About Fibrenew Franchise
Fibrenew is a mobile leather, plastic, and vinyl repair franchise that restores damaged surfaces on furniture, automotive interiors, medical equipment, restaurant seating, and more.
Backed by Fibrenew International Ltd., the brand has been franchising since 2006, building a worldwide network of restoration specialists who bring their services directly to clients.
The franchise fee is $47,000.
Fibrenew Franchise Cost & Fees
Minimum Investment
$87K
Average Investment
$93K
Maximum Investment
$99K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $47,000 | One-time payment upon signing |
| Royalty Fee | Varies, but not less than $695 per month of gross sales | Ongoing; paid monthly |
| Total Investment Range | $86,871 – $99,465 | Includes build-out, inventory, working capital |
The investment range of $87K–$99K reflects variability in build-out costs, store size, lease terms, and market. The ongoing royalty fee is Varies, but not less than $695 per month of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Fee (Note 1) | $47,000 | $47,000 |
| Start-Up Fee (Note 2) | $32,000 | $32,000 |
| Liability Insurance – 1 year (Note 3) | $809 | $2,000 |
| Vehicle Insurance – 1 year (Note 3) | $862 | $1,765 |
| Organizational Expenses (Note 4) | $200 | $2,000 |
| Training / Travel Expenses (Note 5) | $0 | $2,500 |
| Office Equipment (Note 6) | $0 | $1,000 |
| Work Vehicle with Fuel – 6 months (Note 7) | $2,400 | $4,100 |
| Vehicle Signs (Note 8) | $2,050 | $3,600 |
| Internet and Wireless Access – 6 months (Note 9) | $300 | $600 |
| Business Licenses / Permits (Note 10) | $50 | $200 |
| Office or Storage Area (Note 11) | $0 | $0 |
| Internet Marketing – 6 months (Note 12) | $1,200 | $1,200 |
| Additional Funds – 6 months (Note 13) | $0 | $1,500 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $32,000 |
| Renewal Fee | $500 |
| Audit Fee | Cost of inspection, plus related expenses |
| Payment for Proprietary Products | Minimum of $2,500 per year |
| Fee for Training for Additional People | Then-current fee (currently $3,000) |
| Continuing Education | Generally, $500 to $1,000 per trainee per year (plus applicable taxes, travel costs and living expenses if training is in-person) |
| Administrative Fee for changes in ownership interests that are not considered “Resales” | $500 |
| Software application fees | Will vary under circumstances |
| NSF or Late Payment Fee | $45 per occurrence |
| Other Taxes | Amount assessed against us by federal, state and local tax authorities on any payments you make to us. |
| Indemnification Costs | Will vary under circumstances |
| Dispute Resolution Costs | Will vary under circumstances |
| Expenses of Analyzing Request for Additional Item, Service or Supplier | Our reasonable expenses we incur in our analysis |
| Liquidated damages | Varies |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Pre-training: 20 to 30 hours. Classroom training: 70 hours. Field training: approximately 1 year. |
| Classroom Training | 70 |
| On-the-Job Training | 0 |
| Training Location | Calgary, Alberta or online |
| Additional Training | We offer continuing education courses. Participation in a minimum of 1 course per calendar year will be mandatory unless waived. Franchisees must pay any associated continuing education fees and expenses incurred in attending this training. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Exclusive |
| Exclusive Territory | Yes |
| Territory Size | Up to 300,000 people, no greater than 100 driving miles between its furthest points. |
| Description | The Exclusive Territory is identified by Zip Code. For each multiple of a population base of 150,000, and by the third year of operations, adding another Work Vehicle and a trained Fibrenew technician is recommended. If the population exceeds 500,000 in a resale situation, Fibrenew may require the Franchisee to split the territory into more than one territory based on current standards. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 5 years |
| Renewal Term | Consecutive 5-year terms |
| Renewal Fee | $500 |
| Renewal Conditions | Sign new agreement, pay renewal fee, be in good standing, give notice, update vehicle signs and sign release. Terms of the new agreement may be materially different. |
| Transfer Fee | $32,000 |
| Transfer Conditions | New franchisee qualifies, resale fee paid, purchase agreement approved, training undertaken, release signed by you, new franchisee signs current Franchise Agreement. |
| Termination for Cause | Fibrenew can terminate if the franchisee defaults, such as failure to make required payments, failure to submit information, failure to begin/operate the service, default in customer satisfaction/inspections/proprietary products/complaints, material obligation default, failure to maintain insurance, misuse of Marks/System, interest in competing business, unauthorized assignment, material misrepresentation, acting without approval, stopping operations for more than 30 days, committing 2+ defaults in 12 months, posing public health/safety threat, insolvency/bankruptcy, or criminal misconduct. |
| Non-Compete Period | 2 years |
| Non-Compete Details | No involvement in competing business during the term of the franchise and for 2 years after termination/expiration, within your Exclusive Territory, within 50 miles of your Exclusive Territory, or within any other franchisee’s Exclusive Territory. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | We do not require personal participation in the direct operation of the Franchised Business. However, if the franchisee does not personally participate full-time, a Designated Manager must be employed to devote all productive time and effort to management and operation. The Designated Manager must successfully complete the training program. |
| Required Suppliers | You must purchase certain items and services (including the start-up package, Proprietary Products, marketing material, and promotional products) only from suppliers that we have approved in the Manual. We are the sole designated supplier of the Proprietary Products, including bases & adhesives, protectors & conditioners, cleaners & deodorizers, color coats, top coats, graining materials, velour repair supplies, cyanoacrylic products, vinyl repair supplies, plastic primers & clear coats, and leather care kits, which you will use to perform repairs. We are the sole designated supplier of the start-up package. |
| Supply Restrictions | We require you to buy Proprietary Products exclusively from us to preserve our trade secrets and maintain the uniform quality of work performed by FIBRENEW® franchisees. Beginning the second year of your franchise term, annually, you must purchase at least $2,500 of Proprietary Products from us. Purchases that must be made in accordance with our specifications or from approved or designated suppliers will represent approximately 40% of your start-up cost and 5% to 10% of your ongoing cost of operating your FIBRENEW® Service. |
| Franchisor Revenue from Suppliers | $3,615.13 |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee your obligations to third parties. |
Fibrenew Franchise Earnings — Item 19
Fibrenew does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
Fibrenew does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Fibrenew Litigation & Risk Flags
Clean Litigation RecordFibrenew has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Fibrenew System Growth
Total Units
203
Franchised
203
Company-Owned
0
Fibrenew currently operates 203 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 22 | 16 | 172 |
| 2020 | 29 | 14 | 187 |
| 2021 | 35 | 19 | 203 |
Transfers: 13 | Closures: 49
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Revenue
$4.3M
Net Income
$32K
Total Assets
$3.5M
Audited by Crowe MacKay LLP for year ending September 30.
Fibrenew Franchise — FAQ
The total investment to open a Fibrenew franchise ranges from $86,871 to $99,465, per their Franchise Disclosure Document. This includes the initial franchise fee of $47,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Fibrenew charges a royalty fee of Varies, but not less than $695 per month of gross sales. These fees are paid on an ongoing basis.
You can download the Fibrenew Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Fibrenew to ensure you have the most up-to-date version.
Fibrenew does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
Fibrenew has been franchising since 2006. The FDD shows an investment range of $86,871-$99,465, a Varies, but not less than $695 per month royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $47,000 and the total investment ranges from $86,871 to $99,465 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Fibrenew and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Fibrenew or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com