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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$86K - $178K
Units as of 2019
2 Increase 100.0% over 3 years

Company Overview

About RenuKrete

Industry Home Improvement
Related Categories Miscellaneous Home-Improvement Businesses, Building & Remodeling, Miscellaneous Maintenance Businesses
Founded 2015
Leadership Alex Lorenz, Founder and CEO
Corporate Address 991 US 22 West, #200
Bridgewater, NJ 08807
Social Facebook

Business Overview

Franchising Since 2018 (6 years)
Where seeking

This company is offering new franchises in the following US states:

# of Units 2 (as of 2019)

Information for Franchisees

Here's what you need to know if you're interested in opening a RenuKrete 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
$25,000 - $40,000
Initial Investment Information Circle
$85,650 - $177,650
Royalty Fee Information Circle
7.5%
Ad Royalty Fee Information Circle
2.5%
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.

In-House Financing RenuKrete offers in-house financing to cover the following: franchise fee
Third Party Financing RenuKrete has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll

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 112 hours
Classroom Training 52 hours
Ongoing Support
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
National Media
Regional Advertising
Social Media
SEO
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
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 4
Are exclusive territories available? Information Circle
Yes
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Disclaimer
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