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Fibrenew, Penticton, British Columbia: $159,000 USD
Sold
Automotive, Home Services

Fibrenew Okanagan South – CONDITIONALLY SOLD

Fibrenew franchise for sale in Penticton, British Columbia

List Price: $159,000 USD

Key Facts

Seasonal Business

No

Value of Inventory

Upon Inquiry

Value of Assets

Upon Inquiry

Year Established

1991

Business Operates From

My home

Location Is

N/A

Approx. Monthly Rent

N/A

Total Employees

Less than 10

About this Business

Fibrenew South Okanagan’s background and description from the owner, Kelsey Enns:

I purchased this franchise in 2017 as a way out of the forest industry in northern Canada. This business has been a great way of supporting my family and has allowed us to get to know many great people and businesses in the south Okanagan community. We have run this business as a husband and wife team with a brief period of having an employee. We found that we preferred the freedom of working by ourselves.

However, there has never been a shortage of work and the potential for the right person to grow this business is undeniable. We have always loved the Fibrenew brand and the very many awesome people that work in head office as well as the fellow franchisees and will most definitely miss the Fibrenew family.

Before starting my Fibrenew franchise, I worked as a machine operator and truck driver. It was a job that involved operating machinery and transporting goods.

Owning and operating my Fibrenew franchise has brought several positive aspects. One of the best things is the opportunity to meet a diverse range of people and hear their stories. I enjoy connecting with customers and learning about their experiences. Another advantage is the ability to create my own schedule, giving me flexibility and control over my work-life balance.

My family has been involved in supporting my business. My wife has helped with administrative tasks, providing assistance with paperwork, record-keeping, and other organizational responsibilities.

Growth opportunities

One unique aspect of my territory that could be of interest to a new owner is the presence of a mix of marine and RV opportunities. The region boasts numerous large lakes, marinas, camping spots, and RV dealerships. This combination presents a diverse range of potential customers, offering various avenues for business growth and specialization.

Asset Description

2016 Dodge Caravan Wrapped in 2018 - to be negotiated separately

Reason for Selling

This business has great potential to grow in this area, however I have been given an opportunity in another line of work and I do not have the time and energy for both nor to take Fibrenew Okanagan South to the next level

Why I Love My Franchise

This business has been a great way of supporting my family and has allowed us to get to know many great people and businesses in the south Okanagan community. We have run this business as a husband and wife team with a brief period of having an employee. We have always loved the Fibrenew brand and the very many awesome people that work in head office as well as the fellow franchisees and will most definitely miss the Fibrenew family.

About Fibrenew

Fibrenew is a mobile service franchise specializing in the repair, restoration, and renewal of leather, plastic, vinyl, fabric, and upholstery. Technicians work on-site across a broad mix of markets, including automotive, residential, commercial, medical, marine, and aviation. Customers range from homeowners with a worn leather sofa or car interior to businesses, clinics, restaurants, and lodges that need damaged surfaces restored rather than replaced.

Founded in 1985 and franchising since 1987, Fibrenew has grown to more than 300 locations worldwide, across the US, Canada, Mexico, and several international markets. The company has been family-owned since Michael and Fran Wilson acquired it in 1994. Fibrenew manufactures its own proprietary product line and has developed the repair techniques and color-matching technology its technicians use in the field, which it positions as the core of its advantage.

The model is mobile and home-based: franchisees operate from a branded service vehicle rather than a storefront, working a protected territory. With multiple service verticals and a green, replacement-alternative message, the business draws revenue from both one-off jobs and ongoing commercial accounts.

Franchisee Support

Initial training is 70 hours of classroom instruction delivered over two weeks at Fibrenew's Canadian head office, plus on-the-job training as needed to build hands-on repair skill. Ongoing support includes proprietary business software, a franchisee intranet, regular newsletters, and meetings and conventions. Marketing support covers national media, SEO, email and social campaigns, and ad templates owners can localize. Buyers of an existing Fibrenew unit should confirm what transfer training and software access the franchisor provides to incoming ownership, given the technical, color-matching nature of the work.

Brand Accolades & Awards

Fibrenew has ranked in Entrepreneur's Franchise 500 since 2017 and was named the #1 leather and vinyl repair franchise in the 2026 list, with recognition in its fastest-growing, home-based/mobile, and under-$100,000 categories. Franchise Business Review has repeatedly honored the brand, including 2025–2026 recognition for franchisee satisfaction, culture, innovation, veterans, and women in franchising, plus a Top 200 Franchises placement for 2026. Fibrenew is also a long-standing member of the International Franchise Association. For resale buyers, brand recognition should be weighed alongside a territory's local reviews and referrals.

Industry / Market

Fibrenew operates in the US furniture repair and reupholstery market, valued at around $2.0 billion in 2026 (IBISWorld), alongside adjacent demand in automotive, marine, and commercial restoration. The category is driven by the cost advantage of repair over replacement, which strengthens when households and businesses tighten budgets, plus growing interest in sustainable, waste-reducing alternatives. Demand spreads across many verticals rather than one, which can cushion local slowdowns. For resale buyers, the durability of a unit's commercial accounts and referral base signals how well a territory captures this demand.

Ideal Owner

Fibrenew suits hands-on, detail-oriented operators who enjoy skilled craft work and direct customer contact. No prior trade experience is required—owners come from teaching, engineering, sales, and many other backgrounds—but candidates must be willing to master the company's repair and color-matching techniques during training. Because the work depends on precise color matching, owners cannot be color blind. The role blends fieldwork with local marketing and relationship-building, so comfort developing commercial accounts and managing a mobile schedule matters as much as manual skill.