Franchising Status
Eligibility for SBA Loan

Franchisor Background

Franchisor Name

Primary Brand Name of Franchisor
Kitchen Tune-Up

Year Founded

Year when franchising entity was formed
1988

Parent Company

Corporate owner of franchising entity
KTU Worldwide Inc.

CEO

Chief Executive Officer of Franchisor
Heidi Morrissey

Franchise Units

Size of franchisee system
177

Industry

High level industry category
Professional Services

Initial Franchisee Requirements

Net Worth Required

Minimum net worth required to be franchisee
$350,000

Liquid Capital Required

Minimum liquid capital required to be franchisee
$50,000

Minimum Investment

Lowest reported franchise investment cost
$64,400

Maximum Investment

Highest reported franchise investment cost
$105,150

Minimum Franchise Fee

Minimum initial fee payable to franchisor
$72,000

Maximum Franchise Fee

Maximum initial fee payable to franchisor
Unknown

Other Considerations for Franchisees

Royalty Fees

Typically as a % of revenue
7% to 2%

Advertising Fees

Typically as a % of revenue
1.00%

Initial Term

Length of initial franchise agreement
10 years

Renewal Term

Length of franchise agreement if renewed
10 years

Number of Franchisor Lawsuits

Between franchisors and franchisees
0

Number of Director Bankruptcies

Franchisor directors, and franchise entities
0

Distribution of Kitchen Tune-Up Franchisees

Kitchen Tune-Up Franchise System Development in 2017