How Much Does a Renew Medic Franchise Cost?
Data from the 2025 Franchise Disclosure Document
Investment Summary
Total Investment
$423K – $734K
Franchise Fee
$100K
Royalty
7.0%
Ad Fund
2.0%
Cost Breakdown
Initial Franchise Fee
The initial franchise fee for Renew Medic is $100K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.
Total Investment Range
Opening a Renew Medic franchise requires a total investment of $423K – $734K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.
Working capital alone ranges from $75K to $150K.
Ongoing Costs
Beyond the initial investment, Renew Medic franchisees pay ongoing fees. The royalty fee is 7.0% of gross sales (Greater of percentage or monthly minimum). The advertising or brand fund contribution is 2.0% of gross sales. There is also a technology fee of $2K.
Net Worth & Liquid Capital Requirements
Renew Medic requires working capital of $75K – $150K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.
What Can You Earn?
Renew Medic does not disclose earnings data in Item 19 of its Franchise Disclosure Document. Not all franchisors choose to publish financial performance representations, though this is a data point many prospective franchisees consider important.
How Do Banks View Renew Medic?
SBA Loans Issued
3
Default Rate
N/A
The SBA (Small Business Administration) tracks loan performance for franchise brands. Renew Medic has 3 SBA-backed loans on record. A lower default rate generally indicates that lenders view the franchise as a safer investment, though past performance does not guarantee future results.
Next Steps
Talk to current Renew Medic franchise owners
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