Fibrenew Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Fibrenew is a mobile franchise that repairs and restores leather, vinyl, and plastic surfaces, furniture, auto interiors, and more. Franchisees run a van-based, owner-operated service handling on-site repairs for consumer and business clients.
FranchiseVerdict summary · 2026
A FIBRENEW franchise requires a total initial investment of $102K – $122K, including a $47K franchise fee. The 2026 FDD does not disclose unit-level revenue (no Item 19). SBA 7(a) loans show a 22.2% charge-off rate across 54 loans[1]. FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2026 FDD issuance
Overview
- Investment
- $102K – $122K
- 37th pct Cleaning & Ma…
- Avg gross sales
- N/A
- Royalty
- N/A
- Units
- 237
- 74th pct Cleaning & Ma…
- SBA charge-off
- 22.2%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Cleaning & Maintenance · color = vs category peers
Green = favorable by >10% vs Cleaning & Maintenance avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $102K – $122K including a $47K franchise fee.
- RETURNSFY ended September 30, 2024 (audited). Total operating revenue comprises technical assistance fees, initial franchise fees, start-up fees, product sales, and other revenue. Statements in U.S. dollars for Fibrenew U.S.A. Ltd.
- RISKVerdict B (Above average), verdict score 56/100 (higher is better). SBA loan charge-off rate of 22.2% across 54 loans (well above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- DATANo Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Fibrenew USA Ltd.
- Parent company
- Fibrenew International Ltd.
- Predecessor
- Fibrenew International Ltd.
- Prior franchisor entity
- CEO title
- CEO
- Michael Patrick Wilson
- Incorporated in
- Alberta, Canada
- HQ
- 101 & 105, 220 - 3rd Street N.E., Diamond Valley, Alberta T0L 0H0 Canada
- Auditor
- Kezos & Dunlavy
- Audited financials
- Franchisor revenue
- $5.2M
- vs $5.2M prior year
Overview
About
- CEO
- Michael Patrick Wilson
- Headquarters
- Alberta, Canada
- Founded
- 2005
- FDD year
- 2026
- States available
- 47
Can you afford it, and what does the money buy?
Entry cost runs 64% below the typical cleaning & maintenance franchise.
Source: FDD 2026 · Items 5–7
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $47K | $47K |
| Working capital (3–6 mo) | $2K | $3K |
| Equipment, build-out, other | $54K | $73K |
| Total initial investment | $102K | $122K |
Source: FIBRENEW 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $102K – $122K
- Top 40% of category vs category
- Liquid capital req'd
- $2K – $3K
- Top 40% of category vs category
- Franchise fee
- $47K – $47K
- Middle of category vs category
- Royalty
- Monthly Technical Assistance Fee of $795/month for new fr…
- Ad fund
- -n/d
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Technology fee | $795 |
| Transfer fee | $32K |
| Renewal fee | $500 |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
FIBRENEW did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one FIBRENEW unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
66%
Above the 30–60% band. Verify revenue is per-unit average
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2026 FDD
Financial Performance
FY ended September 30, 2024 (audited). Total operating revenue comprises technical assistance fees, initial franchise fees, start-up fees, product sales, and other revenue. Statements in U.S. dollars for Fibrenew U.S.A. Ltd.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Operator retention
System roughly stable (+0.9% 3-year CAGR) with 237 units.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Cleaning & Maintenance averages
How Fibrenew Compares
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 237
- Opened
- 27
- Last reporting year
- Closed
- 16
- Turnover rate
- 6.8%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- +0.9%
- Net unit change over 3 years
- 3-yr CAGR
- +0.9%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 27
- Closed (3yr)
- 8
- Terminated (3yr)
- 1
- Non-renewed (3yr)
- 7
- Transfers (3yr)
- 10
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 15 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 54
- Loan volume
- $6.5M
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- 22.2%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 77.8%
- 5-yr charge-off
- 40.0%
- Loans approved 2021+
- Active lenders
- 16
- Defaults
- 4
- Typical loan rate
- 8.1%
- avg rate to borrowers
- Franchised industry avg
- 17.2%
- brand above franchise avg ↑
- Jobs supported
- 144
- 2.4 per loan
- Lender concentration
- 55%
- top lender's share
Borrower mix: 92% went to startups / new businesses, 8% to established operators
Franchise vs independent — in automotive body, paint, and interior repair and , franchised businesses charge off at 17.2% vs 13.5% for independents — franchising is associated with 27% higher SBA default risk in this category.
Vintage analysis
Fibrenew charge-off rate by loan vintage
Top lenders financing Fibrenew franchisees
Showing 3 of 16 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Fibrenew's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 15 states
- Startup risk premium and job creation velocity
- 12-year lending trend
Instant access. No subscription.
A 22.2% charge-off rate means roughly 1 in 5 franchisees failed to repay their SBA loan. Investigate what changed.
What could kill this investment?
SBA loans charge off at 22.2% — 39% above the 16.0% national norm, i.e. higher lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Fibrenew presents meaningful caution-level risk due to undisclosed financials, slow growth trajectory, potential franchisor financial instability, and a capital-heavy fee structure relative to a small franchise network.
Litigation (Item 3)
No litigation required to be disclosed in Item 3.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Kezos & Dunlavy
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
Score breakdown · what drove the 56 / 100 verdict
- 01MEDNo Item 19 (Average Revenue/Net Income) disclosed — impossible to assess ROI or payback period on $102k-$122k investment
- 02MEDAnemic unit growth of 4.9% YoY suggests market saturation or franchisee struggles; 237 units is small system with limited brand recognition
- 03MINORHigh franchise fee ($47,000) relative to total investment (46%) creates significant upfront cost with no guaranteed revenue transparency
- 04HIGHGoing Concern status is False — indicates potential financial distress at franchisor level, raising questions about support and longevity
- 05MEDFixed monthly royalty of $795 regardless of revenue creates cash flow risk during slow months; no incentive structure disclosed
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Territory type | exclusive |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Territory population | 300,000 |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 1 year |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Calgary, Alberta, Canada |
| Jury trial waiver | Yes |
| Governing law | Alberta, Canada |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed in Item 3.
Items 10, 11
Training & Operations
- Classroom training
- 70 hrs
- On-the-job training
- 0 hrs
- Training location
- Calgary, Alberta or online
- Ongoing training
- Required
- Franchisor financing
- Not offered
- Item 10
- POS system
- Proprietary software
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Proprietary software
Item 20 · call current owners
Franchisee Contacts
26 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
FIBRENEW · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a FIBRENEW franchise?
The total investment to open a FIBRENEW franchise ranges from $102K – $122K, with an initial franchise fee of $47K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do FIBRENEW franchise owners earn?
FIBRENEW does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the FIBRENEW FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the FIBRENEW FDD and qualifies whose outlets they describe.
What is FIBRENEW's franchise failure rate?
Based on SBA 7(a) loan data, FIBRENEW has a charge-off rate of 22.2% across 54 loans, meaning 22.2% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many FIBRENEW franchise locations are there?
As of their most recent FDD filing, FIBRENEW has 237 total units in the United States, including 237 franchised units and 0 company-owned units. 27 new units were opened in the latest reporting year.
Is FIBRENEW a good franchise to buy?
FranchiseVerdict rates FIBRENEW as a B-grade franchise with a verdict score of 56 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.