Last Updated on July 25, 2012 by DeanR
Fibrenew Franchise
Fibrenew is a franchise for a business providing mobile automotive vinyl repair.
It was founded in 1985 and started franchising in 1987. It was founded by Tom Gallagher and opened its first location in Alberta, Canada. In 1987, his brother-in-law, Michael Wilson, purchased the first franchise of Fibrenew. It was the start of opening 20 more franchises. In 1994, Wilson purchased the company and was able to open 43 locations in Canada and 11 more locations in New Zealand.
Additionally, they have locations in Latin America, Mexico, United States, and in Australia. He formed the Fibrenew Internation Ltd. in 1998. They support projects such as The Salvation Army and Opportunity International. Their aim is to help save the environment. They say that by reusing one ton of plastic, it saves 5,774 kWh of energy, 16.3 barrels of oil, 98 million Btu’s of energy, and 30 cubic yards of landfill space.
What services do they offer at Fibrenew?
For the Aviation market, they repair stains, cracks, and burns in aircraft seats. They restore consoles and plastic moldings, and refurbish worn yokes. For the automotive market, they repair damages seats on cars, vans, or trucks, cracked or faded door panels, dashes, console and bumpers, stained and worn steering wheels. They also accept restoration projects for vintage and exotic vehicles. They provide repair services for rental cars, reconditioning of used vehicles, and refurnishing of fleet vehicles. In the Marine market, they repair mouldings and damaged boat seats, restore cracked or faded plastic boat mouldings, and refurbish worn or stained boat steering wheels. For the Residential market, they repair damaged furniture from wine stains, food, rips, burns, worn-out areas, crayon markings or inks, and cracked or faded material. For the Commercial market, they restore chairs and leather couches in government and business offices, repair chairs, stools, benches and couches in restaurants and bars, refurbish stained and worn theatre seats, replace leather or vinyl on damaged fitness equipment, and removes stains or repairs burns in carpet. Their target market includes rental agencies, car dealerships, fleet vehicles, dental, medical, and veterinary clinics, insurance companies, transportation companies, and furniture stores.
Cost and requirements on running a Fibrenew franchise
You need to have a net worth of $25,000 and a total liquid asset of at least $15,000. Expect to be investing about $30,000 to $50,000. The cost of the Fibrenew franchise fee is $30,000 to $50,000 with an on-going royalty fee of $300 per month. This is for a renewable five year term agreement. This franchise can be run from home. You will need only one employee to run one location. They allow multi-unit ownership and absentee ownership.
What is included in the franchise package?
There will be two weeks training at the headquarters. This includes field and classroom instruction conducted by certified training staffs. There will be on-going training through workshops, seminars, and conferences. You will have exclusivity in your territory. You will be given the right to use the Trade name and Trademark. You will be given access to propriety methods, products, manuals, and technical support through the internet, via phone or you can access the Technical Library. You will be provided with a complete inventory and equipment, invoices, business cards, envelopes, statements, and brochures.
Fibrenew Contact Details
You may reach them at:
Address: Site 16 Comp 33 RR 8 Calgary, Alberta T2J 2T9 Canada
Phone: (800) 345-2951 or +001 (403) 278-7818 for Canada