Renew Medic franchise: cost, fees and total investment
Short answer: The Renew Medic franchise fee is $100,000 and the total initial investment ranges from $177,500 to $320,000, with about $45,000 in liquid cash required, based on franchise disclosure data compiled in October 2026. Confirm current figures in Items 5 and 7 of the Renew Medic FDD.
What are the Renew Medic franchise fees and investment?
The Renew Medic franchise requires a franchise fee of $100,000 and a total initial investment of $177,500 to $320,000. The franchise fee is one line inside the total investment, which also covers location, equipment, opening inventory and working capital.
| Franchise fee (FDD Item 5) | $100,000 |
|---|---|
| Total initial investment (FDD Item 7) | $177,500 to $320,000 |
| Minimum liquid cash | $45,000 |
| US locations | 8 |
| Industry | Home Services (Maintenance, Repair, & Restoration) |
| Headquarters | Cordova, Tennessee |
| Founded | 2023 |
| Franchising since | 2024 |
How does the Renew Medic investment compare with other home services franchises?
Renew Medic's minimum investment of $177,500 is above the median minimum investment of $112,373 across the 516 home services franchises in the SelectFranchiseList database. 105 of the other 515 brands in this industry start at a higher investment. Its franchise fee starting at $100,000 compares with an industry median of $45,000.
By minimum investment, Renew Medic belongs with franchises from $100,000 to $250,000.
What should you verify in the Renew Medic FDD?
Verify six parts of the Renew Medic Franchise Disclosure Document before you sign, because figures change with every annual FDD:
- Item 5 and Item 6: the current franchise fee, royalty, marketing fund and technology fees.
- Item 7: the full investment range by expense line, including working capital.
- Item 19: whether Renew Medic discloses financial performance data, and which units it covers.
- Item 20: openings, closures and transfers, plus contacts for current and former franchisees.
- Item 21: the franchisor's audited financial statements.
- Item 12: whether your territory is protected.
The full list of Items is in the FDD guide. You must receive the FDD at least 14 calendar days before you sign a binding agreement or pay any money.
Which franchises are similar to Renew Medic?
These home services franchises have the closest minimum investment to Renew Medic:
| Franchise | Franchise fee | Total investment |
|---|---|---|
| Blingle | $59,500 | $177,395 to $243,495 |
| The Tailored Closet | $19,950 | $177,130 to $270,650 |
| Next Day Access | $23,000 | $176,225 to $352,050 |
| Outdoor Lighting Perspectives | $59,500 | $179,000 to $222,200 |
| The Way inc | $50,000 | $174,851 to $809,817 |
See every brand in home services franchises.
Frequently asked questions
How much does a Renew Medic franchise cost?
The total initial investment for a Renew Medic franchise ranges from $177,500 to $320,000, including a franchise fee of $100,000, according to franchise disclosure data compiled in October 2026. The exact amount depends on location, build-out and working capital, as shown in Item 7 of the FDD.
How much cash do you need to open a Renew Medic franchise?
Renew Medic lists a minimum of about $45,000 in liquid cash. Lenders usually finance part of the remaining investment, and the franchisor confirms its capital requirements during qualification.
How many Renew Medic locations are there?
Renew Medic reported 8 US locations in the data compiled in October 2026. Item 20 of the FDD shows openings, closures and transfers for the last three years.
How long has Renew Medic been franchising?
Renew Medic started offering franchises in 2024 after the company was founded in 2023.
Figures are compiled from franchise disclosure data and public franchise listings as of October 2026 and may have changed. Renew Medic and its trademarks belong to their owner; SelectFranchiseList is not affiliated with or endorsed by Renew Medic. This page is not an offer to sell a franchise. Only the franchisor's current FDD is authoritative.