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Renew Medic
Renew Medic franchises operate specialty mitigation, restoration, transformation, re-sale, and manufacturing businesses focused on residential and commercial cabinet repair, restoration, renewal, transformation, and manufacturing services. Franchisees use the Renew Medic trademarks and proprietary system to deliver these services from a brick-and-mortar office with warehouse space and branded service vehicles. The target market includes homeowners, business owners, insurance companies, and others responsible for residential and commercial cabinetry, with opportunities through national accounts and restoration networks.
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Franchise Costs
7% royalty + 2% ad fund + $1,652/mo technology fee
Financial Performance
Item 19 Financial Performance
Data Based On: Gross sales data for 4 franchised locations that converted to Renew Medic franchises in 2024 (Table 1 on page 3). Detailed expense and EBITDA data for one of these franchised locations (Denver, Table 3 on pages 4 and 5).
* Average gross revenue for franchised locations was calculated from the 4 individual franchise unit revenues listed in TABLE 1 on page 3: ($5,366,283 + $1,041,925 + $487,906 + $649,016) / 4 = $1,886,282.50. Median gross revenue was calculated from the same 4 franchised locations. EBITDA of $1,016,305 and an EBITDA margin of 17% are explicitly stated for the Denver franchisee in TABLE 3 on page 5. The best guess profit (EBITDA) for the Denver franchisee is calculated as Total Income ($5,836,696) - Total Expenses ($4,820,391) = $1,016,305. Since no range of expenses or profitability was provided for this specific franchisee, this single value is used for both low and high profit estimates.
Extracted Item 19 Section
Avg. Revenue: $1,886,283
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Unlock financial performance dataRenew Medic Franchise Analysis
Picture a franchise that revives worn cabinets into profit centers, serving insurers, homeowners, and commercial clients through a proprietary system of repair, restoration, and even manufacturing. With franchising just kicking off and Item 19 laying bare revenue snapshots across its handful of locations, Renew Medic hints at outsized earning potential in a recession-resistant niche. But can this fresh entrant deliver consistent returns amid early-stage risks?
Item 7 details the initial investment from $423,111 to $734,326, including a hefty $100,000 franchise fee, with ongoing costs like 7% royalties, 2% brand fund, and $1,652 monthly tech fee. Item 19 shines brightly: average gross revenue clocks in at $1,886,282, though the median drops to $845,470 across four franchise units, signaling top performers drive the average while others lag. EBITDA margin sits at 0%, and estimated profits fix at exactly $1,016,305—likely a model assumption—meaning real take-home depends on hitting those sales amid warehouse, vehicle, and labor expenses in home services.
This young system, franchising since 2024 from Cordova, TN, under TCB Services Holdings, boasts four corporate and four franchise locations, with 32 new units projected—a 800% growth ambition. No contraction signals yet, but with minimal track record, Item 20's stability and national account leverage will be key. Buyers eyeing this $1M+ revenue play must probe outlier performance drivers, insurance network strength, and scalability in a field where median lags average, per FDD 2025 insights.
Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How Renew Medic Compares
Key Insights
- Higher investment than 99% of Home Services franchises
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Renew Medic Current | $423K – $734K | $100K | 7.0% | 4 |
| MERRY MAIDS | $127K – $166K | $55K | 7.0% | 933 |
| HOLIDAY LIGHTING HEROES | $136K – $164K | $118K | 10.0% | 672 |
| MOSQUITO AUTHORITY | $54K – $128K | $45K | 10.0% | 546 |
| Culligan | $130K – $814K | $40K | 2.0% | 460 |
| MOSQUITO JOE | $150K – $192K | $43K | 10.0% | 415 |
Home Services Average 136 franchises | $142K – $269K | $52K | 6.9% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 136 Home Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
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Unlock location growth dataFranchisee Contacts
1 franchisee contacts on file from official FDD filings.
1 Contacts Available
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Unlock contactsDue Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a Renew Medic franchise ranges from $423,111 to $734,326. This includes a franchise fee of $100,000. Ongoing royalty fees are 7.0% of gross sales.
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