Cabinet IQ franchise fees for 2024:
Investment Range: $218,600 - 305,250
(1 unit)
Required Net Worth:
$200,000
Required Liquid Capital:
$75,000
Franchise Fee: 1 Unit: $59,500, 2
Units: $107,100 3 Units: $154,700 4 Units:
$202,300
See 2 Min. Drill for more.
Brand Fund: No brand fund year
1 - 2% year 2
Average Number of
Employees:
2 Employees to start with
subcontracted labor:
1. Sales & Design
Specialist
3. Subcontractor labor for
installation work
Master Franchise Opportunities:
No
Veteran Discount: Yes, 10%
off initial franchise
fee
Gross Revenue:
$3,129,177
Adjusted Profit:
$497,917
Yes. Cabinet IQ is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
No. Cabinet IQ is not a home based franchise opportunity.
Click here to find out how much Cabinet IQ franchisees make. Cabinet IQ offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
No. Cabinet IQ is not a master franchise opportunity.
Yes. Cabinet IQ franchise does offer a veteran discount.
No. Cabinet IQ franchise does not work with E2 Visa and EB-5 Visa candidates.
No. Cabinet IQ franchise is not looking for Canada franchisees.
No. Cabinet IQ franchise is not looking for International franchisees.
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.