First Prize Franchise

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Wood Re New

wood-renew.jpgA low cost investment of $49,000 focusing on the in demand, home service industry. Wood Re New is an exterior wood restoration and maintenance service with a focus on residential and commercial fences, decks, docks, and marinas.
Wood Re New uses proprietary products and cutting edge technology to service its customers in a clean and timely fashion.
This simple and profitable concept currently has 22 franchises in 8 states with most of the mid to major markets still open.

Background

Year Established: 1993
Year First Franchised: 2002
Franchised Units: 22
Company Owned Units: 0
Projected New Units (12 months): 20
States/Countries Registered In: United States
Availability in Canada: Masters / Area Developer: In the near future

Financial/Terms

Cash Investment: $49,000
Total Investment: $49,000 – 84,900
Minimum Net Worth: $75,000
Franchise Fee: $ 39,000
Discounts: VetFran, Women, Minorities? No
VetFran Program Participant: Not a member
Royalty: 6% of Gross Sales
Ad: 1% of Gross Sales
Average # of Employees: Varies
Passive Ownership Allowed: No
Earnings Claims: No

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