Kitset Assembly Services Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Kitset Assembly Services is a services franchise providing on-site assembly and installation of flat-pack furniture and cabinetry. Franchisees run local operations, managing assemblers, scheduling, and accounts.
FranchiseVerdict summary · 2026
A Kitset Assembly Services franchise requires a total initial investment of $96K – $146K, including a $50K franchise fee. The 2026 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2026 FDD issuance
Overview
- Investment
- $96K – $146K
- 32nd pct Business Serv…
- Avg gross sales
- N/A
- 1 outlet
- Royalty
- N/A
- Units
- 1
- 2nd pct Business Serv…
- SBA charge-off
- N/A
Quick verdict · Business Services · color = vs category peers
Green = favorable by >10% vs Business Services avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $96K – $146K including a $50K franchise fee.
- RETURNSNo audited financial statements are present in these page images. Pages p123-p126 are the Operations Manual Table of Contents (Exhibit J), p127-p128 continue that TOC, and p129 is Exhibit K (Lists of Current and Certain Former Franchisees). No balance sheet, income statement, or Independent Auditor's Report appears in this folder; all financial figures are unavailable.
- RISKVerdict C (Average), verdict score 39/100 (higher is better).
- FLAGAuditor disclosed a going-concern note, which flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- KITSET ASSEMBLY SERVICES U.S. LLC
- Parent company
- KITSET ASSEMBLY SERVICES U.S. HOLDING INC.
- CEO title
- Director and CEO
- Grant Nye
- Incorporated in
- AZ
- HQ
- 7400 N. Oracle Road, Suite 150-410, Tucson, AZ 85704
- Auditor
- Kezos & Dunlavy
- Audited financials
- Franchisor revenue
- $0
- Most recent fiscal year
- ⚠ Going-concern note
- Disclosed in FDD 2026
- Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.
Overview
About
- CEO
- Grant Nye
- Headquarters
- AZ
- Founded
- 2022
- FDD year
- 2026
- States available
- 7
Can you afford it, and what does the money buy?
Entry cost runs 57% below the typical business services franchise.
Source: FDD 2026 · Items 5–7
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $50K | $50K |
| Working capital (3–6 mo) | $10K | $15K |
| Equipment, build-out, other | $36K | $82K |
| Total initial investment | $96K | $146K |
Source: Kitset Assembly Services 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $96K – $146K
- Top 40% of category vs category
- Liquid capital req'd
- $10K – $15K
- Top 40% of category vs category
- Franchise fee
- $50K – $50K
- Top 40% of category vs category
- Royalty
- $1,000 per calendar month (or prorated amount for any par…
- Ad fund
- $250 per calendar month flat fee
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | $1,000 per calendar month, payable in advance on or before the first day of each calendar month |
| Technology fee | $50 |
| Transfer fee | $8K |
| Renewal fee | $3K |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Kitset Assembly Services did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Kitset Assembly Services unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
79%
Above the 30–60% band. Verify revenue is per-unit average
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2026 FDD
Financial Performance
No audited financial statements are present in these page images. Pages p123-p126 are the Operations Manual Table of Contents (Exhibit J), p127-p128 continue that TOC, and p129 is Exhibit K (Lists of Current and Certain Former Franchisees). No balance sheet, income statement, or Independent Auditor's Report appears in this folder; all financial figures are unavailable.
vs Business Services averages
How Kitset Assembly Services Compares
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 1
- Opened
- 1
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
3-year detail · Item 20
- Opened (3yr)
- 1
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 7 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
7
states with franchisees (per FDD Item 12)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
The auditor flagged going-concern doubt (Item 21) — the single biggest risk here.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Litigation (Item 3)
No litigation required to be disclosed.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Kezos & Dunlavyⓘ Going-concern language present, but this is an early-stage franchisor with limited operating history — common for new systems and not necessarily a sign of distress.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: Yes
Score breakdown · what drove the 39 / 100 verdict
- 01MINORZero existing franchise units with unknown growth trajectory raises questions about system viability and market validation
- 02MINORNo Item 19 disclosure of average revenue or net income prevents ROI assessment on $95,700–$146,050 investment
- 03MED$1,000/month royalty ($12,000/year) on undisclosed revenue creates uncertainty about profitability threshold
- 04MINORHigh franchise fee ($49,500) represents 52% of minimum total investment with no performance data to justify cost
- 05MED5-year term is shorter than industry standard (10 years), suggesting limited franchisor confidence or increased renewal uncertainty
- 06MINORComplete absence of operating franchisee base eliminates peer validation and reference checks
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | exclusive |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Not allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 20 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Arbitration location | Pima County, Arizona |
| Jury trial waiver | No |
| Governing law | AZ |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed.
Items 10, 11
Training & Operations
- Classroom training
- 27 hrs
- On-the-job training
- 128 hrs
- Training location
- Franchisor headquarters (Tucson, Arizona) and online; OJT with experienced franchisees or trainers
- Ongoing training
- Required
- Time to open
- 1 mo
- From signing to launch
- Site selection
- Franchisee with franchisor approval (home office permitted without approval; commercial location requires franchisor prior approval)
- Franchisor financing
- Not offered
- Item 10
- POS system
- Toolkit Software (by Toolkit Global Solutions Limited)
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Toolkit Software (by Toolkit Global Solutions Limited)
Item 20 · call current owners
Franchisee Contacts
3 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Kitset Assembly Services · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Kitset Assembly Services franchise?
The total investment to open a Kitset Assembly Services franchise ranges from $96K – $146K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Kitset Assembly Services franchise owners earn?
Kitset Assembly Services does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the Kitset Assembly Services FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Kitset Assembly Services FDD and qualifies whose outlets they describe.
What is Kitset Assembly Services's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Kitset Assembly Services (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Kitset Assembly Services franchise locations are there?
As of their most recent FDD filing, Kitset Assembly Services has 1 total units in the United States, including 1 franchised units and 0 company-owned units. 1 new units were opened in the latest reporting year.
Is Kitset Assembly Services a good franchise to buy?
FranchiseVerdict rates Kitset Assembly Services as a C-grade franchise with a verdict score of 39 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.