Renew Medic charges a royalty fee of 7.0% of gross sales (2025 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.

The total ongoing fee rate for a Renew Medic franchise is approximately 9.0% of gross sales (2025 FDD). This includes the royalty fee, a 2.0% marketing/advertising fund contribution, a $1652/month technology fee, and other recurring charges.

Renew Medic has been involved in 0 litigation cases over the past 3 years (2025 FDD). There are no class action lawsuits pending.

No, the Renew Medic franchisor has no bankruptcy filings in their disclosure history (2025 FDD).

Renew Medic offers protected territory rights to its franchisees (2025 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Online sales are managed by the franchisor, not individual franchisees.

Renew Medic currently operates 8 locations (2025 FDD) (4 franchised, 4 company-owned).

The 1-year franchisee turnover rate for Renew Medic is 0.0% (2025 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.

According to the Renew Medic FDD Item 19 financial performance representation (2025 FDD), the median gross sales per unit is $1.4M (average: $2.3M).

The initial franchise agreement term for Renew Medic is 10 years (2025 FDD). Franchisees can renew 1 time for 10-year periods. The total potential term is 20 years.

Renew Medic's post-termination non-compete clause restricts former franchisees from operating a competing business for 2 years within 5 miles of the former location (2025 FDD).

Yes, Renew Medic's franchise agreement requires mandatory arbitration for dispute resolution (2025 FDD). The agreement includes a jury trial waiver.

Renew Medic provides 120 hours of initial training over approximately 2 weeks (2025 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.

Renew Medic does not provide site selection assistance (2025 FDD). Franchisees are responsible for finding and securing their own location. The franchisor also provides technology support and systems.