Would you be interested in a franchise that can generate £200,000 in just three months?
...And that was during a General Election!
Mike and Elaine Hurley of Dream Doors Oxford opened their showroom, pictured below, late in March. By the end of June they had sold more than £200,000 worth of kitchen facelifts.
And at a gross profit margin of 45%, they're well on their way to recouping their £70,000 investment.
Mike says: "At this rate, we'll double our first year target. I was always confident this franchise would work, but what has happened since we opened our showroom, particularly in the last few weeks, has astounded us!"
The Hurleys had no experience in kitchens, no experience in retail, and had never run a business before. How did they achieve such success?
Mike says: "The support we get from Dream Doors far outstrips what is contractually agreed. Our Franchise Manager spent long days with us when we were planning and fitting out our showroom, he helped us find good fitters, and he works closely with Elaine on our local marketing."
Can you see yourself running a retail franchise with the brand leader in the kitchen facelift sector?
If you genuinely consider yourself:
- with good attention to detail
- and are of a very high calibre
This could be the franchise for you
You might have read in previous The Franchise Magazine articles that the credibility of a Dream Doors showroom trebles your turnover. Mike and Elaine's turnover has actually increased six-fold in the last three months!
Why are Dream Doors franchises turning over more than £50,000 per month?
- People aren't moving - they're improving.
- A Dream Doors kitchen facelift improves customers' homes without the hassle and upheaval of a fully-fitted kitchen.
- Dream Doors kitchen facelifts are at least half the price, sometimes even a third of the cost, when compared with kitchens from major retail brands.
- 80% of Dream Doors customers are over
- 60 years old. And because they've retired they're not worried about their job, redundancies or wage cuts.
- The over-60s have often paid off their mortgage and many have more disposable income than other age groups in society.
- The only way the recession has affected the over-60s is they are now getting just half a percent interest on their savings in the bank. And because of that, they are happy to spend some of their savings on improving their homes.