Renew Crew Franchise Review
Renew Crew is graded based on our most recent FDD research!
Franchise Opportunity Info
Renew Crew offers certain cleaning, restoration and protection services for a wide variety of exterior surfaces in both residential and commercial markets.
What is the upfront investment required to own an Renew Crew franchise?
Renew Crew has a franchise fee of up to $65,000, with a total initial investment range of $102,600 to $143,000.
- Initial Franchise Fee: $65,000
- Total Investment: $102,600 to $143,000
- Working Capital: $22,500 to $40,000
- Royalty Fee: 6.0%
The initial purchase price of any franchise includes several fees. Check out this investment opportunity to better understand the specific costs required to own an Renew Crew, such as franchise fees, construction and costs, pre-opening, marketing, and technology fees.
Can you Afford a Renew Crew Franchise. Complete our Affordability Calculator to find out!
How much can I earn by owning a Renew Crew franchise?
As with any new investment opportunity, there needs to be a strong return on your investment and profit potential. The specific franchise owner's salary and the revenue from an Renew Crew business will depend on a variety of factors. One way to confirm the potential revenues or profits generated from a Renew Crew franchise investment is to analzye the franchisor's Item 19 within their FDD. This is called an earnings claim. This is not required within a franchisor's disclosure and approximately 68% of all franchise companies that we have reviewed will disclose financial performance data within Item 19 of their FDD. Some franchise companies may disclose limited information such as average gross revenues. This type of information is not always helpful to assess profits for you directly. So review average sales data with caution. As expected, typically earnings and owner's income are equitable to the overall size of the initial investment. The larger the initial investment, the larger return you could anticipate
For more details and franchise specific on the revenue of an Renew Crew franchise, unlock this franchise
How many franchise outlets does Renew Crew franchise own?
As of the 2021 Franchise Disclosure Document, there are 24 franchised Renew Crew locations in the USA.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Are there any Renew Crew franchise opportunities in my area?
Based on 2021 FDD data, Renew Crew has franchise locations in 10 states.
Based on our research this franchise opportunity is growing into new locations and might be available in your city.
One of our researchers will have detailed knowledge about this brand. Sign up to learn more and talk with our experts.
Last Reviewed: 2021
Sector: Commercial and Residential Services
Category: Construction and Remodeling
Renew Crew Franchise DATA
10 Years
10 Years
33
24
6.0%
2.0%
EXTRA INFORMATION
Does this franchise provide any initial training and opening assistance?
Yes, they have an initial training program of 80 hours. This includes 76 hours of classroom training, 4 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
| Online | 0 |
|---|---|
| On-the-Job | 4 |
| Classroom | 76 |
| Total | 80 |
Does this franchise provide Territory Protections?
Renew Crew offers territory protections. For an explanation of territorial rights, unlock this franchise for more details.
Do they have marketing and technology support in place?
Yes, Renew Crew offers comprehensive support for franchisees. Unlock this franchise to find out more.
How long ago did Renew Crew begin franchising?
They began franchising in 2012. The average Construction and Remodeling franchise began franchising in 2010.
Do they offer financing support?
No, but you can click here to fill out our affordability calculator and understand your financing options.
Unlock this opportunity for instant access to our research findings, including:
- Growth projections
- Turnover projections
- Financial details
- Initial and renewal terms
- Royalties and ongoing fees
- Important Franchise FAQs
- Our grade and free access to consult with a franchising expert
- What are the historical franchise owner earnings?
- Does this brand provide Veteran or First Responder discounts?
- Does this brand use public figures to promote their franchise?
- Does this brand disclose any bankruptcies?
- Are they affiliated with any other franchise opportunities or private equity investment groups?
- How many new locations have they sold in the last 5 years?
- How many franchised locations have closed in the last 5 years?
- How many new outlets have they sold in the last 5 years?
- How many franchised locations have terminated in the last 5 years?
- Does this brand operate any corporate or affiliate owned locations?
- What is their initial and renewal term lengths?
- How does the franchisor avoid litigation and lawsuits?
- How long has the franchisor been in business?
- Are they expanding internationally?
- How often are royalties and advertising fees paid to the franchisor?
- How are territories defined?
- What support can you expect to receive from the franchisor?
- Why has new franchise outlet growth been so high?
- What are the critical requirements for operating a successful franchised location in this brand?
- Are you required to work as an owner-operator or is this a passive investment opportunity?
- Does this brand offer multi-unit discounts for buying more than one outlet?