Introduction to Kitchen Solvers
Gerald and Betty Baldner founded Kitchen Solvers as a home-based business in 1982 in La Crosse, Wisc. The company initially focused on high quality cabinet refacing. Kitchen Solvers was a pioneer in the craft of kitchen cabinet refacing and in the early 1980s, with mortgage interest rates in the high teens, people were looking for ways to make their remodeling dollar go further. With 34 years of experience and 45,000 plus kitchens remodeled, there is no doubt that Kitchen Solvers is the premier kitchen remodeling franchise. Today there are 57 territories in total operating in 20 states.
A day in the life of a franchisee
As a Kitchen Solvers franchisee you will not need any prior remodeling or installation experience. In fact, with the Kitchen Solvers business model you will never need to swing a hammer. Day to day, our franchisees are involved with the sales, marketing, and project management of their business. The goal of our franchisees is to provide second to none customer service while growing the profitability of their business.
Business Model
Key features of the Kitchen Solvers business model:
- Exclusive Large Territories
- Gross Profit as high as 40%
- Royalty Rate 6%
- Marketing 1%
- Home Based – Low Overhead – Low Labor
- Cash Based – No Inventory
- Client pays 90% of each job before installation
- Flexible work schedule – No late nights
- Proprietary sales and marketing programs
Support
At Kitchen Solvers we believe we must be ahead of the competition with the tools and support that we give to our franchisees. Every franchisee begins with a franchise vision plan in which the home office is dedicated to helping our franchisees achieve. As part of the Kitchen Solvers advantage our franchisees receive:
- 2 Week training program
- Unprecedented on-going training and support
- State of the art customer management & marketing platforms
- Preferred vendor program – Vendor management & support
- Proven sales process with on-going training and support
- Installation training and support
Industry Opportunity
According to a Harvard University Joint Center for Housing Study, the market for kitchen and bath remodeling in the U.S. sits at $75 billion a year — and growing. The Harvard researchers expect home improvement spending to climb 3.5 percent a year through 2015.
Although new construction suffered greatly during the recession, remodeling work held tight. Harvard University’s Joint Center for Housing Studies singled out specialty contracting firms like Kitchen Solvers for their ability to navigate even the worst of the recession, thanks to streamlined operations, focus and efficiency.
Franchisee Profile
- Energetic self-starter
- Organizational, communication, and interpersonal skills
- Customer Service
- Able to manage and lead people
- Solid sales experience
- Hands – on type personality
- Manage advertising plans
Investment
- Total investment range: $80,000 - $128,000
- Cash required: $75,000 (includes working capital)
- Franchise Fee $35,000
- Net Worth $250,000
- Financing available to qualified candidates
