ReNew Refinishing vs Restoration 1 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of ReNew Refinishing vs Restoration 1 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
ReNew Refinishing Franchise
Restoration 1 Franchise
Investment N/A$84,500 - $193,125
Franchise Fee N/A$54,900 - $59,275
Royalty Fee -7%
Advertising Fee -1% - 2%
Year Founded 20062008
Year Franchised -2009
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
ReNew Refinishing Franchise
Restoration 1 Franchise
Experience --

Financing Options
 
ReNew Refinishing Franchise
Restoration 1 Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-Yes/Yes
Start-up Costs -/-Yes/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/-
Payroll -/--/-

Training & Support
 
ReNew Refinishing Franchise
Restoration 1 Franchise
Training -On-The-Job Training: 24 hours Classroom Training: 56 hours
Support -Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Ad Templates National Media Social media SEO Website development Loyalty program/app
Operations -Number of Employees Required to Run: 4

Expansion Plans
 
ReNew Refinishing Franchise
Restoration 1 Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About ReNew Refinishing

Commercial Tub/Tile/Kitchen Refinishing.

About Restoration 1

Starting any new business is a big decision. Choosing a path such as a water restoration franchise with Restoration1 can take a lot of stress and uncertainty from the process. With a solid and established strategy of success - Restoration1 can help you get our business up and running quickly and efficiently and help you turn a profit faster. Of course there isn't room for a water damage and restoration company in every block. For this reason we are only able to offer franchise opportunities to areas where we are not already served by other franchisees. Contact us today to find out if there are restoration franchise opportunities available in your area.

Veteran Incentives  $7,000 off franchise fee
"Entrepreneur
#167 in Franchise 500 for 2020.
#183 in Franchise 500 for 2021.