|Liquid Capital Required:||$100,000|
|Net Worth Required:||$310,000|
|Total Investment:||$139,000 - $308,000|
|Financing:||Via 3rd party|
|Incorporated Name:||ReBath, LLC|
|Home Office:||Phoenix, AZ|
|Awards:||#2 on Qualified Remodeler Ranking|
Re-Bath is a nationwide bathroom remodeling franchise that offers customers a comprehensive remodeling experience with free design, quality materials, and fast installation, complete with long-term warranties and a robust aftercare program. The Re-Bath business model is built as a one-stop solution to the bathroom renovation process using three simple steps: Design consultation, removal, and installation. Any type of project can be handled for the consumer, from affordable tub and shower updates to aging and accessibility solutions for aging adults. Re-bath assembles its exclusive line of products at the company's headquarters in Phoenix, AZ, while offering a range of high-quality fixtures from national brands, offering an assortment of colors and patterns. The Re-Bath remodeling process focuses on making things easy, convenient, and affordable for customers, earning the organization an average online reputation rating of 4.5 out of 5.
Values & History
The Re-Bath company began in 1978, founded by two Arizona State University students. Their process combined manufacturing, sales, and installation of acrylic liners and wall surroundings for the hospital industry, expanding into residential remodeling in 1991. Over the next 30 years, a larger assortment of bathroom remodeling products was added as the company continued to innovate and refine their processes and methods for superior installation. In 2010, Re-Bath was converted to a franchise model, adding more services and warranty options, and in 2018 a corporate-owned location for testing and systems updates for franchises was developed, resulting in a modern remodeling process that takes days, rather than weeks. The franchise now has 96 units in operation across 43 states in the US.
Americans spend over $18 billion a year on bathroom remodeling alone. This highly fragmented industry sees most of the competition coming from small independent contractors who are unable to match Re-Bath's customer value propositions. According to the National Association of Home Builders, the average full-time remodeling company generated a gross profit margin of 28.9% in 2017. For Re-Bath franchise owners the average gross profit margin in 2017 was 53.8%, with revenue far exceeding industry averages.
Purchasing a Re-Bath Franchise
Access to liquid capital no less than $100k is required for interested parties, who will also need a net worth of at least $300k. The total investment potential for franchise ownership with Re-Bath stands between $177,400 and $358,700. Financing is offered for qualified owners, as well as veteran discounts on franchise fees in the amount of 10%.
Ideal Candidate & Qualifications
The ideal Re-Bath franchisee will focus on sales and marketing as the foundation for their successful business with a love for customer interaction and satisfaction. Developing lasting relationships through dedicated service and natural devotion to leadership is key, as well as a focus on providing unsurpassed quality in installation and ongoing support for customers from all walks of life. Candidates who wish to provide a turn-key approach to the bathroom remodeling experience, driving success for the entire organization's brand are preferred.
Training & Support
The ownership training experience begins with a three-week onboarding course on-location at the corporate headquarters in Arizona. Re-Bath's business management and CRM programs provide comprehensive solutions for the day-to-day operation and management of each franchisee's business, helping you to generate and track leads, manage scheduling and training, and much more. Owners also have access to the franchise's RBAcademy, which offers ongoing online training to help owners polish and hone their skills and further develop their business. Continuous support is offered, with additional training opportunities, online support, and access to systems manuals, online tools, and guides for reference.