Question 1

How much does it cost to open a Renew Medic franchise?

Accepted Answer

The total initial investment for a Renew Medic franchise ranges from $423K to $734K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Renew Medic franchise fee?

Accepted Answer

The initial franchise fee for Renew Medic is $100K.

Question 3

What are the net worth requirements for a Renew Medic franchise?

Accepted Answer

Net worth requirements for Renew Medic are specified in the Franchise Disclosure Document.

Question 4

Does Renew Medic require a personal guarantee?

Accepted Answer

Yes, Renew Medic requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Renew Medic franchise?

Accepted Answer

Equipment costs for a Renew Medic franchise range from $153K to $250K.