design.
“You don’t have to have a tool belt around your waist to earn trust,” Baumann says. And she’s right! If installation isn’t your strength, you’ll want to find someone who can support that part of the business or get the training you need to be successful.
5. Do I Need Business Ownership Experience?
No, in order to own a business, you don’t need experience. Everyone has to start somewhere. However, a basic understanding of business operation does allow for a quicker start up and usually leads to profitability at a more accelerated rate.Business owners should have an understanding for the following:
- How to set and meet long and short-term business goals with the franchise vision plan
- How to run a breakeven analysis, measure key performance indicators, and generate leads
- How to create and manage modern local marketing campaigns that deliver big results across multiple platforms
- How to develop meaningful partnerships with clients and close deals
- How to manage vendors and products
In our experience, many of franchisees enter into the system with some construction or cabinetry experience, but minimal business ownership experience. Take for example, William Newkirk and Shane Svarczkopf, who are celebrating their 10th year in business:
“My partner and I had construction knowledge but didn’t know how to run a company,” Newkirk writes. “Kitchen Solvers corporate gave us the tools and direction we needed to be up and running in no time. From training and websites to vendors and back end processes we had everything we needed to succeed.”
Kitchen Solvers provides the training and support needed to supplement any business ownership experience you lack.
Learn More About Kitchen Solvers Cabinetry Business Opportunity
Visit our website or call 608-615-7399 to book a free consultation with one of our business development specialists and have your questions answered.Back