Fibrenew

(Inactive)

  • Fibrenew USA LTD
Site 16, Comp 33, RR8
Calgary, AB T2J2T9
Canada
  • (800) 345-2951 / (403) 278-7818
  • (402) 278-1434 (Fax)

Fibrenew is a "niche market" business refurbishing and re-dyeing all leather and plastic, offering clients a "GREEN" environmental and cost saving alternative to replacing or recovering damaged pieces. Fibrenew supports men and women worldwide into owning and operating a successful home based mobile service business. Fibrenew accomplishes this by encouraging cooperation between our franchises to share their knowledge and experience. We promote education through seminars, workshops and self-directed business and personal studies.

Fibrenew strives to be environmentally responsible. Our services prevent thousands of tons of used leathers, plastics, and vinyl from filling our landfills annually.

Franchisor Background

Year Established: 1985

Franchising Since: 1987

Operating Units

Franchised Units 198 100.0%
Company-Owned Units 0 0.0%
Total Operating Units 198 100%

Geographic Distribution

USA 105 53.0% In 32 States
Canada 72 36.4% In 10 Provinces
International 21 10.6% In 3 Foreign Countries
Total 198 100%

Multi-Unit Operators

Multi-Unit Operators N/A
Franchises Owned by Multi-Unit Operators N/A

North American Unit Density

Density Units
Ontario 25
California 15
British Columbia 14

Registered in the following Registration States

California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District of Columbia, Alberta

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Support and Training

General Information

IFA Member No
CFA Member No
Franchisee Association? No
Size of Corporate Staff 7
Site Selection
Assistance
N/A
Lease Negotiation Assistance N/A
Financial Assistance Yes, Indirect

Marketing Support

Co-Op Advertising No
National Advertising No
Regional Advertising No
Local Advertising No
Additional Services: Newsletter, Online Extranet, Press Releases, Sales Strategies

Ongoing Support

Central Data Processing N/A
Central Purchasing Included
Field Operation Evaluation Included
Field Training Included
Initial Store Opening N/A
Inventory Control N/A
Franchisee Newsletter Included
Regional or National Meetings Yes, at additional cost
800 Telephone Hotline Included

Training

Calgary, AB Canada 2 Weeks
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Financial Requirements

Investment

Minimum Net Worth $150K
Cash Investment $70K
Total Investment $82-105K
Average Total Investment $93K

Fees

Initial Franchise Fee $67K
Average Franchise Fee $67K
On-Going Royalty $550/mo. starting
Average Royalty 0%
Advertising Fee N/A

Site Information and Requirements

Average Number of Full-Time Employees 1
Average Number of Part-Time Employees N/A
Space Needs (in square feet) None
Preferred Site Types Home-Based
Encourages Conversions N/A
Item 19 (Earnings Claim) Provided? Yes
Listed in the SBA Registry? Yes
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Franchisee Qualifications

Financial Net Worth 5
General Business Experience 3
Specific Industry Experience 1
Formal Education 1
Psychological Profile 2
Personal Interviews 3
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Terms of Contract

Term of Initial Contract 7
Term of Renewal Period 7
Passive Ownership? Allowed
Area Development
Agreements?
No
Sub-Franchisor
Contracts?
No
Franchisees Allowed to Expand Within Territory? Yes
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Expansion Plans

Projected New Units Over Next 12 Months 20
USA Yes, ALL except ND, SD, and HI
Canada Yes, BC, AB, SK, ON, QC, NS
Overseas Yes, Australia
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Request Information for Fibrenew

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