N-Hance
The total investment to open a N-Hance franchise ranges from $70,700 to $192,000. The initial franchise fee is $45,000. Ongoing royalties are 2%.
What is the N-Hance franchise?
Homeowners often need to improve kitchens and floors without taking on the cost, demolition, and weeks of disruption associated with traditional remodeling. N Hance Wood Refinishing serves this need with a specialized approach to kitchen cabinets and hardwood floors. The service is positioned as an affordable, high quality alternative to full replacement and other extensive renovation work. This overview examines the N Hance franchise opportunity using information reviewed by PeerSense. PeerSense is a commercial capital advisory firm that introduces franchise buyers to SBA and conventional lenders. PeerSense is not a lender.
N Hance Wood Refinishing was established in 2001 and began franchising in 2006 from its headquarters in Logan, Utah. Harris Research, Inc. developed the foundational N Hance products between 2001 and 2003. Harris Research, Inc. is also credited with scaling the global Chem Dry carpet cleaning franchise. The early product development focused on long lasting, noninvasive, odorless products that could be applied quickly. N Hance launched nationally in 2006. The brand is now part of the BELFOR Franchise Group, recognized as the world's largest residential and commercial services franchisor based on geographic footprint. Its leadership includes Bob DeGraff, President, D'Wayne Tanner, Senior Vice President of Franchise Sales, and Joe Manuszak, Vice President of Global Development. Tarantin is also identified as a member of the leadership team. Together, the leadership group supports franchisees and brand expansion.
N Hance reported 541 total franchise units globally as of 2025. Data from June 2024 showed nearly 300 locations in the United States, while 2025 FDD data listed 255 franchised N Hance locations in the USA. The brand also operates in Canada, Australia, and New Zealand. By September 2017, N Hance had more than 470 franchises in North America. It awarded its 500th unit in 2017, 12 years after franchising began, and planned to award another 85 franchises in 2018. By August 2019, it had more than 500 franchises across North America and a presence in three international markets. Certain state specific FDD records show 19 total franchised units in particular regions, reflecting localized market activity alongside the broader domestic and international network.
The wood surface refinishing segment is part of the larger residential remodeling and home improvement market. Customers increasingly seek cost effective ways to improve the appearance and function of their homes without paying for complete renovations or dealing with extended construction. N Hance addresses this preference through cabinet and hardwood floor services that are described as affordable, high quality, and less intrusive than replacement. Quick service also matters because many homeowners have limited tolerance for prolonged disruption. The market benefits from homeowners choosing to maintain and improve existing assets rather than absorb the higher cost of replacing them.
Several broader conditions support demand for specialized refinishing. Aging housing stock across North America and other developed regions requires continuing maintenance and upgrades. Rising property values and increased home equity can give homeowners more capacity to spend on improvements, while economic caution can direct that spending toward services that provide more value per dollar. Remote and hybrid work have caused many people to spend more time at home, increasing attention to the condition of their living spaces. Local refinishing markets can be fragmented, giving a branded concept with technical expertise and proprietary products an opportunity to build share. N Hance operates with a low overhead model and is described as having strong margins and predictable demand. Those characteristics place the franchise within a specialized home improvement category supported by recurring maintenance and improvement needs.
The initial N Hance franchise fee is reported at $9,413 to $42,179. Other sources cite an initial fee of $22,500 to $45,000. The tiered structure varies by market size and territory configuration. Eligible veterans receive a 10% reduction from the initial franchise fee, producing a reported veteran fee of $20,250 to $40,500. This discount lowers the entry fee for qualified military candidates.
Estimated initial investment figures appear in several reported ranges: $49,913 to $153,179, $70,700 to $192,000, $70,995 to $196,995, $70,695 to $194,995, and $57,823 to $168,545. The investment is intended to cover specialized equipment, training, initial marketing, proprietary processes and products, and startup support from the franchisor. Compared with many other home improvement franchises, N Hance is presented as a lower cost opportunity. Its mobile format and emphasis on limited overhead are cited as reasons the model may support strong margins and high returns.
Applicants must show at least $50,000 in liquid capital, although some sources list $75,000. The stated net worth requirement is $75,000, while another source reports $200,000. Ongoing royalty information also varies. One source describes a fixed monthly royalty of $346 to $692 per month, and another reports $220 to $824. An advertising royalty of $200 per month is reported, while another data point lists 0.0% for advertising contributions. The fixed monthly royalty structure is described as keeping overhead predictable. N Hance is positioned as an accessible, mid tier franchise investment supported by the corporate resources of the BELFOR Franchise Group. The veteran incentive expands access for qualified buyers.
N Hance uses a mobile operating model centered on refinishing wood surfaces at the customer's location. Kitchen cabinets and hardwood floors are the main service areas. Franchisees use proprietary products described as noninvasive, odorless, quick to apply, long lasting, and high quality. Since the work is performed at the customer's site, the model does not require a costly retail storefront. A small administrative office or storage facility may be useful, but the primary service is delivered directly to consumers.
Staffing can remain lean because the process is designed for efficient application and a focused team can handle substantial work volume. N Hance provides 35 to 57 hours of hands on, on the job training and 6 to 15 hours of classroom training. The initial franchise package includes essential equipment, the full training program, initial marketing support, proprietary processes and products, and startup support. As part of the BELFOR Franchise Group, franchisees receive training, operational support, equipment access, and a turnkey business model. Ongoing coaching and business development guidance cover areas such as lead generation and long term business objectives.
N Hance operates in 39 states across the USA. Certain regions contain 101 franchise units, showing concentrated activity in selected markets. In New York, the company planned to add 22 locations by 2024 to the 21 existing franchise locations. It sought franchise partners in Albany, Syracuse, Long Island, the Bronx, and Manhattan. International expansion has included all provinces in Canada through a master franchise agreement formalized in September 2017. The brand also operates in Australia and New Zealand. As of September 2017, future expansion plans identified the European Union and MENA, meaning The Middle East & North Africa, including Bahrain, Kuwait, Morocco, Egypt, Qatar, Saudi Arabia, and the United Arab Emirates. The highest earning owner identified operated 7 territories. That example supports multi unit ownership as a possible growth path. The training and support structure also fits an owner operator model in which franchisees manage daily operations while using corporate guidance.
Other publicly available information provides revenue figures and operating observations for the N Hance system.
The average ticket for N Hance services grew to nearly $5,000 over the past few years. The introduction and adoption of Cabinet Door Replacement helped raise the value of customer projects. Cabinet services, including refinishing and door replacement, represent 79% of total franchisee revenue. Floor refinishing represents approximately 25% of the business. It also describes N Hance as a low cost, highly scalable investment opportunity with potential for high returns.
N Hance began franchising in 2006 and awarded its 500th unit in 2017, 12 years after the franchising program began. By September 2017, it had more than 470 North American franchises and planned to award another 85 franchises in 2018. By August 2019, the system had more than 500 franchises throughout North America and operations in three additional international markets. The brand closed 2021 with more than 25 new franchise openings and projected 40 new franchises in 2022. Its reported total reached 541 franchise units in 2025. June 2024 data showed nearly 300 United States locations, and 2025 FDD data listed 255 franchised N Hance locations in the USA.
N Hance ranked No. 159 on Entrepreneur's Franchise 500 List in 2018, up from No. 258 the prior year. Its integration into the BELFOR Franchise Group connects the brand with a franchisor recognized as the world's largest residential and commercial services franchisor based on geographic footprint. The model's competitive position comes from offering an affordable, high quality, less intrusive alternative to traditional remodeling. Harris Research, Inc. originally developed the proprietary products and processes, which are described as long lasting, noninvasive, odorless, and quick to apply. Cabinet Door Replacement raised the average ticket to nearly $5,000 and added a higher value service. Cabinet services account for 79% of franchisee revenue, giving the system a concentrated focus on one of its principal offerings.
Loan Activity Score
53/100
SBA Default Rate
19.2%
Active Lenders
13
According to its Franchise Disclosure Document or public business records, N-Hance has 255 locations, all owned by franchisees. Public SBA loan records show 13 lenders made 26 loans to franchisees of N-Hance. PeerSense calculates N-Hance's score as 53 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2026 Franchise Disclosure Document.
Franchising since 2001 · 255 locations
$70,700 to $192,000
$45,000
255
255 franchised
Proprietary PeerSense metric
ModerateDistinct lenders in public SBA records for N-Hance
26
Total SBA loans
$202K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for N-Hance
Loan Activity Score Breakdown
Established (25 to 99 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
19.2%
vs 10.8% peer avg
SBA Loans
26
Total Volume
$5.3M
Active Lenders
13
2 selective
States
15
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for N-Hance based on SBA lending data
SBA Default Rate
19.2%
8.4% above peer avg
SBA Loan Volume
26 loans
Across 13 lenders
Lender Diversity
13 lenders
Avg 2.0 loans per lender
Investment Tier
Mid range investment
$70,700 to $192,000 total
N-Hance: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2020
4 approvals. The best year on record for N-Hance.
Top SBA State
Florida
3 SBA financed N-Hance locations, the densest operator footprint.
Average Loan Size
$239K
Median $125K. Use as a sizing anchor when modeling your own N-Hance unit.
Lender Concentration
76.2%
Concentrated
Share of N-Hance approvals captured by the top 3 SBA lenders.
N-Hance's SBA lending pipeline peaked in 2020 (4 approvals). The last five fiscal years account for 42% of cumulative volume ($3.8M approved). Operator density is highest in Florida with 3 SBA financed locations. Average funded ticket sits at $239K, with the median at $125K. Lender mix is concentrated: the top three SBA lenders account for 76.2% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$732
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
N-Hance, unit breakdown
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman