Details
Overview
Door Renew is a franchise that specializes in door restoration services, including refinishing and repair. The franchise model offers a home-based business opportunity with a focus on restoring doors to their original beauty, catering to both residential and commercial clients.
History
Door Renew was established to provide an affordable and eco-friendly alternative to door replacement. The company focuses on using quality craftsmanship and materials to extend the life of existing doors, helping to reduce waste and costs for homeowners and businesses.
Investment Breakdown
Investing in a Door Renew franchise typically involves the following costs:
- Initial Franchise Fee: Around $35,000
- Total Initial Investment: Ranges from $70,000 to $100,000, depending on the location and specific circumstances.
- Royalty Fees: An ongoing fee of 6% of gross sales.
- Marketing Fees: Franchisees contribute 2% of their gross sales to a national marketing fund. These fees cover training, access to proprietary systems, marketing support, and ongoing operational support from the franchisor.
Industry Snapshot
The home improvement and restoration industry has seen consistent growth, driven by increasing homeowner investments in maintaining and enhancing their properties. The door restoration niche is part of a broader trend toward sustainable and cost-effective home solutions, offering a viable market for services that enhance property value without the expense of full replacements.
Brand Information
| Cost | $62,500 |
| Investment | $106,900 - $266,500 |
| Royalty Fee | 6% |
| Brand Fund Fee | 1% |
| Founded | 2014 |
| Franchising Since | 2014 |
| Locations | 8 |
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