Door Renew Franchise FDD, Profits, Costs & Fees (2024)
Door Renew is a specialized franchise offering professional door refinishing and restoration services. Founded in 2008, the company is headquartered in Cincinnati, Ohio. Door Renew began franchising in 2012, providing entrepreneurs with the opportunity to join a growing network dedicated to revitalizing residential and commercial doors.
The franchise focuses on restoring the beauty and functionality of existing doors, offering a cost-effective alternative to replacement. By employing skilled craftsmen and high-quality materials, Door Renew ensures that each project enhances the property’s curb appeal while preserving its original charm.
This commitment to quality and customer satisfaction sets Door Renew apart from competitors in the door restoration industry.
As of November 2024, Door Renew operates nearly 25 franchise locations across the United States, with a presence in states such as Colorado, Florida, Indiana, Kentucky, Louisiana, Massachusetts, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Utah, and Wisconsin.
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Initial Investment
How much does it cost to start a Door Renew franchise? It costs on average between $218,000 – $419,000 to start a Door Renew franchised store.
This includes costs such as leasehold improvements, equipment, initial inventory, and operating costs for the first few months. The exact amount depends on factors like the specific market area, local real estate costs, and the franchisee’s decisions regarding leasing or purchasing property.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $62,500 – $165,000 |
| Leasehold Improvements | $5,000 – $15,000 |
| Real Estate/Rent (Three Months) | $7,500 – $15,000 |
| Utility Deposits | $1,000 – $1,500 |
| Furniture, Fixtures & Equipment | $10,000 – $25,000 |
| Vehicle and Upfit (Three Months) | $14,000 – $35,000 |
| Insurance (Three Months of Premiums) | $8,000 – $10,000 |
| Signage | $500 – $1,000 |
| Equipment, Supplies, and Initial Inventory | $35,500 – $45,000 |
| Pre‐Opening Expenses | $500 – $2,000 |
| Computer Equipment (Hardware, Software, POS System, etc.) | $2,000 – $3,000 |
| Training | $2,000 – $4,000 |
| Licenses & Permits | $200 – $700 |
| Legal & Accounting | $1,000 – $2,000 |
| Website, SEO, and Social Media Platform Fee, Grand Opening Advertising and Initial and Ongoing Local Digital Marketing Fee (First Three Months) | $18,000 – $20,000 |
| Additional Funds – Three Months | $50,000 – $75,000 |
| Total | $217,700 – $419,200 |
Competitors
Below are 10 Door Renew competitors in comparison:
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Door Renew Franchise Disclosure Document
Frequently Asked Questions
How many Door Renew locations are there?
As of the latest data, Door Renew operates nearly 25 franchise locations across the United States. The company does not own any corporate locations; all are independently owned and operated by franchisees.
What is the total investment required to open a Door Renew franchise?
The total investment required to open a Door Renew franchise ranges from $218,000 to $419,000.
What are the ongoing fees for a Door Renew franchise?
Door Renew franchisees are required to pay a royalty fee of 6% of their weekly gross revenues. Additionally, there is a marketing fee of 1% of monthly sales, which contributes to the brand’s advertising and promotional activities. These fees are essential for maintaining consistent brand standards and supporting the overall growth and visibility of the Door Renew franchise network.
What are the financial requirements to become a Door Renew franchisee?
To become a Door Renew franchisee, you should have a minimum net worth of $400,000. The initial cash investment required ranges from $200,000 to $1,000,000, depending on the market size.These financial requirements ensure that franchisees possess the necessary resources to establish and sustain their Door Renew business effectively.
Who owns Door Renew?
Door Renew is a franchise-based company specializing in door refinishing and restoration services. Each location is independently owned and operated by individual franchisees. The corporate entity overseeing the franchise system is Door Renew, LLC, headquartered in Cincinnati, Ohio.
Disclaimer
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