Are stagnant wages and workplace burnout making you rethink your future? You’re not the only one! Nearly 5.5 million new businesses launched in 2023 as more professionals sought a fresh start through entrepreneurship. But striking out on your own can be daunting, even for business-minded entrepreneurs. Franchising’s proven systems and brand support offer a lower risk path to building a business than starting from scratch. Learn why a remodeling franchise is a top opportunity, combining low risk with the potential for high rewards.

Is Remodeling a Good Franchise Investment?

With increasing demand for home improvements and renovations, especially as more people continue to invest in their homes, a remodeling franchise like Bath Tune-Up is a smart choice. Bath Tune-Up offers a full range of custom design options as well as curated concepts for every level of bathroom remodel.

Here’s why remodeling franchises are a good investment:

  1. Strong demand: Homeowners are spending more on renovations as they seek to upgrade or maintain their properties. The home remodeling market is estimated to reach nearly $650 billion over the next eight years, according to Global Market Insights. Growth in the home remodeling industry is driven by factors like aging homes, energy efficiency upgrades, and changing design trends. Bathroom remodeling also offers a strong return on investment for homeowners.
  2. Profit potential: Remodeling projects tend to be high-ticket services, especially for bathroom and kitchen remodeling. The average sale amount for Bath Tune-Up franchises was more than $18,000 in 2023; specifically, bathroom conversions averaged nearly $12,000, while full bathroom remodels came in at more than $28,000.*
  3. Brand recognition: When you invest in a home renovation franchise, you’re buying into an established brand with a proven business model. Brand recognition builds trust with customers, giving you a head start over independent remodeling businesses that must create a reputation from scratch.

No Remodeling Experience Required!

While it may seem like you need to be an expert in construction or design, many home renovation franchises are designed for entrepreneurs with business skills, not technical expertise. With a Bath Tune-Up franchise, you focus on project management and business growth and outsource the remodeling tasks to experienced contractors.

This means you don’t have to be an expert in construction to run a successful remodeling business. Instead, you’ll rely on your business acumen and leadership skills to manage your team effectively.

One of the biggest advantages of owning a franchise is the ongoing support and guidance you receive.

  • Franchise training: Franchisors provide comprehensive training to ensure you have the knowledge and tools needed to run your business. Bath Tune-Up franchisees receive 14 days of virtual and in-person training to give them the insight they need to run successful businesses. You’ll also receive a post-training 12-week action plan to help you follow the brand’s proven model and develop tools for good business habits and routines.
  • Marketing assistance: Most franchisors offer marketing support, including national advertising campaigns, social media strategies, and local marketing initiatives. This helps franchisees attract customers and build brand awareness. As part of Bath Tune-Up’s national advertising fund, we provide franchise owners with strategic marketing tactics, graphics, blogs, website pages, social media campaigns, and more.
  • Operational guidance: From business planning to project execution, franchisors offer ongoing guidance and support. Whether you need help managing cash flow, sourcing materials, or handling client relations, your franchisor is there to provide advice.
  • Technology and software tools: Home renovation franchises often provide proprietary software for project management, scheduling, and customer relationship management. These tools make it easier to run day-to-day operations efficiently. Our online design tool enables customers to visualize a new bathroom.
  • Franchise network: When you join a franchise, you’ll gain a team of like-minded entrepreneurs invested in your success. You can turn to your franchise network to learn best practices as you build your business. Bath Tune-Up has more than 48 locations nationwide.

Inquire Now to Learn More About Bath Tune-Up

Focusing on bathroom remodeling allows you to tap into a highly specialized market with consistent demand. Homeowners often prioritize bathroom upgrades due to their impact on property value and aesthetics, making this a lucrative niche.

Inquire now to learn more about partnering with Bath Tune-Up to open a home remodeling business.

*See FDD for details.

Explore the Next Steps.

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