Turnkey In-Demand Kitchen Remodel Biz Poised for Growth
Kitchen Tune-Up franchise for sale in Cumberland County, Maine
List Price: $350,000 USD
Key Facts
Annual Gross Revenue
$656,236 USD
Cash Flow
$100,000 – $150,000
Value of Inventory
Less than $25,000
Value of Assets
$50,000 – $100,000
Year Established
2015
Business Operates From
My office or commercial location
Location Is
Leased
Approx. Monthly Rent
$500
Total Employees
Less than 10
1–3 MonthsTransition
Support
SomewhatPrice/Terms
Flexibility
NoneSeller financing Available
Full-timeOwner
Involvement
About this Business
This thriving Kitchen Tune-Up franchise in Portland, ME, offers an exceptional opportunity to own a successful and profitable kitchen remodeling business. Operating in the Greater Portland area, this franchise has built a stellar reputation, boasting consistent 5% year-over-year growth and a 3-year average revenue of $656,235, with an annual cash flow of $143,650. Fully booked with minimal marketing, the business runs efficiently with two full-time employees and a trusted network of subcontractors for licensed and specialty work.
Located in a territory undergoing gentrification, there is significant demand for upscale kitchen renovations, making it an ideal time for a new owner to step in. The franchise serves a booming $84 billion kitchen remodeling sector within the $500 billion home improvement market, providing affordable, high-quality solutions that homeowners love. Comprehensive training ensures no prior industry experience is required, making this a low-risk, high-reward opportunity.
If you’re ready to capitalize on this established success and take the business to the next level, inquire now!
Growth opportunities
The kitchen remodeling industry is thriving, driven by homeowners opting to renovate rather than move. With neighborhoods in the Greater Portland area gentrifying and property values rising, demand for high-end renovations continues to grow. Currently, the business achieves strong results with minimal marketing. However, investing in targeted advertising and expanding outreach could significantly increase revenue. Comparable territories have seen annual revenues of up to $1.7M when marketing efforts are maximized. With an affluent customer base and rising demand for luxury renovations, the growth potential is immense for an engaged owner.
Owner's Day-to-Day Involvement
The current owner dedicates approximately 40 hours per week to management oversight, sales, and customer relations. A new owner could maintain this involvement or hire additional staff to focus on specific aspects of the business, such as marketing or project management, to facilitate further growth.
Additional Info
Kitchen Tune-Up is a part of a nationally recognized franchise network, offering unparalleled support and proven success. Its streamlined solutions for kitchen makeovers ensure the brand stays competitive and in high demand.
Asset Description
The sale price includes all essential assets valued at approximately $88,500, ensuring the buyer has everything needed to run the business seamlessly. This includes two vehicles valued at $76,000: a 2021 Sprinter van with a high roof and a 2022 Ram ProMaster 3500 van with a Bay Bridge box. Also included are $12,500 worth of equipment and tools, allowing the new owner to step in with a fully operational setup and a strong project pipeline. The franchise's inventory of materials, estimated at $8,000, is also included in the sale price.
Inventory Description
The franchise's inventory of materials, estimated at $8,000, is also included in the sale price.
Reason for Selling
The current owner is retiring, creating a rare opportunity to take over this well-established business with a proven track record.
Why I Love My Franchise
The current owner finds joy in creating beautiful kitchens and improving people's homes, emphasizing the rewarding nature of helping clients transform their spaces.
About Kitchen Tune-Up
Kitchen Tune-Up is an award-winning franchise specializing in fast and affordable kitchen and bath remodeling services. Established in 1988, the brand has built a strong reputation for offering a range of services, from restoring cabinets to like-new condition in less than a day to full kitchen and bath remodels. Kitchen Tune-Up provides homeowners with personalized service options, including cabinet re-dooring, painting, and refacing, along with custom cabinets and countertop choices like laminate, granite, and quartz. The brand also emphasizes organization solutions to maximize kitchen space. On the bathroom side, the company handles everything from basic tub and shower conversions to full remodels using curated, designer-selected collections that simplify decision-making for customers. With superior training and ongoing support, Kitchen Tune-Up allows franchisees with no prior remodeling experience to thrive in the home services sector.
Franchisee Support
Kitchen Tune-Up provides extensive support to its franchisees to ensure their success in the remodeling industry. New franchisees benefit from comprehensive training that covers all aspects of kitchen and bath remodeling. Ongoing support includes a dedicated business coach, marketing resources, and access to a franchisee network for best practices and advice. Franchisees also receive tools for project management and sales, enabling them to effectively manage and grow their business.
Brand Accolades & Awards
Kitchen Tune-Up has earned recognition as one of the Top 50 revenue-generating locations in its franchise network. The brand has received high praise from customers, reflected in a 4.9-star rating on Google.
Industry / Market
The home repair and renovation market remains robust, even during economic downturns. The home improvement industry is projected to reach $600 billion by 2028, growing at a CAGR of 7.5%. Kitchen Tune-Up is strategically positioned to benefit from this trend by providing efficient, high-quality remodeling services that cater to budget-conscious homeowners.
Ideal Owner
The ideal Kitchen Tune-Up franchisee is an entrepreneurial individual with a strong background in sales and project management. They should have a passion for home improvement and a knack for managing teams. While no prior remodeling experience is necessary, successful franchisees should be organized, customer-focused, and capable of hiring and managing skilled workers. Strong communication and leadership skills are essential to drive business growth and customer satisfaction.