Renew Medic Franchise — Costs & How to Buy
Yes, we are the first and only cabinet restoration franchise in the disaster restoration industry.
- Initial investment
- —
- Franchise fee
- —
- Royalty
- —
- Units open
- —
- Liquid capital
- $150 – $250
- Founded
- 2024
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Overview
Renew Medic is a pioneering specialty cabinet restoration company, established in 2024, that emerged from the legacy of Furniture Medic®. They specialize in restoring water and fire-damaged cabinets, offering a cost-effective and environmentally friendly alternative to full cabinet replacement. Renew Medic caters primarily to the disaster restoration industry, serving insurance carriers, claims adjusters, and mitigation professionals as their go-to partner for cabinet renewal.
Key differentiators
["First and only cabinet restoration franchise in the disaster restoration industry, specializing in a niche that reduces claim costs and cycle times significantly.","Pioneered efficient cabinet repair processes that minimize competition and offer a high-value service to insurance carriers by decreasing claim severity and temporary housing costs.","Offers diversified revenue streams, including recession-resistant insurance claims and B2C cabinet transformation services, reducing dependence on a single market segment.","Leverages a proven business model and industry-leading restoration technology for precise management and control.","Provides a work-life balance benefit with typically limited work on nights and weekends, unlike many other restoration services."]
Training & support
Renew Medic equips its franchisees for success with comprehensive training, proven sales and marketing systems, and the guidance of a leadership team with decades of franchising experience. They also assist franchisees in developing long-term business, marketing, and sales plans and systems.
Ideal candidate
Renew Medic's primary target market includes insurance carriers, claims adjusters, and mitigation professionals who require efficient and cost-effective solutions for water and fire-damaged cabinetry. This market values reduced claim costs, shorter claim cycle times, and minimization of temporary housing expenses. Their secondary target market is B2C customers looking for cabinet transformation services, appealing to homeowners seeking to update or restore their cabinetry.
Available territories
Large territories are available as the brand has just launched. Franchisees choose their territory as part of the onboarding process.
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Renew Medic franchise — frequently asked questions
How much does it cost to open a Renew Medic franchise?+
Total initial investment for a Renew Medic franchise typically ranges from $0 to $0, including the franchise fee, build-out, equipment, initial inventory, and working capital for the first three months of operations.
What ongoing fees does Renew Medic charge?+
Franchisees pay an ongoing royalty calculated as a percentage of gross revenue, plus a brand development fund contribution. Specific percentages and minimums are disclosed in Item 6 of the Franchise Disclosure Document.
Do I need industry experience to own a Renew Medic franchise?+
No prior industry experience is required. Renew Medic provides initial training, an operations manual, and ongoing field support. Successful candidates typically bring management experience, leadership skills, and a willingness to follow the system.
How long does it take to open a Renew Medic location?+
From signed franchise agreement to grand opening, most Renew Medic franchisees open within 6 to 12 months. Timeline depends on real estate selection, permitting, build-out, and training completion.
Is financing available for Renew Medic franchisees?+
Renew Medic is registered with the SBA Franchise Directory, which streamlines SBA 7(a) loan approval. Most franchisees finance 60–80% of the initial investment through a combination of SBA loans, equipment financing, and personal capital.