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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
7% royalty + 2% ad fund + $1,652/mo technology fee
Franchise Stats
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 to Other Home Services Franchises
Key Insights
- Higher investment than 98% of Home Services franchises
| Franchise | Investment Range | Franchise 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 129 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 129 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
Unlock Franchisee Contact Database
1 franchisee contacts on file. Upgrade to see names, locations, phone numbers, and matched SBA loan data.
Upgrade to Pro$199/year · Cancel anytime
Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Renew Medic franchise?
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.
How much revenue does a Renew Medic franchise make?
According to the 2025 FDD, the average gross revenue for a Renew Medic franchise is $1,886,282.5. The median revenue is $845,470.5.
How much profit can you make with a Renew Medic franchise?
Based on the financial performance data in the FDD, estimated profit for a Renew Medic franchise ranges from $1,016,305 to $1,016,305 per year. Actual results vary based on location, management, and market conditions.
How many Renew Medic franchise locations are there?
As of the 2025 FDD, Renew Medic has 4 franchise locations. The company has been franchising since 2024.
Is Renew Medic a good franchise to buy?
Renew Medic shows several positive indicators: transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Renew Medic?
Talk to a franchise advisor to get personalized guidance and learn if Renew Medic is the right fit for you.
Talk to an Advisor