Renovation Sells specializes in residential real estate renovation and remodeling to help homeowners sell their properties. The franchise focuses on improving home value for sale readiness.
Key Insights
- Renovation Sells was created to bring much-needed innovation and professional standards to an industry that required modernization, focusing on developing scalable systems and processes that ensure consistent quality while adapting to local market conditions and customer preferences.
- Documentation processes create comprehensive records that support insurance claims, warranty protection, and future maintenance needs, providing property owners with detailed information about restoration work and materials used for long-term reference and peace of mind.
- The market demonstrates consistent growth driven by demographic changes, evolving consumer expectations, and increased awareness of service quality, creating opportunities for businesses that can adapt to changing needs while maintaining high standards of professional service delivery and customer satisfaction.
Franchise Fee and Costs to Open
Exploring the financial picture of Renovation Sells gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $79,005 - $171,484, along with a franchise fee of $50,000 - $50,000.
Financial Performance and Revenue
Training and Resources
Renovation Sells provides comprehensive initial training, lasting for two weeks, conducted at their corporate headquarters. This program offers franchisees a thorough understanding of operations and best practices. Renovation Sells also offers a suite of operational resources and ongoing support to help new franchisees establish their business effectively.
Legal Considerations
Legal considerations for a Renovation Sells franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Franchisees may encounter navigating established local competitors, managing the diverse skill sets required for various renovation projects, and ensuring timely access to necessary materials due to supply chain dynamics. Balancing marketing efforts to attract clients with the intricate operational demands of project completion presents a consistent consideration for business owners in this sector.
Franchise Datasheet
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