- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$86K - $178K
- Units as of 2019
-
2 100.0% over 3 years
Company Overview
About RenuKrete
Industry | Home Improvement |
---|---|
Related Categories | Miscellaneous Home-Improvement Businesses,Building & Remodeling,Miscellaneous Maintenance Businesses |
Founded | 2015 |
Leadership | Alex Lorenz, Founder and CEO |
Corporate Address | 991 US 22 West, #200 Bridgewater, NJ 08807 |
Social |
Business Overview
Franchising Since | 2018(5 years) |
---|---|
Where seeking | 本公司是关闭的ering new franchisees in the following US states: |
# of Units | 2(as of 2019) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a RenuKrete franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee |
$25,000 - $40,000 |
---|---|
Initial Investment |
$85,650 - $177,650 |
Royalty Fee |
7.5% |
Ad Royalty Fee |
2.5% |
Term of Agreement |
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
In-House Financing | RenuKrete offers in-house financing to cover the following: franchise fee |
---|---|
Third Party Financing | RenuKrete has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 112 hours |
---|---|
Classroom Training | 52 hours |
Ongoing Support |
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
National Media
Regional Advertising
Social Media
SEO
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit? |
No |
Can this franchise be run part time? |
No |
#运行所需的员工 | 4 |
Are exclusive territories available? |
Yes |
Interested in ownership opportunities like RenuKrete? Request a free consultation with a Franchise Advisor now.
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