KTU Worldwide, Inc. (KTU), franchisees provide unique on-site wood restoration and repair services along with offering replacement cabinet doors, cabinet refacing materials, cabinet painting, replacement cabinet hardware, new cabinets, granite sealing, and shelf organizers, and other services and products generally relating to home improvement and remodeling.
Company Background
Kitchen Tune-Up offers a range of products and services for the kitchen. From cabinet refacing to replacement hardware, Kitchens Tune Up is your one stop shop for all things related to kitchens.
Franchise Opportunity
Everyone loves their kitchen, but it doesn't always love them back. The cabinets in your kitchen are probably the most used and abused part of your home. They get smudged from cooking, stained from spills, scratched by pots and pans being pulled out of the cupboard too quickly, chipped when dropped on a tile floor (we've all done that), and more. Kitchen Tune-Up's professional cabinet restoration services can help restore your worn cabinets to like new condition at a fraction of the cost of replacing them with brand new ones! Not only do our cabinet refinishing services save you money over replacement costs, they also increase the value of your home! Over time, kitchens take quite a beating. As grease builds up on surfaces due to cooking or just plain old use; as hard water stains develop around faucet handles; as scratches appear because you're simply not careful with your things...the wear and tear takes its toll on
Corporate Structure
Kitchen Tune-Up is a South Dakota corporation that was incorporated on April 15, 1988. Their principal business address is 813 Circle Drive, Aberdeen, SD 57401.
Investment and Franchisee Fees
The total investment necessary to begin the operation of a single Kitchen Tune-Up franchise is $94,973.50 to $129,077.50 This includes the $72,000 that must be paid to the franchisor.
Royalties and Marketing Fees
Royalties : 2.0% - 7.0% of revenue
Royalties : 1% of your monthly Gross Revenue, or $400, whichever is greater for a Standard Market Franchise and $600 for each Executive Franchise Agreement.
Royalties : minimum of $2,500 per month or 5% to 10% of your Gross Revenue
Earnings Transparency
7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
This franchise's rate of attrition in 2023
of 0.00%
was
Higher
than the % in the Building & Construction industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Employee Contact Database
#
Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Distribution of Kitchen Tune-Up Franchisees
Kitchen Tune-Up Franchise System Development in 2021
Historical Franchisee Revenue
FAQ
How much investment do I need to start my own Kitchen Tune-Up business?
Franchisees typically require at least
$94,974 to
$129,078 investment to get their
Kitchen Tune-Up business started
What are the initial franchise fees for Kitchen Tune-Up?
Franchisees typically need to pay at least
$72,000 in fees directly to
Kitchen Tune-Up in order to earn the right to launch their business
How much money can I make with a Kitchen Tune-Up franchise? What are
the average revenues for a typical Kitchen Tune-Up business?
We estimate that the average revenue of an individual
Kitchen Tune-Up unit is approximately
$547,765. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Kitchen Tune-Up unit? What
is my contractual commitment?
Kitchen Tune-Up franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
0 /10
The Franchisor's investment costs ranges from
$1,115,200 to $1,464,200
which is
Much Lower
than the $283,991 to $562,195 average in the Building & Construction industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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