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Franchise 500 2023
2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$78K - $96K
Units as of 2023
58 arrow up 5,700.0% over 3 years

Company Overview

About Renovation Sells

Industry Home Improvement
Related Categories Miscellaneous Home-Improvement Businesses, Kitchen & Bath Remodeling, Building & Remodeling
Founded 2018
Parent Company Renovation Sells Franchising LLC
Leadership Michael Valente, Founder & CEO
Corporate Address 2370 Elston Ave.
Chicago, IL 60614
Social Facebook, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since 2020 (2023-2020 years)
# of employees at HQ 8
Where seeking

This company is offering new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming

# of Units 58 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Renovation Sells 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 Information Circle
$50,000
Initial Investment Information Circle
$77,805 - $95,824
Net Worth Requirement Information Circle
$350,000
Cash Requirement Information Circle
$50,000
Veteran Incentives Information Circle
5% off franchise fee
Royalty Fee Information Circle
7%
Ad Royalty Fee Information Circle
1%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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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 Renovation Sells has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs

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 44 hours
Classroom Training 29 hours
Ongoing Support
Newsletter
Grand Opening
Field Operations
Marketing Support
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
No
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Franchise 500 Ranking History

Compare where Renovation Sells landed on this year's Franchise 500 Ranking versus previous years.

Additional Rankings

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The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022