Start A Kitchen Remodeling Business - Business Ideas
Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.
Kitchen remodeling means changing the previous appliances, cabinetry, countertops, flooring, and fixtures to add space and value through a new look.
The kitchen remodeling business requires creativity, design, and technical skills. To succeed in kitchen remodeling, you must be well-versed in aesthetics and space planning. You must show deep practical technical knowledge when it comes to the installation of plumbing, electrical, and other kitchen appliances.
Starting a kitchen remodeling business requires a great deal of effort, dedication, and most importantly passion.
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Key Stats
Startup Costs
Min Startup Costs | Max Startup Costs | |
---|---|---|
Employee & Freelancer Expenses |
$151 |
$252 |
Website Costs |
$223 |
$7,015 |
Business Formation Fees |
$600 |
$4,700 |
Vehicle Expenses |
$0 |
$10,000 |
Retail Business Expenses |
$1,250 |
$6,650 |
Advertising & Marketing Costs |
$75 |
$3,986 |
Software Expenses |
$162 |
$2,720 |
Office Space Expenses |
$0 |
$100 |
Specific Industry Expenses |
$0 |
$500 |
Total Startup Costs |
$2,461 |
$35,923 |
Successful Businesses
Business | URL | Rank | |
---|---|---|---|
2ndKitchen |
2ndkitchen.com |
273,256 |
|
The Food Corridor |
thefoodcorridor.com |
288,323 |
|
Kitchen Magic |
kitchenmagic.com |
319,468 |
|
kitopi |
kitopi.com |
426,498 |
|
Kitchen Tune-Up |
kitchentuneup.com |
749,000 |
|
Forkliftaction |
forkliftaction.com |
780,285 |
|
Dream Doors Kitchens |
dreamdoorskitchens.com.au |
1,578,349 |
|
Best Kitchen Remodeling Wichita |
kitchenremodelwichita.com |
2,198,449 |
|
Shafic Dagher |
shaficdagher.com |
2,543,724 |
|
New Kitchens & Replacement Doors |
dreamdoors.co.uk |
3,089,244 |
|
Better Than New Kitchens |
kitchencabinetrefacingaz.com |
3,802,779 |
Pros & Cons
Pros | Description |
---|---|
Little startup costs required |
The cost to start a kitchen remodeling business costs significantly less money than most businesses, ranging anywhere from 62 to 35,923. |
Rewarding work |
Starting a kitchen remodeling business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about. |
High customer retention rates |
Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your product or service becomes indispensable to your customer. |
Pick & choose the clients you work with |
Kitchen Remodeling Businesses have the ability to choose the clients they work with. You have the freedom to work with only a few loyal clients or with hundreds of clients! |
Control of workload |
With starting a kitchen remodeling business, you have the unique ability to choose how little or how much you want to work. You also have the freedom to decide which projects you want to work on, and can turn down the ones that do not interest you. |
Gain exposure and experience |
This career allows you to gain experience working for multiple different businesses - which will benefit your resume and also keep things interesting for you! |
Cons | Description |
---|---|
Motivation of employees |
If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees. |
Longer Sales Process |
A kitchen remodeling business can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers. |
Work can be inconsistent |
As a kitchen remodeling business, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have. |
Lack of benefits |
With a kitchen remodeling business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming. |
Taxes |
As a kitchen remodeling business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it. |
No safety net |
Typically, as a kitchen remodeling business, you do not receive a consistent pay-check and instead earn money based on your transactions each month. During the slow periods, you typically take away less since the job is based on commission. It's important to budget accordingly for the slow times. |
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings