Door Renew Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$62,500 to $185,000
Investment required
$218,000 - $419,000
Door Renew: Revolutionizing Door Restoration with Eco-Friendly Solutions
Door Renew is a franchise specializing in door restoration and refinishing services. Founded in 2009, the company originated in Greenville, South Carolina. It is headquartered in the same city and has been expanding its franchise network since 2012.
The franchise offers a unique service in the home improvement sector by focusing on the restoration of existing doors rather than replacement, which provides a cost-effective and eco-friendly alternative for homeowners.
Door Renew’s primary service involves revitalizing and renewing residential and commercial doors, including entry doors, interior doors, and cabinets. The franchise utilizes specialized techniques and products that enhance the appearance and extend the life of doors, setting it apart from competitors who may focus more on full replacements or general painting services.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
| Type of Expenditure |
Amount |
| Initial Franchise Fee |
$62,500 to $165,000 |
| Leasehold Improvements |
$5,000 to $15,000 |
| Real Estate/Rent (Three Month) |
$7,500 to $15,000 |
| Utility Deposits |
$1,000 to $1,500 |
| Furniture, Fixtures & Equipment |
$10,000 to $25,000 |
| Vehicle and Upfit (three months) |
$14,000 to $35,000 |
| Insurance (three months of premiums) |
$8,000 to $10,000 |
| Signage |
$500 to $1,000 |
| Equipment, Supplies, and Initial Inventory |
$35,500 to $45,000 |
| Pre-Opening Expenses |
$500 to $2,000 |
| Computer Equipment (Hardware, Software, POS System, etc.) |
$2,000 to $3,000 |
| Training |
$2,000 to $4,000 |
| Licenses & Permits |
$200 to $700 |
| Legal & Accounting |
$1,000 to $2,000 |
| Website, SEO and Social Media Platform Fee, Grand Opening Advertising, and Initial and Ongoing Local Digital Marketing Fee (first three months) |
$18,000 to $20,000 |
| Additional Funds – three months |
$50,000 to $75,000 |
| Total |
$217,700 to $419,200 |
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Franchise Disclosure Document
Training
Door Renew Franchise offers comprehensive training designed to ensure that franchisees are well-prepared to deliver their specialized door restoration services. The training program includes:
- Initial Training: New franchisees undergo a thorough initial training course, which covers all aspects of the business, including door restoration techniques, customer service, and the operational aspects of running a franchise. This includes hands-on training with the tools and products used in the restoration process.
- Operational Training: Franchisees receive detailed instructions on the day-to-day operations of the business, including how to manage appointments, handle customer inquiries, and maintain equipment. This training helps ensure that franchisees can run their businesses smoothly and efficiently from the start.
- Ongoing Support: Door Renew provides ongoing support to franchisees through regular updates, refresher courses, and access to a dedicated support team. This ensures that franchisees stay current with any new techniques or products and can continually improve their service offerings.
- Marketing and Sales Training: Franchisees are trained in marketing strategies and sales techniques specific to the door restoration industry. This training helps them effectively promote their services and attract new customers.
Territory Protection
Door Renew Franchise offers territory protection to its franchisees. This means that each franchisee is granted an exclusive territory where no other Door Renew franchises can operate, ensuring they have a dedicated market area to serve.
This territory protection helps franchisees reduce competition and build a strong customer base within their designated region, contributing to the overall success and stability of their business.
