Fibrenew Franchise FDD, Profits & Costs (2025)
Fibrenew is a mobile franchise specializing in the restoration and repair of leather, plastic, and vinyl. Established in 1985 in Canada, the company has become a dominant force in this niche, offering solutions that rejuvenate everything from leather furniture to automotive interiors.
Headquartered in Black Diamond, Alberta, Fibrenew began franchising in 1987, just two years after its founding.
What differentiates Fibrenew from competitors is its exclusive techniques and specialized products, enabling franchisees to achieve remarkable restoration results that some describe as a blend of science and artistry.
By restoring rather than replacing damaged items, the business provides a cost-effective alternative for customers while also promoting sustainability by minimizing waste.
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Initial Investment
How much does it cost to start a Fibrenew franchise? It costs on average between $101,000 – $122,000 to start a Fibrenew franchised facility.
This includes expenses for a mobile service setup, specialized equipment, initial inventory of proprietary restoration products, and early operational costs. The total investment varies based on factors such as territory size, local market conditions, and whether the franchisee opts for a single-unit operation or a multi-territory expansion.
| Type of Expenditure | Amount Range |
|---|---|
| Initial Fee | $47,000 – $47,000 |
| Start-Up Fee | $42,000 – $42,000 |
| Liability Insurance – 1 year | $800 – $2,355 |
| Vehicle Insurance – 1 year | $800 – $3,975 |
| Organizational Expenses | $250 – $5,150 |
| Training / Travel Expenses | $0 – $2,750 |
| Office & Miscellaneous Equipment | $495 – $750 |
| Work Vehicle with Fuel – 6 months | $2,400 – $5,560 |
| Vehicle Signs | $4,000 – $6,960 |
| Internet and Wireless Access – 6 months | $600 – $1,000 |
| Business Licenses / Permits | $50 – $550 |
| Office or Storage Area | Unable to estimate |
| Internet Marketing – 6 months | $1,200 – $1,200 |
| Additional Funds – 6 months | $1,000 – $2,575 |
| Total | $100,595 – $121,825 |
Competitors
Below are a few Fibrenew competitors as a comparison:
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Fibrenew Franchise Disclosure Document
Frequently Asked Questions
How many Fibrenew locations are there?
As of the latest available information, Fibrenew operates 226 franchise locations worldwide. The company does not have any company-owned locations; all are independently owned and operated by franchisees.
What is the total investment required to open a Fibrenew franchise?
The total investment required to open a Fibrenew franchise ranges from $101,000 to $122,000.
What are the ongoing fees for a Fibrenew franchise?
Fibrenew charges a flat monthly royalty fee of $795 in the U.S. and $790 or $860 in Canada, depending on the territory. Franchisees must also purchase at least $2,500 in proprietary products annually instead of paying a percentage-based marketing fee.
What are the financial requirements to become a Fibrenew franchisee?
To become a Fibrenew franchisee, candidates are typically required to have a minimum net worth of $100,000 and liquid capital ranging from $15,000 to $25,000.
Who owns Fibrenew?
Fibrenew is a privately owned company. Founded in 1985 by Tom Gallagher in Alberta, Canada, the company was later acquired by Michael and Fran Wilson in 1994.
Disclaimer
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