About Renew Medic Franchise
Renew Medic is a home services franchise specializing in restoration, repair, and rejuvenation services for cabinetry, wood paneling, and similar fixtures in residential and commercial properties.
The franchise fee is $100,000, positioning the brand as a premium service provider in the property maintenance and restoration market.
The Renew Medic concept offers a specialized service that addresses the wear and tear on wood surfaces throughout homes and commercial spaces, providing an alternative to costly full replacement.
Renew Medic Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $100,000 | One-time payment upon signing |
| Royalty Fee | N/A | Ongoing; paid monthly |
| Total Investment Range | $423,111 – $734,326 | Includes build-out, inventory, working capital |
The investment range of $423K–$734K reflects variability in build-out costs, store size, lease terms, and market.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Method of When Due To Whom Payment Low High Payment Is To Be Made Initial Franch | $100,000 | $100,000 |
| Lump Sum When you Us sign the Franchise Agreement Training-Related | $1,100 | $4,200 |
| transportation providers Initial Supplies, Products, | $153,000 | $250,000 |
| Computer and Tablet or | $1,200 | $2,500 |
| As arranged As incurred Us and Third-party vendors Internet Connection | $135 | $450 |
| As arranged As incurred Approved insurance carrier Service Vehicles | $2,000 | $8,000 |
| purchase choice option Service Vehicles Detail | $1,500 | $2,500 |
| Real Estate and | $50,000 | $150,000 |
| Lease, then Monthly Real Estate Consultation | $17,500 | $25,000 |
| Note | $5,000 | $15,000 |
| pre- | $75,000 | $150,000 |
| Method of When Due To Whom Payment Low High Payment Is To Be Made Initial Franch | $75,000 | $75,000 |
| Method of When Due To Whom Payment Low High Payment Is To Be Made sign the Franc | $1,100 | $4,200 |
| transportation providers Initial Supplies, Products, | $153,000 | $250,000 |
| Computer, Tablet or | $1,200 | $2,500 |
| As arranged As incurred Us and Third-party vendors Internet Connection | $45 | $150 |
| As arranged As incurred Approved insurance carrier Service Vehicles | $2,000 | $8,000 |
| purchase choice option Service Vehicles Detail | $1,500 | $2,500 |
| Real Estate and | $50,000 | $150,000 |
| Monthly Real Estate Consultation | $17,500 | $25,000 |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | No specific financing arrangements disclosed. |
Renew Medic Franchise Earnings — Item 19
Past financial performance does not guarantee future results. Individual results will vary.
Renew Medic Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Renew Medic System Growth
Renew Medic currently operates 0 franchised locations and 32 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Renew Medic Franchise — FAQ
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