Granite Transformations
Home Services · Flooring & Interior Services
- Active units
- 31
- Royalty
- 5.0%
Franchised, year-end 2024
of weekly Net Sales
About Granite Transformations
Granite Transformations Hobart, located in Moonah TAS, prides itself on utilizing top-quality materials and skilled workmanship to transform kitchens, bathrooms, and laundries. What sets us apart is our remarkable and unique 'top that fits on top' concept. Our materials, which are 7mm thick, lightweight, and sturdy, can be installed over your existing benchtops without the need to remove them or provide additional support. If you're starting from scratch, we can also supply and install a new substrate for our stone to cover. Our surfaces, made from a blend of natural materials including granite, quartz, and glass, are diamond polished and non-porous, scratch-resistant, heat-resistant, and stain-resistant. We can replace benchtops, splashbacks, kickplates, doors, handles, and appliances to suit your preferences. Our qualified installers can even alter the shape and size of your benchtops and replace old cupboard doors and fronts. With an affordable price, quick turnaround time, and a 10-year warranty on our engineered stone, Granite Transformations Hobart offers practical, luxurious surfaces that add style, sophistication, and value to your home. Contact us for an obligation-free in-home quote and color selection. Experience the transformation today!.
Key terms
- Franchise fee
$45k
- Brand fund
3.0% of Net Sales
- Local advertising
10.0% of Net Sales
- Footprint
2,500 – 6,000 sq ft
- Veteran discount
10.0% off franchise fee — 10% discount off of the Initial Franchise Fee for qualified honorably discharged veterans
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2025 filing).
Growth
- Total locations31
Franchised units open at year-end
- New openings0
Gross new units opened during the calendar year
- 1-year unit growth rate-3.1%
Net unit growth versus prior year
- 3-year unit CAGR-15.1%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$246k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open4 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate5.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 30 of 46 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.