What To Know Before Starting A Cabinet Making Business
Starting a cabinet making business is a great way to own a profitable business while doing enjoyable work. But here’s what you should know before starting.
When Starting A Cabinet Making Business, It’s Best Not To Do It Alone.
When starting a cabinet making business, you don’t need to do it all on your own. In fact, it’s better if you don’t. Some people are great at making and installing cabinets and some people are great at managing teams and running businesses. But few people are great at both, so it makes sense to work with a franchisor who can fill in the gaps in your knowledge.
Even if you’re an expert home remodeler with cabinet making experience and business-owning experience, given the amount of resources you need to start a business these days, it can be an uphill battle if you don’t have either the money to invest or the right partnerships. When you partner with a franchise like Kitchen Solvers, you can expect several advantages, including:
Experience And Knowledge
We know the cabinet making business and we provide all the training and support our franchisees need. Our franchise partners benefit from starting their business years ahead of people starting a business by themselves. When you join the Kitchen Solvers family, you learn from others’ successes and failures, with a clear path of how to start on the right foot.
Large, Exclusive Territories
We do research on any territory we offer to ensure it has at least 80,000 owner-occupied homes and the right demographics for a cabinet making business. All our territories are exclusive, so you don’t have to worry about another franchise stealing your business.
Important Business Relationships
We have fostered many great relationships over the years. We can connect our franchise partners to cabinet makers and designers with the best and most fashionable cabinetry. Having a strong presence with our partners allows us to also extend discounts and oftentimes get cabinetry before others in the industry. Right now, with material shortags, this is a huge benefit to our franchise partners.
Starting A Cabinet Making Business Is Comparably Affordable.
Most Kitchen Solvers franchises can be purchased and started up for somewhere between $88,000 and $113,000. Compared to other businesses, these figures are quite low. You need strong financial footing to succeed, even with financing, but a cabinet making franchise is much more financially accessible than many other businesses.
The Home Remodeling Industry Is Huge.
It may not cost a lot to start a cabinet making business, but you can make some impressive sums in this business. Cabinet making and installation is part of the massive home remodeling industry, which is worth something in the area of $352 billion. This business is resilient and has been experiencing strong growth since about June 2020.
Kitchen And Bathroom Cabinetry Is An Especially Lucrative Subsegment Of Home Remodeling.
Kitchens and bathrooms—where cabinets are most often installed—are perhaps the strongest segment within home remodeling. An estimated $158.6 billion is spent on kitchen and bath remodeling.
Start A Kitchen Solvers Business.
To learn more about what we do, or the cabinet making business more generally, you can visit our blog. If you have any specific questions or would like to begin the process of becoming a franchise partner, please do not hesitate to get in touch with us.Back