Kitchen Solvers – Just One of 100 Companies Named a 2023 Top Low-Cost Franchise by Franchise Business Review
Independent Research Data Shows Franchisees Are Highly Satisfied with Their Investment in Kitchen Solvers
La Crosse, Wisconsin, April 13, 2023 – Kitchen Solvers was identified by independent franchise research firm, Franchise Business Review, as a 2023 Top Low-Cost Franchise.
Kitchen Solvers is an over-40-year-old kitchen and bathroom remodeling franchise that is continually changing up the remodeling industry. When clients hear about Kitchen Solvers, they often think innovation, communication, clear direction and passion for the remodeling industry. Kitchen Solvers promises their clients a pleasant remodeling experience in design and installation for both full kitchen and bathroom remodels as well as cabinet refacing. They offer a white-glove approach from first consultation to the finished newly renovated space!
Franchise Business Review (FBR) provides the only rankings of franchises based solely on actual franchisee satisfaction and performance. FBR publishes its rankings of top franchises in its annual Guide to Today’s Top Franchises, as well as in quarterly reports throughout the year that rank the top franchises in specific sectors.
Nearly 12,000 franchisees representing over 135 low-cost brands participated in Franchise Business Review’s franchisee satisfaction survey over 18 months. The brands that were named to the list of the best low-cost franchises to buy had to have high franchisee satisfaction and an investment of under $100,000 at the time their franchisees participated in FBR’s satisfaction survey.
Kitchen Solvers’ franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training & support, operations, franchisor/franchisee relations, culture, and financial opportunity.
“One of the most common myths around buying a franchise is that it’s too expensive. But what many people don’t know is that there are a number of very solid business opportunities out there that can provide the satisfaction and perks of business ownership but don’t require a huge financial investment,” said Eric Stites, CEO of Franchise Business Review. “Approximately one-third of the franchise companies we survey have initial investments starting under $100K, and with financing, many can be started for as little as $15-$20K, with a few options starting under $10K. More importantly, the franchises that made this year’s list of the Top Low-Cost Franchises have average owner satisfaction 12% higher than our industry benchmark, making them all excellent options for entrepreneurs considering franchise ownership.”
Kitchen Solvers’ survey data showed the following:
2022 Kitchen Solvers FSI rating: 80.8 (Compared to Home Services Industry Average Rating of 69.9)
Highest Rated Areas:
• Honesty & Integrity: 94.8
• Respect: 92.2
• Supportive of Each Other: 90.5
• Supportive of Brand: 89.7
• Cares About My Success: 89.7
Kali Morgenthaler, Chief Growth Officer for Kitchen Solvers states, “Keeping the investment cost low is top-of-mind for us to not only stay competitive in the franchise pool, but to also make sure we’re setting up our franchisees for the best success and financial stability as possible. As a part of our training, we go through a breakeven analysis and full franchise vision plan to showcase cash-flow and efficiencies on the financial side. When a business owner begins, it is important to fully optimize their investment for the biggest return. We do that through or strategic partners, close monitoring of financials, and finding opportunities to be more efficient and run lean businesses. In addition, one thing most people don’t realize is most of our franchisees start their businesses out of their home instead of spending a lot on an expensive showroom. This allows our franchisees to ramp up and become profitable quickly and then strategically grow the business from there.”
Visit FranchiseBusinessReview.com to see the full list of 2023 Top Franchises.
About Kitchen Solvers
Kitchen Solvers has been building strong franchisee partnerships since 1984 and recognizes the value customers find in unmatched quality products and impeccable customer experience. We take pride in our Pleasant Remodeling Experience, which takes all of our home remodeling projects to the next level. Kitchen Solvers has had the pleasure of serving over 50,000 satisfied homeowners with full kitchen remodels bathroom makeovers, and cabinet refacing projects. The Kitchen Solvers hands-on approach to coaching and training has given each franchise partner and their employees trust, confidence, and integrity to provide remodeling services nationwide. Learn more about Kitchen Solvers Franchise at https://www.kitchensolversfranchise.com.
About Franchise Business Review
Franchise Business Review (FBR) is a leading market research firm serving the franchise sector. FBR measures the satisfaction and engagement of franchisees and franchise employees and publishes various guides and reports for entrepreneurs considering an investment in a franchise business. Since 2005, FBR has surveyed hundreds of thousands of franchise owners and over 1,200 leading franchise companies. FBR publishes free and unbiased franchisee satisfaction research reports throughout the year online at http://www.FranchiseBusinessReview.com. To read our publications, visit https://franchisebusinessreview.com/page/publications/.
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