5/10

Franchimp Summary Rating

8 /10
Lower than 23% of peers

Franchise Summary

Description
The franchisee will operate a mobile service, which repairs, re-dyes, cleans and restores leathers, vinyls, velours, fabrics, plastics, and carpeting.
Company Background
Fibrenew is one of the largest providers in North America for leather repair, vinyl and fabric restoration. With our mobile service, we come to you! Fibrenew can save your leather furniture from permanent damage by repairing tears and cracks with an innovative non-glue process that uses only water to seal the seams back together. For fabrics or vinyls, our re-dyeing process restores color while also cleaning the fabric of any stains or dirt it may have accumulated over time. Our goal is to provide people with a more pleasant living experience through quality workmanship at affordable prices.
Franchise Opportunity
Fabric and leather car seats can become stained and faded over time, making them look unsightly and uncomfortable. Not only do stained and faded car seats look bad, but they can also be a health hazard. The dust and dirt that gets trapped in the fabric can cause respiratory problems. Fibrenew offers a mobile service that repairs, re-dyes, cleans, and restores leathers, vinyls, velours, fabrics, and plastics. We use only the highest quality products and our technicians are highly skilled in their field.
Corporate Structure
Fibrenew USA, Ltd. is an Alberta corporation that was organized in Canada on September 20, 2005. Since July 1, 2012, their principal business office is located at Unit 102, 450 – 1st Avenue N.E., Black Diamond, Alberta T0L 0H0 Canada. Their mailing address is Box 117, Black Diamond, Alberta T0L 0H0 Canada.

Earnings Transparency

1 /10
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of FIBRENEW Franchisees

FIBRENEW Franchise System Development in 2025

FAQ

How much investment do I need to start my own FIBRENEW business?
Franchisees typically require at least $102,105 to $122,280 investment to get their FIBRENEW business started
What are the initial franchise fees for FIBRENEW?
Franchisees typically need to pay at least $89,000 in fees directly to FIBRENEW in order to earn the right to launch their business
How much money can I make with a FIBRENEW franchise? What are the average revenues for a typical FIBRENEW business?
We haven’t done the math on how much revenue a typical FIBRENEW brings in each year. We estimate that other franchisees in the Home Services industry generate $1,131,885 revenue, so we would expect FIBRENEW to generate a similar amount
How long do I need to commit to running a FIBRENEW unit? What is my contractual commitment?
FIBRENEW franchisees are typically required to sign up to a 5 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

8 /10
The Franchisor's investment costs ranges from $102,105 to $122,280 which is Much Lower than the $0 to $0 average in the Maintenance & Repairs industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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