Renew Medic Franchise — Veteran Cost & Requirements (2026)
When disaster strikes, cabinet restoration is often the forgotten piece of the recovery puzzle. RenewMedic partners with insurance companies and disaster recovery teams to save what others would replace, getting families back home faster and saving insurers millions.
Investment at a Glance
Military Fit Score
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What Is Renew Medic?
RenewMedic is a specialized cabinet restoration franchise that partners with insurance and mitigation professionals to provide expert repair, custom solutions, and emergency cabinet removal after fire or water damage - offering faster, cost-effective alternatives to full reconstruction.
As a RenewMedic owner, you're running a specialized restoration service that fills a critical gap in the disaster recovery industry. Your teams respond to fire and water damage calls, working directly with insurance adjusters and mitigation companies to assess and restore damaged cabinetry instead of defaulting to full replacement. Your day revolves around managing relationships with insurance partners, coordinating your technical teams in the field, and ensuring your custom restoration solutions meet both quality and timeline requirements. Revenue flows from insurance-backed projects, with the potential for additional private restoration work. Most jobs are one-time but can span several weeks, and your insurance partnerships provide a steady stream of referrals.
Quick Facts
Founded
2024
Franchising Since
2024
Headquarters
Tennessee
Location Type
Commercial Location
Semi-Absentee
No
SBA Approved
Yes
Renew Medic Franchise Cost Breakdown (2026)
The total investment to open a Renew Medic franchise starts at $423,111. Here's what that covers and what you'll need to qualify.
Investment Breakdown
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $100,000 | $100,000 |
| Training-Related Expenses | $1,100 | $4,200 |
| Initial Supplies, Products, and Equipment | $153,000 | $250,000 |
| Computer and Tablet or Smart Phone | $1,200 | $2,500 |
| Software | $6,676 | $6,676 |
| Internet Connection | $135 | $450 |
| Insurance | $10,000 | $20,000 |
| Service Vehicles | $2,000 | $8,000 |
| Service Vehicles Detail Package | $1,500 | $2,500 |
| Real Estate and Improvements | $50,000 | $150,000 |
| Real Estate Consultation Services | $17,500 | $25,000 |
| Initial Marketing | $5,000 | $15,000 |
| Additional Funds – pre-opening and the first 3 months of operations | $75,000 | $150,000 |
The initial franchise fee of $100,000 covers comprehensive training for three team members and your territory rights. Getting operational requires $423,111 to $734,326 total investment, which includes everything from your service vehicles and specialized equipment to working capital for your first three months. The ongoing royalty is 7% of gross sales, plus 2% for the ad fund. There's also a technology fee of $1,652 monthly that keeps you integrated with RenewMedic's insurance partner network. While this is a significant investment, the specialized nature of the service and insurance industry connections create strong revenue potential.
Beyond your initial investment, you'll pay a 7 royalty on gross sales plus a 2 marketing contribution. The true monthly cost of ownership includes additional fees most buyers don't account for until they're already in.
→ We break down your realistic monthly overhead during your consultation.
What Do Renew Medic Franchise Owners Make?
Renew Medic includes an Item 19 Financial Performance Representation in their Franchise Disclosure Document — which means they voluntarily share revenue and earnings data from their franchise system.
This franchise provides detailed financial performance data in their FDD. During your consultation, we'll help you understand the full picture and connect you directly with the franchisor and current owners to discuss real-world results.
Not every franchise provides this level of transparency. The fact that Renew Medic does tells you something about their confidence in franchisee performance.
But raw numbers don't tell the full story. What matters is how those numbers apply to your market, your investment level, and your operating model.
Want the Full Financial Picture?
We've analyzed Renew Medic's FDD and can walk you through what the numbers actually mean for someone with your background and budget.
See If This Franchise Fits Your GoalsFree 30-min consultation. We earn nothing unless you find the right fit.
Why Veterans Succeed with Renew Medic
This business is about precision, process, and getting things done right the first time. When you're dealing with insurance claims and families trying to get back home, there's no room for shortcuts. The technical aspects demand attention to detail, while the business side requires strong relationship management with adjusters and mitigation partners. What makes this opportunity different is the mission alignment. You're not just running a business – you're helping families recover from disasters and getting them back into their homes faster. It's the kind of meaningful work that resonates with people who've spent their careers in service to others.
Military Fit Analysis
Military Fit Score
Best Suited For
The ideal owner here has experience managing multiple moving parts while maintaining high quality standards. If you've overseen technical operations, managed logistics, or coordinated teams in high-pressure situations, you'll recognize familiar patterns. The business requires both strategic thinking for growth and tactical execution for day-to-day operations.
🎖️ Veteran & Military Discount
Renew Medic participates in the VetFran program and offers discounts on the franchise fee for qualified veterans, active duty, and military spouses.
Yes
This discount applies to the initial franchise fee. Combined with SBA veteran loan programs and VA small business resources, your actual out-of-pocket investment could be significantly lower than the listed range.
→ We calculate your true cost — including available discounts, financing options, and veteran-specific programs — during your consultation.
Is Renew Medic the Right Franchise for Your Background?
Every veteran's transition is different. Your MOS, leadership experience, and financial goals all factor into which franchise makes sense. We've helped veterans across every branch find franchise businesses that match their strengths — not just their budget.
Find Your Franchise FitTalk to a veteran franchise consultant who's been where you are.
Renew Medic Training & Support
The Initial Franchise Fee covers the cost of Initial Training for three people. Franchisees are responsible for travel, lodging, meals, wages, and other expenses during training. An additional Initial Training Fee of $1,000 per person, per week is charged for each additional person after the first three, for the two-week training.
Frequently Asked Questions About Renew Medic
How much does a Renew Medic franchise cost?
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Does Renew Medic offer a veteran or military discount?
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Is Renew Medic a home-based franchise?
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Can you run a Renew Medic franchise semi-absentee?
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What do Renew Medic franchise owners make?
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Is Renew Medic a good franchise for veterans?
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What is Renew Medic's FDD and where can I read it?
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Your Next Chapter Starts with a Conversation
You've done the research. You've looked at the numbers. Now the question is whether Renew Medic — or one of 500+ franchises in our network — is the right fit for where you're headed.
In 30 minutes, we'll cover:
- Whether this franchise matches your skills & goals
- What the FDD reveals that most buyers miss
- Your true cost after veteran discounts & financing
- 2-3 alternative franchises worth comparing
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