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Renew Crew

2014 Franchise 500
#383
At a Glance

Products & Services: Environmentally friendly exterior surface cleaning and protection

Number of Locations: 33

Total Investment: $44.3K - $69.6K

Founded: 1993

Began Franchising: 2001

About Renew Crew

As a partner in a fence installation business, Stan Krempges realized his customers needed a way to clean and protect their fences, decks and outdoor structures. So in 1993, he developed an environmentally-safe cleaner to remove dirt, mold and mildew from exterior wooden surfaces. Then he worked with coating chemists to develop an eco-friendly wood sealant to protect against moisture, dirt and sun damage. Krempges named his company Wood Re New and began franchising. In 2011, Wood Re New joined Outdoor Living Brands, which also franchises Archadeck, Outdoor Lighting Perspectives and Mosquito Squad. In 2012, the company began offer cleaning and protection services for non-wood outdoor surfaces, including siding, gutters, patios, driveways and sidewalks, and consequently, the franchise name was changed to Renew Crew.

Franchise Units

Year U.S. Canadian International Company Owned
2014 33 0 0 0
2013 30 0 0 0
2012 28 0 0 0
2011 20 0 0 0
2010 21 0 0 0
Where Seeking Franchisees: Franchisor is seeking new units internationally.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $44,300 - $69,625
Franchise Fee: $10,000 - $19,500
Ongoing Royalty Fee: $600-1.8K/mo.
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: $2,500 off franchise fee
Financial Requirements
Net Worth: $75,000
Liquid Cash Available: $40,000
Operations
Franchise can be run from home. 14% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 1 week. Ongoing training as needed
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations

Franchise Ranking History

Franchise 500®: #383 (2014),

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