Averan Cabinet IQ Opening Package Offer
Averan Advisors gets the books and financial systems for a new Cabinet IQ location ready before opening day, so your first month closes on time. The setup follows Cabinet IQ’s 2026 FDD and your franchise agreement.
The Cabinet IQ opening package
Cabinet IQ’s 2026 FDD puts the cost to open one location at $308,350 to $482,750, so getting the finances right from the start matters.
Averan helps Cabinet IQ franchisees get their books and financial systems ready before opening, with a dedicated home improvement specialist.
- QuickBooks set up for Cabinet IQ’s reporting requirements.
- Build-out spending tracked against Cabinet IQ’s Item 7.
- Loan draw packages prepared for your lender.
- Point of sale, payroll and other systems connected and tested before opening.
Do you have 30 minutes this week? Book a 30-minute call.
Already open with another bookkeeper? See the Cabinet IQ conversion package.
What the Cabinet IQ opening package includes
QuickBooks file
We build a QuickBooks file for your Cabinet IQ location and connect every bank account and card to it.
Reporting format
We set up the chart of accounts so the books produce the monthly report Cabinet IQ asks its owners for.
Analytics package
Each month we compare your results with the figures in Cabinet IQ’s 2026 FDD.
Budget tracker
We turn Cabinet IQ’s Item 7 estimate into your opening budget and record every opening cost against its line.
Loan draw packages
We prepare a file for each loan draw your lender asks for, including SBA loan draws.
Systems connected
We connect the point-of-sale system Cabinet IQ requires, its job scheduling and invoicing system and your payroll to the books.
Tested before opening
Before your Cabinet IQ location opens, we run one test day of sales and one test payroll through the books.
Handoff to monthly
Your Cabinet IQ royalty, brand fund and report due dates go on one calendar for the monthly close.
Timeline
- 1Kickoff5 business days
We hold a kickoff call and send the list of documents we need.
- 2Setup10 business days
We build the QuickBooks file and connect your accounts.
- 3Build-outEach month
We tag every payment to a line of Cabinet IQ’s Item 7 and prepare each loan draw.
- 4Systems45 days before opening
We test the point of sale, the other systems and payroll.
- 5Opening dayYour opening date
We match each day of sales to the deposits that follow it.
Cabinet IQ figures from the FDD
The 2 Cabinet IQ franchised outlets with a showroom open all of 2025 averaged $1,129,828 of gross revenue, at 41.4% gross margin, according to Item 19 of Cabinet IQ’s 2026 FDD, issued 29 April 2026. The 2 in that group are 4%* of Cabinet IQ’s 53 franchised outlets. Fees paid to Cabinet IQ come to about 7.58%* of sales.
Cabinet IQ’s 2026 FDD estimates in Item 7 that opening one Cabinet IQ location costs $308,350 to $482,750, including the $59,500 initial franchise fee.
36 Cabinet IQ locations opened in the last year that Item 20 of Cabinet IQ’s 2026 FDD reports.
At the end of the last year that Item 20 reports, Cabinet IQ had 9 franchise agreements signed for locations not yet open.
Send us to start
- Your signed Cabinet IQ franchise agreement.
- Cabinet IQ’s current FDD.
- The Cabinet IQ monthly report format and the software it uses.
- Your entity documents and EIN letter.
- Your lease, contractor bid and loan agreements.
Access we need
- Your payroll processor.
- The point-of-sale system Cabinet IQ requires.
- The job scheduling and invoicing system.
- The Cabinet IQ reporting portal.
- Your invoice and expense software.
- View access to your bank accounts and credit cards, with no power to move money.
- How you want inventory tracked.
Questions from Cabinet IQ owners
Does Averan Advisors work with Cabinet IQ owners?
Averan Advisors sets up and keeps the books for Cabinet IQ owners, and the Averan franchise library has a breakdown of Cabinet IQ’s 2026 FDD with its fees, cost to open and Item 19 figures.
How does the Cabinet IQ royalty show up in the books?
The Cabinet IQ royalty is 6% of sales, according to Cabinet IQ’s 2026 FDD. We record it on its own line, so each month’s charge can be checked against your sales.
What does it cost to open a Cabinet IQ franchise?
Cabinet IQ’s 2026 FDD estimates in Item 7 that opening one Cabinet IQ location costs $308,350 to $482,750. We turn those Item 7 lines into your opening budget and track each payment against them.
What happens after my Cabinet IQ location opens?
Your Cabinet IQ books move to the Monthly Close, which closes each month and sends a profit and loss, a balance sheet and the royalty reconciliation. The QuickBooks file stays yours.
* Averan Advisors calculation from the figures in Cabinet IQ’s 2026 FDD.
Where to next
Talk to us about your Cabinet IQ opening
Send the short form for the Cabinet IQ opening package, or book a 30-minute call about your Cabinet IQ location and your opening date.
Get the offer → Book a 30-minute call