Renovation Sells
Provides residential renovation and remodeling services to help homeowners and homebuyers prepare and improve homes, offering custom design, materials, and construction services to enhance a home’s appeal.
Your franchise match score
Real Estate
Brand highlights
- CEOMichael Valente
- Headquarters2370 N Elston Avenue, Chicago, IL, 60614
- Year founded2020
- Year started franchising2020
- IndustryReal Estate
- Locations open43 (+42 last three years)
Statistics & metrics
- Investment range$79,005 - $171,484
- Franchise fee$50,000
- Royalty7% of Gross Revenues
- Brand fund1% of Gross Revenues, subject to increase up to 2% of Gross Revenues
- Required Liquid Capital$75,000
- Required Net Worth$300,000
- 2023 Gross Sales - Affiliate Owned Location$2,340,056
- Gross Profit Less Disclosed Expenses and Franchisee Related Expenses$520,029
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-04-30
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Renovation Sells, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Renovation Sells franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Renovation Sells franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Renovation Sells franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Renovation Sells. | |
| Financial Performance Representations | Review any financial performance information Renovation Sells provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 43 |
| Franchise locations | 42 |
| Corporate locations | 1 |
System growth over time
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