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Breakdown

Fibrenew franchise unit economics

Fibrenew franchisees run a mobile service that repairs, re-dyes, cleans and restores leather, vinyl, fabric and plastic, usually from a work vehicle and a home office.

Franchised outlets, Sept. 30, 2025237

Initial fee$47,000

Total investment$102,105–$122,280

Fibrenew franchise at a glance

Fibrenew’s 2025 FDD, issued 4 December 2025, makes no financial performance representation in Item 19, so it gives no sales or profit figure. A Fibrenew franchise costs $102,105 to $122,280 to open, according to the FDD, and $89,000 of that is the initial franchise fee and start-up fee paid to the franchisor.

Fibrenew charges no royalty based on a percentage of sales; the continuing fee is a monthly technical assistance fee of $795, waived for the month training begins and the five months after.
Fibrenew’s technical assistance fee rises by 5% at the start of the third year and each year after; the printed schedule shows $834.75, $876.50 and $920.30 a month in years three to five.
Fibrenew requires at least $2,500 a year of Proprietary Products from the second year and a monthly Google marketing spend of at least $200, paid to Google or another approved supplier.
Fibrenew had 237 franchised outlets and no company-owned outlets at September 30, 2025, up from 226 a year earlier.
Fibrenew recorded 80 openings and 71 departures across fiscal 2023 to 2025*, and 50 of the departures were outlets that ceased operations for other reasons*.

These figures come from Fibrenew's 2025 Franchise Disclosure Document, as the brand reported them, and were read by Averan Advisors. The 80 openings, 71 departures and 50 other-reason closures are Averan sums of the three years in Item 20.

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By Scott Engler · Averan Advisors · Source: Fibrenew USA Ltd., 2025 Franchise Disclosure Document (FDD) · Updated 16 October 2026

Item 19 contains no financial performance representation. The franchisor states that it does not make representations about future or past financial performance. A buyer of an existing outlet may be given that outlet’s actual records.
There is no percentage royalty and no advertising fund. The continuing fee is $795 a month, waived for the month initial training begins and the five months after, worth $4,770*. From the start of the third year it rises 5% a year.
$89,000 is due by wire transfer when the agreement is signed, 87.2%* of the low-end cost to open. It is the $47,000 initial franchise fee and the $42,000 start-up fee. At the high end of $122,280 it is 72.8%*. Veterans who meet the criteria receive 10% off the franchise fee.
Fixed required spend in the second year comes to $14,440. That is $9,540* of technical assistance fees, the $2,500 product minimum and $2,400* of Google marketing at the $200 monthly minimum. Continuing education of $500 to $1,000 per trainee a year is extra.
Franchised outlets went from 228 to 237 over fiscal 2023 to 2025. Eighty outlets opened and 71 left*: four were terminated, 17 were not renewed and 50 ceased operations for other reasons*. The franchisor operates no outlets of its own.

Revenue

What the Fibrenew FDD discloses about revenue

The FDD makes no financial performance representation. Item 19 states that the franchisor does not make any representations about a franchisee’s future financial performance or the past financial performance of company-owned or franchised outlets. The FDD gives no average revenue, median, range or profit figure for any outlet.

A buyer of an existing outlet may receive that outlet’s records. Item 19 says that if you are purchasing an existing outlet, the franchisor may provide you with the actual records of that outlet.

The franchisor collected $2,115,450 of technical assistance fees in the year to September 30, 2025. Its audited statements show total operating revenue of $5,369,949, including $1,312,951 of initial franchise fees, $1,325,388 of start-up fees and $481,449 of product sales. These are the franchisor’s figures, not an outlet’s sales.

The franchisee lists are in Exhibits D-1 and D-2. Exhibit D-1 lists current franchisees and Exhibit D-2 lists those who left in the last fiscal year. The FDD notes that some current and former franchisees have signed confidentiality clauses that restrict them from discussing their experience with prospective franchisees.

Term and territory

Term, territory and opening

Fibrenew franchise terms
Provision	Terms
Initial term	5 years
Renewal	Consecutive 5-year terms; no initial fee or start-up fee, $500 processing fee
Territory	Exclusive Territory by zip code, generally up to 300,000 people and no more than 100 driving miles across
Premises	Usually the work vehicle and a home office; an outside site needs approval and must be inside the territory
Typical time to open	Agreement signed about 4 weeks before classroom training; operating within 1 month of completing it
Required opening	Within 4 months of completing classroom training
Initial training	Included for 2 people in person or 3 online; $5,000 for each additional trainee
Buyer in a resale	No initial franchise fee or start-up fee; the seller pays a $32,000 resale fee

Source: Fibrenew FDD, Items 5, 6, 11, 12 and 17.

The territory is sized on population, density, commercial establishments and driving distances. Item 12 says the franchisor recommends adding a work vehicle and a trained technician for each multiple of 150,000 people, by the third year of operations. In a resale of a territory over 500,000 people, the franchisor may require the territory to be split.

The franchisor keeps the right to sell care kits into the territory. It may sell leather, plastic and vinyl care kits to end users and resellers through any channel, including online, and pays no compensation for those sales.

Item 17 gives the franchisee no termination right, subject to state law, and gives the franchisor none without cause. Both are listed as not applicable. Payment defaults have a 5-day cure period and other curable defaults 30 days.

Renewal means signing the then-current agreement. Item 17 says it may have different terms, though the franchisor may choose to keep the existing fees and product requirements.

Exits

How outlets left the system, 2023 to 2025

Fibrenew franchised outlets that left the system, fiscal years to September 30, from Item 20 *Averan calculation
Year	Terminated	Not renewed	Ceased, other reasons	All departures	Transfers to new owners
2023	1	4	19	24*	5
2024	2	6	23	31*	2
2025	1	7	8	16*	10
Three years	4*	17*	50*	71*	17*

Source: Fibrenew FDD, Item 20, Tables 2 and 3. The all-departures column and the three-year row are Averan sums. No outlets were reacquired by the franchisor in the three years.

Item 19 does not report results by outlet, by group or by year. With no financial performance representation, the FDD gives no way to compare higher- and lower-revenue outlets. Item 20 shows how outlets entered and left the system.

Fifty of the 71 departures were outlets that ceased operations for other reasons, 70.4%* of the total. The FDD does not say what those reasons were. Terminations were four across the three years and non-renewals 17.

Other-reason closures fell from 23 in 2024 to 8 in 2025. Openings were 22 in 2024 and 27 in 2025, and the net change moved from a fall of 9 outlets to a rise of 11.

Ten outlets transferred to new owners in fiscal 2025, against five in 2023 and two in 2024. A transfer of the whole business is a resale, for which the seller pays the $32,000 resale fee. One more Texas outlet transferred on November 7, 2025.

Three more outlets ended their agreements after the year end. A footnote to Item 20 says that by December 4, 2025, one outlet each in Indiana, Ohio and Utah had mutually terminated their agreements.

Brand charges

Fibrenew recurring and event charges, from Items 6 and 11 *Averan calculation
Charge	Amount	Paid to	When
Technical assistance fee	$795 a month, rising 5% a year from year three	Franchisor	Monthly on the 1st; waived for the training month and the 5 months after
Proprietary Products	At least $2,500 a year, may rise with CPI	Franchisor	From the first anniversary
Google marketing	At least $200 a month (current minimum)	Google or approved supplier	Monthly, for the whole term
Continuing education	Generally $500 to $1,000 per trainee a year	Franchisor	Two minimum payments of $250, on April 1 and August 1
Additional trainee	$5,000 (current fee)	Franchisor	Before training
Renewal or amendment processing	$500	Franchisor	On notice
Ownership change that is not a resale	$500	Franchisor	Before the change
Resale fee	$32,000 (current fee)	Franchisor	Paid by the seller on a resale
NSF or late payment	$45 per occurrence	Franchisor	On occurrence
Insurance obtained by the franchisor	Premium plus 20%	Franchisor	If the franchisee fails to insure
Fixed required spend, second year	$14,440*	Fee, products and Google	Before continuing education

Source: Fibrenew FDD, Item 6 (pages 5 to 9 of the FDD) and Item 11. The total row is an Averan sum of 12 months at $795, the $2,500 product minimum and 12 months of Google marketing at $200*. With no sales figure in Item 19, the charges cannot be stated as a share of an average outlet’s sales.

Fibrenew charges no royalty based on a percentage of sales and has no advertising fund. Item 11 says franchise agreements signed in 2009 or later give the franchisor no right to collect marketing fees, and franchisees are not required to join an advertising fund.

The technical assistance fee comes to $45,888.60 over the five-year term*. The printed schedule in Attachment 8 shows six waived months then $795 in year one, $795 in year two, $834.75 in year three, $876.50 in year four and $920.30 in year five. That is $4,770, $9,540, $10,017, $10,518 and $11,043.60 a year*.

Item 6 says each yearly increase is rounded up to the nearest 10 cents. The schedule’s figures of $834.75, $876.50 and $920.30 are not rounded that way. The fee for a renewal or a resale buyer is set in a schedule attached to that agreement, with no waived months.

First-year product purchases do not count toward later years. The $2,500 requirement is waived for the first year of a new franchise, and purchases made in that year are not credited to the second year’s requirement. The franchisor received $996,598 from start-up packages and Proprietary Products in fiscal 2025, 18.6% of its total revenue.

Ending the agreement early carries liquidated damages. They equal the monthly technical assistance fee times the months left in the term, plus the annual product purchase requirement. On Averan’s reading, ending after year two at the $795 fee would be 36 months at $795 plus $2,500, or $31,120*.

Cost to open

Fibrenew estimated initial investment, from Item 7
Line	Low	High	Paid to
Initial franchise fee	$47,000	$47,000	Franchisor
Start-up fee	$42,000	$42,000	Franchisor
Liability insurance, 1 year	$800	$2,425	Approved national insurance broker
Vehicle insurance, 1 year	$1,760	$3,975	Insurance broker
Organizational expenses	$300	$5,150	Lawyer, accountant, government
Training travel	$0	$2,850	Travel providers
Office and miscellaneous equipment	$495	$750	Vendors
Work vehicle with fuel, 6 months	$2,400	$5,725	Dealer
Vehicle signs	$4,000	$6,960	Suppliers
Internet and wireless access, 6 months	$600	$1,030	Internet service provider
Business licenses and permits	$50	$565	Government
Office or storage area	Not estimated	Not estimated	Landlord
Internet marketing, 6 months	$1,200	$1,200	Google
Additional funds, 6 months	$1,500	$2,650	Various
Total	$102,105	$122,280

Source: Fibrenew FDD, Item 7 (pages 10 to 13 of the FDD) and cover page. The lines add to the printed totals. The FDD gives no estimate for an office or storage area, so any such cost is outside both totals.

$89,000 of the total is paid to the franchisor, 87.2%* of the low estimate and 72.8%* of the high. The initial franchise fee of $47,000 and the start-up fee of $42,000 are due in a lump sum by wire transfer when the agreement is signed, and training does not start until both are paid. Neither is refundable.

The start-up fee includes equipment, products and training. It covers a mobile tablet, a color recognition kit, an initial supply of required Fibrenew products, the franchisor’s legal, selling and administrative costs, and training for 2 people in person or 3 online.

The low and high totals are $20,175 apart*. The two fees to the franchisor are the same at both ends. The low vehicle estimate assumes the owner’s personal vehicle; the high estimate assumes a leased used vehicle with six months of maintenance and fuel.

Additional funds of $1,500 to $2,650 cover the first six months, or $250 to $442 a month*. Item 7 says the figure does not include debt service, rent or living expenses. The technical assistance fee is waived over a period of the same length, from the month training begins.

Veterans receive 10% off the initial franchise fee. They need a DD214, an honorable discharge after at least 2 years of service and at least 50% ownership. In fiscal 2025 the franchise fees received ranged from $42,300 to $47,000.

Locations

Locations, 2023 to 2025

Fibrenew franchised outlets, fiscal years to September 30, from Item 20 *Averan calculation
Year	Start of year	Opened	Terminated	Not renewed	Ceased, other reasons	End of year	Net change
2023	228	31	1	4	19	235	+7
2024	235	22	2	6	23	226	−9
2025	226	27	1	7	8	237	+11
Three years	228	80*	4*	17*	50*	237	+9*

Source: Fibrenew FDD, Item 20, Tables 1, 3 and 5. The three-year row is an Averan sum. Company-owned outlets were zero in every year, and no outlets were reacquired by the franchisor.

Fibrenew had 237 franchised outlets at September 30, 2025, and no company-owned outlets. The count rose from 228 at the start of fiscal 2023, after falling to 226 at the end of fiscal 2024.

Two agreements were signed but not yet opened at September 30, 2025. One is in California and one in Michigan.

The franchisor projects 30 new franchised outlets in the next fiscal year and no company-owned outlets. That would be 12.7%* of the 237 outlets at year end. The projection is spread across 24 states, with no more than 2 in any one state.

Item 1 puts the system at about 300 Fibrenew franchises worldwide. The parent and an affiliate franchise the brand in Canada and other countries; Item 20 covers the US system.

Questions we get asked

Questions owners ask

How much does it cost to open a Fibrenew franchise?

The FDD estimates $102,105 to $122,280. Of that, $89,000 is the $47,000 initial franchise fee and the $42,000 start-up fee, paid to the franchisor by wire transfer when the agreement is signed. No estimate is given for an office or storage area.

What fees does Fibrenew charge?

There is no percentage royalty and no advertising fund. The continuing fee is a $795 monthly technical assistance fee, waived for six months at the start and rising 5% a year from the third year. Franchisees must also buy at least $2,500 of Proprietary Products a year from the second year and spend at least $200 a month on Google marketing.

How much does a Fibrenew franchise make?

The FDD does not say. Item 19 makes no financial performance representation, so there is no average, median or profit figure for any outlet. A buyer of an existing outlet may be given that outlet’s actual records.

How many Fibrenew locations are there?

There were 237 franchised outlets in the US at September 30, 2025, and no company-owned outlets. Two more agreements were signed but not yet opened, and the franchisor projects 30 new franchised outlets in the next fiscal year.

How long is a Fibrenew franchise agreement?

The term is 5 years, renewable for consecutive 5-year terms with a $500 processing fee and no new initial franchise fee or start-up fee. A renewal means signing the then-current agreement, which may have different terms.

What happens if a Fibrenew franchisee leaves early?

Liquidated damages equal the monthly technical assistance fee times the months left in the term, plus the annual product purchase requirement. On Averan’s reading, leaving after year two at $795 a month would cost $31,120*. Selling the business as a resale instead carries a $32,000 resale fee paid by the seller.

Questions worth putting to Fibrenew

These are questions the filing leaves open. An owner or a buyer can put them to the franchisor directly.

Is the revenue in Item 19 gross sales or collected revenue, and how many locations sit below the average?
Which factors does Fibrenew see in its highest-selling locations, such as territory, years open and staffing?
How long does a new location take to reach the average you publish, and what does the build-up look like month by month?
At what level of sales do the minimum charges stop applying and the percentage take over?
How many Fibrenew locations closed, were sold, or changed hands last year, and why?

Part of our Home and Commercial Services guide · Averan Franchise

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Where this sits

the franchise library, all 431 brands · how franchise unit economics work · running the books across several locations · what Averan does for franchise owners

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Questions owners ask next

The figures above raise these, and each one is answered on its own page.

At what level of sales does a minimum fee stop costing me more than the percentage?It works out the sales level where a minimum fee stops applying.
How much cash do I fund before a new location covers its own costs?It builds a 13-week forecast for the months before break-even.
What does this location earn on the money I put into it?It works out the payback period and cash-on-cash return for one unit.
How much of Item 19 can I rely on?It explains what an Item 19 financial performance representation tells you and what it leaves out.

Scott Engler

Founder & Principal, Averan Advisors

Averan provides bookkeeping, controller, and fractional CFO support for franchise owners and has Certified QuickBooks ProAdvisors on the team. More about the team →

Where these figures come from

Every figure here comes from Fibrenew USA Ltd.’s 2025 FDD and is unaudited by us. We are unaffiliated with the brand. Calculations of our own are labeled where they appear. The figures describe past performance at other businesses and are not a projection of yours. This page is an educational summary. It is not an offer to sell a franchise, and it is not financial, legal or tax advice. Fibrenew is a trademark of its owner. How Averan reads a Franchise Disclosure Document.

These figures come from the brand's disclosure. They are not a forecast, an offer to sell a franchise or advice. Source: Fibrenew USA Ltd., 2025 Franchise Disclosure Document, issued 4 December 2025.