Renew Medic is a home-services franchise offering cabinet and surface restoration for kitchens and interiors, serving homeowners and property managers seeking affordable refreshes, and known for efficient onsite processes, eco-minded repair over replacement, and roots in a proven Furniture-Medic system.
KEY FRANCHISE STATS
Franchisees
?
4
+
n.a.
n.a.
Franchise fee
?
$100,000
Investment
?
$398,000 - $734,000
Revenue (AUV)
?
Undisclosed
$845,000
+
n.a.
n.a.
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Renew Medic is a specialty cabinet restoration franchise focused on repairing and restoring cabinets after water, fire, and smoke damage. The franchise was founded in 2024 as a dedicated offshoot of Furniture Medic, bringing decades of restoration expertise into a more focused service model. Renew Medic is recognized as the first franchise in the U.S. built exclusively around cabinet restoration within the disaster mitigation industry.
Renew Medic is headquartered in Cordova, Tennessee, part of the greater Memphis area. The company began franchising in 2024, targeting an underserved niche within the property restoration market.
Its services are designed to support insurance carriers, claims adjusters, mitigation contractors, builders, and homeowners seeking faster and more cost-effective alternatives to cabinet replacement.
Renew Medic franchisees provide services such as emergency cabinet removal, cabinet drying and restoration, refinishing, refacing, custom cabinetry work, and precision color matching. These solutions typically reduce repair timelines and total claim costs compared to full kitchen rebuilds.
Initial investment
The initial investment required for a Renew Medic franchise is $398,000 - $734,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Renew Medic offers 2 types of franchises:
Renew Medic™ Franchise Type
Initial Investment Range
Small-market Renew Medic™ franchise
$398,021 to $709,026
Traditional Renew Medic™ franchise
$423,111 to $734,326
We are summarizing below the main costs associated with opening a Traditional Renew Medic™ franchisey.
For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).
Type of Expenditure
Amount
Initial Franchise Fee
$100,000
Training-Related Expenses
$1,100 to $4,200
Initial Supplies, Products, and Equipment
$153,000 to $250,000
Computer and Tablet or Smartphone
$1,200 to $2,500
Software
$6,676
Internet Connection
$135 to $450
Insurance
$10,000 to $20,000
Service Vehicles
$2,000 to $8,000
Service Vehicles Detail Package
$1,500 to $2,500
Real Estate and Improvements
$50,000 to $150,000
Real Estate Consultation Services
$17,500 to $25,000
Initial Marketing
$5,000 to $15,000
Additional Funds (Pre-opening and First 3 Months)
$75,000 to $150,000
Total
$423,111 to $734,326
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Renew Medic offers 2 types of franchises:
Renew Medic™ Franchise Type
Initial Investment Range
Small-market Renew Medic™ franchise
$398,021 to $709,026
Traditional Renew Medic™ franchise
$423,111 to $734,326
We are summarizing below the main costs associated with opening a Traditional Renew Medic™ franchisey.
For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).
Type of Expenditure
Amount
Initial Franchise Fee
$100,000
Training-Related Expenses
$1,100 to $4,200
Initial Supplies, Products, and Equipment
$153,000 to $250,000
Computer and Tablet or Smartphone
$1,200 to $2,500
Software
$6,676
Internet Connection
$135 to $450
Insurance
$10,000 to $20,000
Service Vehicles
$2,000 to $8,000
Service Vehicles Detail Package
$1,500 to $2,500
Real Estate and Improvements
$50,000 to $150,000
Real Estate Consultation Services
$17,500 to $25,000
Initial Marketing
$5,000 to $15,000
Additional Funds (Pre-opening and First 3 Months)
$75,000 to $150,000
Total
$423,111 to $734,326
Franchise Disclosure Document
Below is Renew Medic's 2025 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
Renew Medic had 8 total units in 2025, of which 4 were franchised-owned and 4 company-owned.
Renew Medic delivers a comprehensive training program that combines online study, hands-on instruction, and ongoing education to prepare franchisees thoroughly. Below are the key programs involved:
Pre-Training Program Franchisees must first complete a mandatory 40-hour online Pre-Training program covering business setup, marketing, sales, operations, accounting, and job management systems. This on-demand training must be completed before attending Initial Training.
Initial Training Program The two-week Initial Training includes technical instruction on cabinet repair, installation, safety, materials, and equipment use. It is conducted at the franchisor’s training center in Memphis, Tennessee, and covers three individuals under the initial franchise fee. Additional trainees may attend on a space-available basis for $1,000 per person per week.
Annual and Recurring Training Requirements Each calendar year, franchisees and any personnel providing Franchised Services must complete an updated training course for each authorized service. This can be done by attending an authorized training session or participating in the annual convention.
Territory Protection
Renew Medic grants each franchisee a designated territory that typically includes between approximately 125,000 to 250,000 single-family households or a population exceeding 500,000 people.
While franchisees are allowed to operate and solicit business only within their territory, they are not granted exclusive rights. The franchisor retains the ability to operate or authorize other franchises and distribution channels both within and outside of a franchisee's territory.
Although Renew Medic allows franchisees to respond to service requests initiated by insurance carriers, customers, or referral sources outside their assigned territory, they are explicitly prohibited from using marketing channels to actively solicit outside their area.
Frequently Asked Questions
What is the royalty fee?
The royalty fee for a Renew Medic franchise is 7.00%. In addition, you would have to pay the advertising (or national brand fund) fee of 2.00%.
What is the total investment?
The initial investment required for a Renew Medic franchise is $398,000 - $734,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
What is the initial franchise fee?
The initial franchise fee for a Renew Medic franchise is $100,000. This is typically paid upfront as part of the total initial investment, after signature of the Franchise Agreeement.