N-Hance Wood Refinishing was recently ranked in Entrepreneur magazineโs Fastest-Growing Franchises list.
This highly competitive list recognizes the 150 companies with the greatest franchise unit growth in North America, based on data submitted for Entrepreneurโs Franchise 500ยฎ ranking. Thanks to its exceptional growth, N-Hance Wood Refinishing was ranked #52.
โN-Hance had another year of tremendous growth, adding new franchisees and seeing a big gain in comp salesโ, says DโWayne Tanner, N-Hanceโs Senior Vice President of Franchise Development. โN-Hance fills a gap in the home improvement market, offering beautifully refinished cabinets and floors to its customers in a fast and cost-effective way. We have become the go-to refinishing franchise and company!โ
In 2019, N-Hance opened 41 new franchise businesses in the U.S alone.
“Growth is what franchising is all about,” says Jason Feifer, Entrepreneur’s editor in chief. “And this ranking of the fastest-growing franchises offers insight into what industries are trending, which specific businesses are thriving, and what strategies are translating into success in the current franchise market.”
Entrepreneurโs 2020 Fastest-Growing Franchises ranking is based on each companyโs net franchise-unit growth in the U.S. and Canada from July 31, 2018, to July 31, 2019, with ties broken based on percentage growth. N-Hanceโs position on the ranking demonstrates the brandโs rising popularity with both franchisees and customers.
Learn more about the N-Hance franchise opportunity
N-Hance is a low-cost, highly-scalable investment opportunity with potential for high returns. The total investment estimate to begin operations ranges from $51,970 to $167,023, which is significantly lower than other home renovation franchises or concepts within the home remodeling industry. The franchise fee for your first territory typically ranges from $13,259 to $46,028.
For in-depth details about the N-Hance wood refinishing franchise opportunity, download our Free Franchise Opportunity Report. You also can learn more by visiting our research pages.