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Home > Franchises > N Hance
N-Hance
A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor.
N-Hance is one of the leading franchises in restoring the beauty of wood floors and cabinets. The franchise was founded in 2001, and they opening franchising in 2003. Franchisor is a privately-held company with 70 employees and 7 employees in the franchise department. At N-Hance, the customers enjoy beautiful, like-new wood floors and cabinets.
N-Hance’s unique process can achieve incredible results at a fraction of the cost of typical wood refinishing. They assure to complete the work within 24 hours of time with high concern of cleanliness. They also offer low initial investment with available financing and quick start programs owing to the complete training program and a follow-up support from an advisor. The customers can receive the equipment, supplies, training and support needed to get started.
The N-Hance franchise has a total investment that includes 27500 to 90700 dollars, with a franchise fee that varies accordingly, ongoing royalty fee of 220 to 660 dollars per month, 5 years term of agreement which is renewable. N-Hance ranked at the 398th position in 2006 among the franchise 500, according Entrepreneur magazine 2006.
N-Hance also provides business cards, letterhead, envelopes, invoices, brochures and more. They offer full support with one-on-one consultation and seminars to learn how to grow the franchisee business. N-Hance also provides with a source of retail cleaning supplies that can be sold directly to the customer.
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