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Detailed Metrics

Detailed Franchise metrics for Renew Crew Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Renew Crew below. “N/A” or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

U.S. Franchised Units

29

U.S. Corporate Units

4

Total Number of Units

33

Transfer Rate

Why is the System Transfer Rate important?

The System Transfer Rate represents all franchise unit transfers relative to the total number of franchise units. A lower transfer rate and lower overall transfers indicates a more robust and stable franchise system.

Rate (%) Number of Transfers (#)
2016 [0.0%] [0]
2017 17.39% 4
2018 [0.0%] [0]
2019 [0.0%] [0]
3-year 17.39% 4
Failure Rate

Why is the Failure Rate important?

The Failure Rate represents franchise unit terminations, non-renewals and franchises that ceased operations for other reasons in a given year relative to the total number of franchise units. A lower closure rate, overall terminations, and non-renewals indicate a more stable franchise system.

Rate (%) Number of Closures (Terminations, Non-Renewals, Ceased Operations) (#)
2016 19.23% 5
2017 13.04% 3
2018 3.45% 1
2019 34.78% 8
3-year 52.17% 12
Growth Rate

Why is the Growth Rate important?

The Growth Rate is the percentage change of total franchise units from one year to the next. A higher Growth Rate signifies an expanding franchise system.


Rate (%) Number of Openings (#)
2016 4.00% 6
2017 -11.54% 3
2018 26.09% 7
2019 -20.69% 2
3-year -3.85% 12
Industry Report Request

Download our guide to compare Renew Crew to the Cleaning and Maintenance industry.

Stability Rate

Why is the Stability Rate important?

The Stability Rate demonstrates how stable the franchise system was at the end of the year relative to total existing and new franchise units. A higher Stability Rate indicates a franchise system that is more likely to succeed as more franchise units remain in the system.

Rate (%) Number of Franchise Units at the End of the Year(#)
2016 83.87% 26
2017 79.31% 23
2018 96.67% 29
2019 74.19% 23
3-year 60.53% 23
Exit Rate

Why is the Exit Rate important?

The Exit Rate represents the percentage of closures and terminations that happened in a given year. A higher Exit Rate is a negative indicator and should be investigated further in order to understand if there are any potential issues with the system as a whole.

Rate (%) Number of Closures & Transfers (#)
2016 3.92% 5
2017 8.16% 4
2018 [0.0%] 1
2019 [0.0%] 8
3-year 2.61% 13
Detailed SBA Loan Data Request

Contact us today for a due diligence on all current and past SBA Loans issued to Renew Crew

As part of our due diligence process for franchises, we review the SBA loan success ratio. This is a fundamental indicator for measuring past success for a given franchise brand. We review SBA loan data for the past 30 years (including SBA loans paid in full and charged off). If you engage our services, we will vet Renew Crew for items that influence the business success should you decide to buy a Renew Crew franchise. The SBA loan success ratio is an important factor we consider along with other items included on our franchise search & due diligence page.

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