Cabinet IQ Franchise — Costs & How to Buy
- Initial investment
- —
- Franchise fee
- $59,500
- Royalty
- —
- Units open
- —
- Liquid capital
- $75 – $150
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Overview
Cabinet IQ is a franchise company specializing in kitchen and bathroom remodeling. They offer a business opportunity for individuals to own and operate a home services franchise focusing on cabinet and countertop installation, even without prior industry experience. Their core business revolves around providing high-quality home remodeling products and services with a strong emphasis on customer satisfaction, supported by comprehensive training for their franchisees.
Key differentiators
["No prior kitchen remodeling, cabinet, or countertop experience required for franchisees, as comprehensive training is provided.","Strong emphasis on support and guidance for franchisees, with continuous performance reviews and assistance to ensure success.","Offers a military discount, reducing the initial franchise fee by 20% for qualified current U.S. military members or honorably discharged veterans.","Focuses on practical aspects of running the business (management, sales, customer service, design, scheduling) rather than complex manufacturing for franchisees."]
Training & support
Cabinet IQ provides extensive training in everything a franchisee needs to know to run a kitchen and bathroom remodeling business, even without prior experience. They also offer continuous performance reviews and provide ongoing support to help franchisees overcome challenges and succeed. This includes guidance in developing a business plan and support for solo or team-based ownership.
Ideal candidate
Their target customers are homeowners seeking kitchen and bathroom remodeling services. This includes individuals or families looking to upgrade their living spaces with new cabinets and countertops. Their marketing and customer service are geared towards providing high-quality products and services with excellent customer satisfaction.
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Cabinet IQ franchise — frequently asked questions
How much does it cost to open a Cabinet IQ franchise?+
Total initial investment for a Cabinet IQ franchise typically ranges from $0 to $0, including the franchise fee, build-out, equipment, initial inventory, and working capital for the first three months of operations.
What ongoing fees does Cabinet IQ charge?+
Franchisees pay an ongoing royalty calculated as a percentage of gross revenue, plus a brand development fund contribution. Specific percentages and minimums are disclosed in Item 6 of the Franchise Disclosure Document.
Do I need industry experience to own a Cabinet IQ franchise?+
No prior industry experience is required. Cabinet IQ provides initial training, an operations manual, and ongoing field support. Successful candidates typically bring management experience, leadership skills, and a willingness to follow the system.
How long does it take to open a Cabinet IQ location?+
From signed franchise agreement to grand opening, most Cabinet IQ franchisees open within 6 to 12 months. Timeline depends on real estate selection, permitting, build-out, and training completion.
Is financing available for Cabinet IQ franchisees?+
Cabinet IQ is registered with the SBA Franchise Directory, which streamlines SBA 7(a) loan approval. Most franchisees finance 60–80% of the initial investment through a combination of SBA loans, equipment financing, and personal capital.