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.
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
How Renew Medic Compares
Key Insights
- Higher investment than 98% 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 | $150K – $177K | $127K | 10.0% | 653 |
| SIGN GYPSIES | $4K – $5K | $1K | N/A | 587 |
| MOSQUITO AUTHORITY | $54K – $128K | $45K | 10.0% | 546 |
| Culligan | $130K – $814K | $40K | 2.0% | 460 |
Home Services Average 130 franchises | $144K – $289K | $53K | 7.0% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 130 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
Franchisee Contacts
1 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
1 Contacts Available
Unlock all Renew Medic franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently 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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