What does a Renew Medic Franchise Cost?
Renew Medic franchise fees for 2025:
Cash Investment: $170,000 - $200,000
Total Investment: $423,111 - $734,326
Minimum Net Worth: $750,000
Franchise Fee: $100,000
Royalty: 7
Ad: 2
Item 19: Yes
Average Number of Employees: 5
Visa Candidates: Yes
Passive Ownership: No
Home-Based: No
B2B: Yes
Master Franchise Opportunities: No
Veteran Discount: Yes
Is Renew Medic a Semi Absentee Franchise with a Passive Ownership Opportunity?
No. Renew Medic is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.
Is Renew Medic a Home Based franchise?
No. Renew Medic is not a home based franchise opportunity.
What Do Renew Medic Franchise Owners Make?
Click here to find out how much Renew Medic franchisees make. Renew Medic offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is Renew Medic a Master Franchise Opportunity?
No. Renew Medic is not a master franchise opportunity.
Does Renew Medic Offer a Veteran Discount?
Yes. Renew Medic franchise does offer a veteran discount.
Does Renew Medic Work with E2 Visa and EB-5 Visa Candidates?
Yes. Renew Medic franchise does work with E2 Visa and EB-5 Visa candidates.
Is Renew Medic Looking for Franchisees in Canada?
No. Renew Medic franchise is not looking for Canada franchisees.
Is Renew Medic Looking for International franchisees?
No. Renew Medic franchise is not looking for International franchisees.
Where can I see Renew Medic's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.