Kitchen Solvers – Just One of 50 Companies Named a 2022 Top Low-Cost Franchise by Franchise Business Review
Independent Research Data Shows Franchisees Are Highly Satisfied with Their Investment in Kitchen Solvers
La Crosse, WI, April 27, 2022 – Kitchen Solvers was identified by independent franchise research firm, Franchise Business Review, as being one of only 50 franchises to qualify as a 2022 Top Low-Cost Franchise.
Kitchen Solvers is a kitchen remodeling company specializing in new cabinetry, cabinet refacing, design, and installation. Since 1984, Kitchen Solvers has been building strong franchise partnerships, unmatched quality products, and impeccable customer and franchise support. Their mission is to deliver the most Pleasant Remodeling Experience through carefully designed, crafted, and installed kitchens the whole time, every time.
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 11,000 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, 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 15% higher than our industry benchmark, making them all excellent options for entrepreneurs considering franchise ownership.”
Kitchen Solvers’ survey data showed the following:
- 2021 Kitchen Solvers FSI rating: 80.8 (Compared to Home Services Industry Average Rating of 71.6)
- Highest Rated Areas:
- Honesty and Integrity: 92.7 (Benchmark: 81.3)
- Respect: 91.7 (Benchmark: 78.8)
- Trust: 91.7 (Benchmark: 82.8)
- Care About my Success: 90.6 (Benchmark: 81.0)
- Recommend to Others: 89.6 (Benchmark: 78.6)
- When asked about how Covid-19 has impacted their businesses and how they feel about their businesses today, 91.7% of franchise partners said they felt positive or very positive.
Zach Nolte, President of Kitchen Solvers, states, “We are happy to announce that with our FDD update this year, the investment is still amongst the lowest compared to other franchise opportunities. It is important to us that our franchisees are set up for success and that is why we have created a model that is affordable and cash-based. With the Home Office team consistently focused on innovation and partnership, our franchise partners are front-of-mind when we make any sort of investment. It is nice to see our franchisees feel supported and that they get a healthy return on their investment, as seen through this year’s FBR survey data.”
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 45,000 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 http://www.kitchensolversfranchise.com.
About Franchise Business Review
Franchise Business Review (FBR) is a leading market research firm serving the franchise sector. FBR measures 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 1,100 leading franchise companies. To read our publications, visit https://franchisebusinessreview.com/page/publications/. To learn more about FBR’s research, please visit www.FranchiseBusinessReview.com.
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