- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$129K - $190K
- Units as of 2020
-
66 112.9% over 3 years
Refresh Renovations was founded in 2009 and operates in the United States, United Kingdom, Australia, and New Zealand. The company may be known for its home renovations and commitment to offering affordable and low-stress systems and processes.
The main idea of Refresh Renovations came from the wish to offer homeowners an efficient solution to their home renovations. Refresh Renovations’ specialists may take care of all the steps of the renovation process, which includes council consents, design, scheduling, costings, decorating, and construction.
Refresh Renovations may provide customers with trained professionals and experts in the renovation industry. Services offered include design and planning home-wide, kitchen and bathroom renovations, roof extensions, home office creation, additions and extensions, garage conversions, indoor-outdoor flow, loft room conversions, outdoor renovations, sunroom additions, heating, and air conditioning.
Refresh Renovations began franchising in 2010 and has expanded into the international market, while also having several locations in the United States.
Why You May Want To Start a Refresh Renovations Franchise
To open a Refresh Renovations franchise, a franchisee may not need any experience in the residential renovation field. Franchisees can hire workers to complete the renovations while operating the business from a managerial aspect.
If awarded a franchise, franchisees may receive a great deal of support from the Refresh Renovations brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, research, and construction. They also receive hands-on training and continued support after their franchise location has opened.
What Might Make a Refresh Renovations Franchise a Good Choice?
Refresh Renovation franchisees may have market potential, strong customer service offered by the Refresh Renovations corporate team, a custom-designed cloud-based IT system, and powerful marketing and branding.
Opening a Refresh Renovations franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.
To be part of the Refresh Renovations team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
How To Open a Refresh Renovations Franchise
Before making any financial commitment or signing an agreement with the Refresh Renovations franchise, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Refresh Renovations franchising team questions.
As you decide if opening a Refresh Renovations franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Refresh Renovations franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Company Overview
About Refresh Renovations
Related Categories | Home Improvement, Building & Remodeling |
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Founded | 2009 |
Parent Company | Renovation Franchise North America LLC |
Leadership | Paul English, CEO |
Corporate Address |
415 S. Florida Blanca St. Pensacola, FL 32502 |
Social |
Business Overview
Franchising Since | 2010 (14 years) |
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# of employees at HQ | 3 |
Where seeking |
This company is offering new franchises in the following US states: This company is offering new franchises in the following international regions: |
# of Units | 66 (as of 2020) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Refresh Renovations 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
|
$100,000 |
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Initial Investment
|
$128,927 - $189,977 |
Net Worth Requirement
|
$250,000 |
Cash Requirement
|
$100,000 |
Veteran Incentives
|
5% off franchise fee |
Royalty Fee
|
6% |
Ad Royalty Fee
|
1% |
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.
Third Party Financing | Refresh Renovations has relationships with third-party sources which offer financing to cover the following: franchise fee |
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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 | 14-29 hours |
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Classroom Training | 21-28 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
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Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
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No |
# of employees required to run | 1-2 |
Are exclusive territories available?
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No |
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