• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Menu
  • Home
  • About
    • About Franchise Chatter
    • Contact
    • Privacy Policy
    • Terms of Service
    • Affiliate Disclosures
  • Subscribers Only
    • Login
    • New to Franchise Chatter? Start Here
    • America’s Most Lucrative Franchises
    • Franchises Ranked by Average Revenues
    • Franchises Ranked by Average Profits
    • Franchise Winners, Survivors and Losers Last Year
    • FDD Talk
    • Search by Name
  • Top Franchises
  • Franchise Earnings
  • Costs
  • Fees
  • Quiz
  • Search

How Much Is an N-Hance Franchise? (Detailed Franchise Costs)

Last updated on February 15, 2022 by Franchise Chatter Leave a Comment
in Franchise Costs, Home Improvement Franchise



Learn Which Franchises Can Make You Rich

N-Hance Franchise Costs: Estimated Initial Investment (Item 7, 2021 FDD)

1.  Initial License Fee:  $17,123 to $46,050

2.  Initial New Business Set – Equipment and Product:  $11,000 to $20,995

America's Most Lucrative Franchises of the Year

3.  Initial New Business Set – Marketing and Operations Package Fee:  $23,000

  • In order to acquire an N-Hance franchise, you must pay the franchisor the Initial Fee as outlined in Item 5. The Initial Fee is not refundable. All fees are imposed by and payable to the franchisor.
  • If you pay the Initial License Fee in full within 6 months of signing the Franchise Agreement and the Business Note, the franchisor will offer you a Cash Discount of 12% of the Initial License Fee amount.

4.  Business Vehicle:  $0 to $35,000

  • A white cargo van or a white pickup truck with a trailer is required for the operation of the Business and is used to transport equipment and products to a job site (the “Business Vehicle”).
  • In order for a Business Vehicle to be approved by the franchisor, the Business Vehicle must be a clean, well-maintained white cargo van or white pickup truck with an enclosed trailer and compliant with the current N-Hance standards.
  • The Business Vehicle must be marked professionally and clearly on both sides with the N-Hance approved logos.
  • Your first Business Vehicle must generally be in operation within 90 days of the Franchise Agreement date.
  • This item estimates the cost of your first van. If you already own a suitable, insurable Business Vehicle, there may be no need to purchase or lease an additional vehicle. However, the Business Vehicle must comply with standards of professionalism a consumer would expect when contracting for N-Hance services, and meet the current operations standards.

5.  Three Months’ Rent:  $0 to $5,500

  • If you do not own adequate space for the operation of the Business, you must lease space. Generally, this will require you to pay the first and last months’ rent, plus a security deposit.
  • N-Hance Businesses are generally located in light industrial parks and must be at least 300-500 square feet.

6.  Telephone and Business License:  $400 to $4,000

7.  Travel Expenses While Attending Training (if applicable):  $1,000 to $4,000


💰How Much Franchise Can You Afford? Use Our Free Financial Calculator



🎯Find GOOD Franchises in Your Target Industries That Are STILL Available in Your Area (Free Tool)


  • You are responsible for costs associated with travel to attend training and conventions, and for your own accommodations and meals while there.

8.  Insurance:  $600 to $6,000

  • You must obtain and maintain business liability coverage as well as vehicle liability coverage as a condition for receiving or maintaining a franchise.
  • You will pay this amount during the first three months of operations and then pay the balance of the annual premium monthly or quarterly.

9.  Additional Funds for 3 Months:  $2,500 to $12,000

  • You will need more funds if you are developing more than one Franchised Area.
  • These expenses include payroll costs, but do not include any draw or salary for you.
  • These figures are estimates, and the franchisor cannot guarantee that you will not have additional expenses starting the business.
  • The franchisor, in combination with its predecessor HRI, relied on over 16 years of experience in the wood cleaning, coating, protection, and renewal services to compile these estimates.

10.  Computer System:  $0 to $2,000

  • A computer system suitable to maintain and service your customer base is required for your Business.
  • If you already own a suitable computer system, there may be no need to purchase an additional one. However, you must obtain software designated by the franchisor.
  • You must also maintain an Internet connection and an email, and must check your email account at least daily. Cable or DSL internet connection is recommended.

11.  Advertising for 3 Months:  $1,500 to $5,000

  • This is an estimate of amounts you should spend on advertising your Business and are in addition to the marketing resources provided in the New Business Set. You should make further inquiries as to advertising amounts specific to your area.

12.  Permits and Licenses:  $700 to $5,000

Franchises Ranked by Average Revenues and Profits
  • The franchisor does not require any permits or licenses before you begin operation of your franchise, but your particular state or locality may have licensing requirements. You must obtain any permits or licenses required by your locality for performing the services of the franchise.
  • You must also obtain training and certification under the RRP by attending this training and obtaining certification from a third party. This training is not provided by the franchisor at this time.

13.  Total Estimated Initial Investment for Initial Franchise Purchase:  $57,823 to $168,545


💰How Much Franchise Can You Afford? Use Our Free Financial Calculator



🎯Find GOOD Franchises in Your Target Industries That Are STILL Available in Your Area (Free Tool)





Franchise Winners and Losers Last Year

Tagged as: N-Hance

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous post: N-Hance's Initial Franchise Fee, Royalty Fee + 35 Other Fees

Next post: FDD Talk: FASTSIGNS Franchise Review (Financial Performance Analysis, Costs, Fees, and More)

Primary Sidebar

💰How Much Franchise Can You Afford? Use Our Free Financial Calculator

🎯Find GOOD Franchises in Your Target Industries That Are STILL Available in Your Area (Free Tool)

As seen in:  New York Times, Bloomberg Businessweek, and CNBC

Login

Remember Me
Register | Lost your Password?
Reminder: Your username and password are case-sensitive.

Need help? Email franchisechatterblog@gmail.com

🤷‍♀️Why Work with a Franchise Broker?

A good franchise broker can help you to find the right franchise. They provide:

✅ Recommendations based on their assessment of historical financial performance (Item 19, FDD) instead of just franchise marketing materials.

✅ Franchise matches based on your goals, strengths, and passions.

✅ Demographic analysis to find franchises that could work in your area.

✅ A portfolio of franchises to meet almost any budget, interest, or goals.

✅ Referrals to other specialists, like franchise lawyers.

✅ Information on financing sources.

✅ Coaching in the due diligence process, based on experience with dozens of candidates.

✅ Help presenting yourself in the best light, to increase your chances of success.

✅ No fees for their services: franchisors pay them a success fee if an agreement is signed.

To get started, fill out this form, and a specialist from the Franchise Brokers Association will reach out to you.

👍”Your website and you have been instrumental in finding this franchise opportunity and I am overwhelmingly grateful.” (David F., subscriber)

🚀 Daily FDD Talk Posts

Cold Stone Creamery Franchise

IMAGE Studios Franchise

Culver’s Franchise

Pet Supplies Plus Franchise

Popeyes Louisiana Kitchen Franchise

WaveMAX Laundry Franchise

The Goddard School Franchise

PJ’s Coffee of New Orleans Franchise

SPENGA Franchise

Jamba Franchise

Screenmobile Franchise

Papa Murphy’s Franchise

Pure Barre Franchise

Schlotzsky’s Franchise

Assisting Hands Home Care Franchise

Wireless Zone Franchise

All Dry Services Franchise

ZIPS Dry Cleaners Franchise

Domino’s Pizza Franchise

Property Management Inc. Franchise

Synergy HomeCare Franchise

Fastest Labs Franchise

Units Moving and Portable Storage Franchise

Checkers & Rally’s Franchise

ShelfGenie Franchise

Freddy’s Frozen Custard & Steakburgers Franchise

Mr. Electric Franchise

KFC Franchise

Real Property Management Franchise

Dunkin’ Franchise

RockBox Fitness Franchise

Jimmy John’s Franchise

Five Star Painting Franchise

Noodles & Company Franchise

Relax the Back Franchise

MOOYAH Franchise

Senior Helpers Franchise

Slim Chickens Franchise

Salons by JC Franchise

Teriyaki Madness Franchise

Storm Guard Roofing and Construction Franchise

Baskin-Robbins Franchise

🏆 Best Franchises by Industry

Best Franchises by Industry (All Lists)

Best Home Inspection Franchises

Best Garage Franchises

Best Barbershop Franchises

Best Laundromat Franchises

Best Storage Unit Franchises

Best Car Wash Service Franchises

Best Gym and Fitness Franchises

Best Pizza Franchises

Best Sandwich Franchises

Best Childcare Franchises

Best Ice Cream Franchises

Best Coffee Franchises

Best Hamburger Franchises

Best Salon and Beauty Franchises

Best Chicken Franchises

Best Smoothie and Juice Franchises

Best Maid Service Franchises

Best Mexican Restaurant Franchises

Best Massage Service Franchises

Best Tutoring Franchises

Best Auto Repair Franchises

Best Auto Oil Change Franchises

Best Asian Restaurant Franchises

Best Pet Franchises

Best Commercial Cleaning Franchises

Best Sports Bar Franchises

Best Baked Goods Franchises

Best Moving/Junk Removal Franchises

Best Mailbox Franchises

Best Apparel Retail Franchises

Best Senior Care Franchises

Best Restoration Franchises

Best Tech Franchises

Best Travel Agency Franchises

Best Trampoline Park Franchises

Best Tools Distribution Franchises

Best Salon Suites Franchises

Best Property Management Franchises

Best Laboratory Services Franchises

Best Staffing/Recruiting Franchises

Best Real Estate Franchises

Most Profitable Franchises

Top Low Cost Franchises

Starting a Business During a Recession

Franchise Chatter uses affiliate links for Franchise Help and the Franchise Brokers Association.

Franchise Chatter © 2022