Refresh Renovations Franchise

Refresh Renovations specializes in home improvement projects, focusing on kitchen, bathroom, and basement renovations. The franchise offers high-quality services, from simple updates to complete transformations for homeowners.

Refresh Renovations
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Explore This Opportunity
Industry
Home & Building Services
Total U.S. locations
7
Year of founding
2018
Category
Other
Corporate HQ
Pensacola, Florida
Year started offering franchises
2019

Key Insights

  • Refresh Renovations began with a vision to simplify the renovation process by providing homeowners with a streamlined, professional, and reliable service. This approach has been refined over time to create a consistent and efficient operational model for franchisees.
  • The franchise operates by connecting homeowners with a network of experienced renovation professionals and project managers. This system ensures a project is handled from initial design and planning through to final completion, managing all aspects of the build.
  • Refresh Renovations is part of the home improvement and building services sector, an industry characterized by ongoing demand driven by property ownership and the desire for updated living spaces. The business addresses this market need.
Refresh Renovations

Franchise Fee and Costs to Open

Franchise Fee
$50,000 - $50,000
Minimum Cash Required
$
20000
Investment Range
$83,092 - $118,942

Exploring the financial picture of Refresh Renovations gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $83,092 - $118,942, along with a franchise fee of $50,000 - $50,000.

Financial Performance and Revenue

Yearly Gross Sales

$
607004
Owner Operator Estimated Earnings
$84,981 - $109,261
Franchise Playback Period

1.5-3.5 years

Yearly gross sales of $607,004 and estimated earnings of $84,981 - $109,261 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 1.5-3.5 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.

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Training and Resources

Refresh Renovations provides comprehensive initial training. This program, lasting two weeks, is conducted at Refresh Renovations' head office. The franchisor offers a robust operational manual and access to marketing materials. They also provide ongoing support and resources designed to assist new franchisees in establishing their businesses.

Legal Considerations

Legal considerations for a Refresh Renovations franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.

Challenges and Risks

Navigating a diverse local market with established competitors requires strategic positioning. Managing the operational complexity of coordinating multiple trades and ensuring consistent project delivery presents an ongoing consideration. Furthermore, reliance on specific supply chains for materials introduces potential variables impacting project timelines and costs.

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Franchise Datasheet

Refresh Renovations
Other
Home & Building Services

FAQs

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