RENUE

Item 7 in the 2026 FDD outlines an initial investment of $182,350 to $226,200, led by a hefty $74,500 franchise fee—elevated for cleaning services where category norms hover around $30K-$50K. Ongoing fees include a 10% royalty with escalating minimums ($1,000/month in year 2, rising to $2,500 by year 4+), plus a 0.5% ad fund (capped at 1%). Item 19 reveals average gross revenues of $657,806 but a median of just $399,829 across existing units, indicating a few high-flyers skew the average—top units likely capitalize on hotel contracts in underserved markets, while others struggle to scale.

System health shows 24 locations in 2024 expanding to 25 in 2025 (+4% growth), with only 3 projected new units and 1 transfer, reflecting steady but slow momentum in a fragmented category. Twelve SBA loans average $172,658, but a 16.7% default rate exceeds typical franchise benchmarks (often under 10%), suggesting higher failure risk possibly tied to the niche's sales cycle or competition from in-house services. For investors eyeing $400K+ median sales potential, Renue suits those with B2B sales chops in hospitality, but the high fees and default flags demand scrutinizing local hotel density before committing.