Additional Funds for First 3 Months
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As incurred

Renue

Table of Content
1. Franchise Snapshot
2. Franchise Overview
3. Performance and Metrics
4. Our take
5. Additional Resources

1. Franchise Snapshot

Why this franchise?
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Franchise Status
Active
Basic Information
Industry
Home & Building Services
Category
Maintenance, Repair, & Restoration
Investment Range
$165,200 - $194,900
Total US Locations
26
Franchise Units
25
Founding Year
2010
Started Offering Franchises
2011
Management Capacity
Owner Operator
Job Count
4
Prior E2 Investors?
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Prior Visa Franchise Clients?
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Royalty Fee
10%
Marketing Fee
1%
Franchise Fee
$74,500
Headquarters (City, State)
Lombard, IL
Square Footage
N/A - N/A
Retail Location?
No
Agreement Term Length
10 Years
Video

In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.

2. Franchise Overview

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Overview

Renue System, since 1991 has been providing deep-clean and disinfection services to thousands of properties throughout the united states. Their extensive trajectory and expertise make them one of the best in their industry, and a first choice for well-known hotel and comercial brands. By putting in the center of operations the importance of quality service while also being responsible and accountable to their clients, Renue Systems has become the one of the leading brands in their industry!

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Management team / founders

Renue Systems was founded and is run by David Grossman. Prior to his involvement in 2010, Grossman spent almost 10 years with several investment funds in New York including GSO Capital, Kohlberg Capital and TD Capital all of which provided him with significant exposure and experience that would allow him to later on successfully found and operate Renue Systems. Mr. Grossman has an undergraduate degree from Brown University and Masters and Doctorate degrees from Harvard University.

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Focus of owner for daily business operations

As Renue System operator, the main facets of the business entail: 1. Manage day-to-day bookings; 2. Interacting with clients and being the face of the company; 3. Hiring and managing staff; 4. Marketing and advertising locally; 5. Making sure safety standards and protocols are being met

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
10%
6%
6%
Marketing Fee
Franchise Fee
$74,500
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Initial Franchise Fee
$2,023
$3,320
Upon signing Franchise Agreement
Initial Equipment, Chemicals, Supplies and Training Package Fee
$2,023
$3,320
Upon signing Franchise Agreement
Shipping Costs for Initial Equipment, Chemicals and Supplies
$2,023
$3,320
Before opening
Shipping Costs for Initial Equipment, Chemicals and Supplies
$2,023
$3,320
Paid monthly
Wages, Travel, and Living Expenses During Training
$2,023
$3,320
Before opening
Vehicle
$2,023
$3,320
Before opening
Computer Equipment, Software, and Accessories
$2,023
$3,320
Before opening
Insurance – 3 Months
$2,023
$3,320
Before opening
Accounting and Legal Professional Fees
$2,023
$2,023
Before opening
Business Licenses and Permits
$2,023
$3,320
Before opening
Total Estimated Initial Investment
$2,023
$3,320
$2,023
$3,320
$2,023
$3,320
$2,023
$3,320
$2,023
$3,320
$2,023
$3,320
$2,023
$3,320
$2,023
$3,320
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
2021
+3
22
25
Franchised
2022
25
25
+1
2023
25
25
+1
2021
1
1
+1
Company-Owned
2022
1
2
+1
2023
2
1
-1
2021
23
26
+3
2022
26
26
0
2023
26
26
0
Total Outlets
-
-
-
-
-
-
-
-
Net Unit Growth (Recent year)
Net Unit Growth (Recent year)
Franchise Health Metrics
Franchise Value
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
0
0
0
0
0
0
0
0
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
0,00%
10 Year Cumulative Defaults
30,00%
3 Year Predicted Default Rate
7,69%
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Historical financial performance representations
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
3.84%
% of Franchisees with Completed Litigation
3.84%
Number of Bankruptcies Disclosed
0
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.

4. Our Take

*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.