New Creations Franchise FDD, Profits & Costs (2025)
New Creations Mobile Restorations Inc., founded in 1988 by Larry Stevenson in Portland, Oregon, is a specialized company offering mobile restoration services for a wide array of surfaces and minor structural damages.
The company has expanded its operations across North America, with its headquarters now located in Port Coquitlam, British Columbia. In 1995, New Creations began franchising, providing entrepreneurs with the opportunity to offer its innovative restoration services.
The company specializes in restoring over 100 different types of surfaces, including wood, vinyl, leather, tile, granite, marble, quartz, ceramic, metal, fiberglass, stone, fabrics, carpet, and linoleum. These services cater to various sectors, such as automotive, residential, commercial, and personal belongings.
New Creations differentiates itself from competitors by offering a mobile, home-based business model with low overhead costs, allowing franchisees to operate efficiently and flexibly.
Initial Investment
How much does it cost to start a New Creations franchise? It costs on average between $92,000 – $308,000 to start a New Creations franchised center.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the type of restoration services offered, the location, and whether the franchisee chooses to operate from a home-based setup or lease a commercial space.
Type of Expenditure | Amount |
---|---|
Initial Franchise Fee | $57,000 – $173,850 |
Start-up Kit | $23,000 |
Computer Hardware and Software and Cell Phone | $300 – $2,000 |
Vehicles & Graphics Lease/Purchase Deposit | $5,000 – $50,000 |
Vehicle wrap or decal graphics | $1,500 – $5,500 |
Real Estate/Rent | $0 – $9,000 |
Training Expenses | $600 – $6,200 |
Insurance | $500 – $5,000 |
Equipment, Supplies, Inventory and Signs | $0 – $1,000 |
Jobber Invoicing System – 6 Months | $870 – $2,540 |
Technology Fee – 6 Months | $0 – $534 |
Licenses and Permits | $20 – $1,000 |
Professional Fees | $500 – $3,000 |
Additional Funds – 6 Months | $3,000 – $25,000 |
TOTAL | $92,290 – $307,624 |
Competitors
Below are a few New Creations competitors as a comparison:
New Creations Franchise Disclosure Document
Frequently Asked Questions
How many New Creations locations are there?
As of the latest data, New Creations has over 60 franchise locations across North America. There is no information available regarding the number of company-owned locations.
What is the total investment required to open a New Creations franchise?
The total investment required to open a New Creations franchise ranges from $92,000 to $308,000.
What are the ongoing fees for a New Creations franchise?
New Creations franchisees are required to pay a royalty fee set at 8% of gross sales. In addition, franchisees are required to contribute to a marketing fee, which is generally around 2% of gross sales. These fees help support the franchisor’s efforts in maintaining brand awareness, advertising, and providing ongoing support to franchisees.
What are the financial requirements to become a New Creations franchisee?
To become a New Creations franchisee, the minimum net worth required is $300,000, and franchisees must have at least $100,000 in liquid capital. These financial requirements ensure that franchisees have the necessary resources to cover the initial investment, ongoing operational costs, and maintain the business’s financial stability.
Who owns New Creations?
New Creations franchise is owned by New Creations Mobile Restorations Inc., which is a privately held company.
Disclaimer
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