N-Hance Wood Renewal® Announces Franchise Expansion Plan in Northeast
Leader in Cabinet and Hardwood Floor Refinishing to Introduce New Franchises in 44 New Territories
LOGAN, Utah - September 01, 2016 - (BUSINESS WIRE) - Home renovations are about to become much easier for residents throughout the Northeast region, as N-Hance Wood Renewal, a national franchise that specializes in the refinishing of hardwood floors and kitchen cabinets, announces expansion plans to add 44 new territories through strategic franchise partnerships in the key cities in the Northeast region of the country – Baltimore, Washington D.C., Philadelphia, New York, Jersey City and Boston. Backed by Harris Research, Inc., N-Hance is the only wood refinishing company with a presence in more than 1,550 Home Depots across the nation.
According to the Remodeling Market Index, Americans are remodeling their homes at a greater rate over the past 12 months compared to past several years. As people are spending greater amounts of money on their homes, refinishing projects and revenue are increasing for service providers. This optimism in home improvement spending, coupled with N-Hance’s strong franchise partners, is contributing in large part to the rapid growth of the brand and its active development plans. Service brands like N-Hance offer entrepreneurs an opportunity to become a part of the $300 Billion a year home improvement industry.
Senior Vice President of Franchise Development at N-Hance, Ryan Combe, sees the Northeast region as an area with large growth potential and a great place for aspiring business owners to start a business. The maintenance and renewal trends for historic homes in these key cities creates a unique opportunity for N-Hance’s growth in the region.
“The Northeast region is of particular importance to our growth strategy, as N-Hance services are in high demand in the area,” said Combe. “We need good, strong franchise owners throughout the area to become leaders in their local communities and industries. With so many great territories available across the Northeast, the growth potential for franchisees is monumental. Our year-over-year revenue and business across the U.S. is on the rise.”
One key contributor to N-Hance’s growth is strong franchise owners operating across the United States and their drive to satisfy customers. Ronald and Lisa Markese have been N-Hance owners in New Jersey since 2012. Having seen the brand and demand grow through the years has left an impression on the Markese family. They see the impact N-Hance has on a daily basis by providing an alternative to customers seeking money and waste-saving home improvement alternatives.
“Homeowners are finding that keeping their cabinets is more beneficial now than ever before,” Lisa Markese said. “Our custom color options have opened up a new market of people who are opting for the custom cabinet look without the custom price tag. The edition of the Granite Renewal service has also allowed us to expand our customer base.”
Already working towards the goal of 44 new territories in six key areas in the Northeast, the company has identified markets that will be able to hold and sustain growth for new franchise partners. In the New York and Jersey City area, N-Hance will be able to sustain 15 locations, with six locations slated for Boston. Baltimore is poised to support six new territories, with another seven open in the Washington D.C. area. In Philadelphia, there is potential for ten new territories.
N-Hance Wood Renewal offers wood surface renewal for hardwood floors and cabinets at a fraction of the cost of more traditional methods of resurfacing or replacing. The renewal of these surfaces starts with the deep cleaning of any dirt, grease, or stains that are present. Technicians can then restore the cabinets to their original luster or change the color to fit newer trends. The innovative process provides one day hardwood refinishing without the hassle of dust, mess or odor. With more than 410 franchises nationwide, the company is projected to close 2016 with the addition of 100 new units across the United States, with a significant focus in the Northeast.
For more information about franchising in the Northeast and N-Hance Wood Renewal, please visit www.nhancefranchise.com or call 435-760-6740.
About N-Hance Wood Renewal
Based in Logan, Utah and founded in 2001, N-Hance Wood Renewal is the trusted partner of the Home Depot with a presence in more than 1,550 locations. Using a proprietary chemical abrasion and refinishing technique that requires no sanding, N-Hance Wood Renewal restores the natural beauty of hardwood flooring, trims and cabinets at one-third to one-fifth the cost of traditional re-facing or replacing of cabinets. The company’s powerful Lightspeed® U.V. curing technology shortens the refinishing process and produces less dust, mess and odor than traditional methods, making it ideal for homes and businesses. N-Hance Wood Renewal has more than 382 franchises across the United States and Canada and is backed by Harris Research, Inc., the same company that grew Chem-Dry into the world’s largest carpet cleaning company. For more information, please visit http://nhancefranchise.com/ to learn about franchise opportunities.
SOURCE N-Hance Wood Renewal
Fishman Public Relations