Fibrenew vs CORE Group Restoration Franchise Comparison

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

Start-Up Costs and Fees
 
Fibrenew Franchise
CORE Group Restoration Franchise
Investment $87,812 - $99,452$76,000 - $371,150
Franchise Fee $47,000$30,000
Royalty Fee $695/mo.-
Advertising Fee --
Year Founded 19852019
Year Franchised 19872019
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Fibrenew Franchise
CORE Group Restoration Franchise
Experience Fibrenew franchisees come from all walks of life. The diversity of backgrounds and past careers is widely varied, including: Engineer, Sales Executive, Teacher, Stock Broker, Military, Chemist, Printing Industry, Insurance, Manufacturing, Rocket Scientist, Painting, Mechanic, Truck Driver, IT / Networking, Accounting, Golf Pro, Pilot, Much more...
Even with this diversity, there are a few criteria that franchise owners must meet:
- Can not be color blind
- Enjoys working with their hands
- Confidence with relationship & networking sales
- Physically fit as lifting furniture may be required
- Is trainable and coach-able		-

Financing Options
 
Fibrenew Franchise
CORE Group Restoration Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/Yes-/-
Payroll No/Yes-/-

Training & Support
 
Fibrenew Franchise
CORE Group Restoration Franchise
Training You will be trained at our Calgary, AB training center. The 2 week training session is conducted by seasoned technicians who have all owned and operated their own Fibrenew Franchise. All told, our instructors have over over 50 years of combined knowledge. The training center is set up to facilitate hands-on instruction and practice of the many techniques our technicians use in the field everyday, including: * repair techniques * color identification * material identification * business operations * marketing and sales * communications On-The-Job Training: 12 weeks Classroom Training: 80+ hours -
Support Fibrenew offers live training and meetings on a regular basis and requires all franchise owners to attend. Besides their educational value, these conventions, seminars and workshops offer everyone an opportunity to meet, network and share valuable business experiences. Our dedicated support staff provides our franchisees with expert field assistance, whether it be a question with a repair, color matching, products, business operations or administration. All support technicians are past or present franchisees who have 'walked a mile' as Fibrenew repair technicians and business owners. We are here to help by phone, live video feed, email and/or our online Technical Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform -
Marketing Ad Templates Social media SEO Website development Email marketing -
Operations Franchise can be run from home.

1% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 1

Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

-

Expansion Plans
 
Fibrenew Franchise
CORE Group Restoration Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Fibrenew

Our mission is to remain as the worldwide leader in leather, plastic and vinyl restoration and repair, while assisting our franchisees in achieving their personal and financial goals through owning and operating a thriving business.
Our vision is to provide our service, throughout the world with integrity, distinction, and enthusiasm.
Fibrenew continues to implement systems designed to improve every aspect of what we do, and how we do it. We are committed to providing advanced training, support and the opportunity of growth for every franchise owner.

Franchising Opportunities Available in USA, Canada, Australia, New Zealand & Mexico.

Veteran incentives: 10% off franchise fee



"Vet  ""   "Entrepreneur  

In Franchise Business Reviews Top 200.
#275 in Franchise 500 for 2020.
#350 in Franchise 500 for 2021.











About CORE Group Restoration

"CORE

CORE is a unique take on property damage restoration. Made up of the largest and most capable property restoration service providers,
CORE is redefining what it means to restore lives. CORE's business model is unlike anything else on the market today and offers elite contractors the ability to be a part of a premier service offering, align themselves with an organization that believes in operating with the highest standards of craftsmanship, quality and integrity, all without giving up their independence.

The total investment necessary to begin operation of a single CORE Group Restoration franchised business is between $76,000 and $371,150. This includes $50,000 to $93,150 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of two CORE Businesses under a Multi-Unit Franchise is between $127,000 and $742,300. This includes $75,000 to $186,300 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of ten CORE Businesses under a Multi-Unit Franchise is between $335,000 and $3,111,500. This includes $150,000 to $331,500 that must be paid to the franchisor or its affiliate(s).