Fibrenew Asheville
Fibrenew franchise for sale in Mars Hill, North Carolina
List Price: $110,000 USD
Key Facts
Seasonal Business
No
Value of Inventory
Upon Inquiry
Value of Assets
Upon Inquiry
Year Established
2016
Business Operates From
My home
Location Is
N/A
Approx. Monthly Rent
N/A
Total Employees
Less than 10
About this Business
Fibrenew Asheville background and description from the owner, Julie Kapugi:
After years of working corporate killer hours at a computer desk job, I purchased the Fibrenew Asheville territory. This franchise has allowed me the flexibility of scheduling my own work hours, allowed me to travel, and also attend to my family obligations.
I have worked Fibrenew part-time to transition toward retirement. The movement and work within Fibrenew have improved my overall health and fitness level, and I sleep better. I have also developed excellent relationships with numerous businesses who make up my ongoing repeat customers. My business has an outstanding reputation for customer satisfaction as evidenced by more than fifty (50) 5-star Google reviews.
Growth opportunities
If I had been younger when I started Fibrenew and worked my business full-time, I would have added an administrative person and several technicians. There are more than enough untapped customers in this territory to support extensive business expansion. There are also significant growth opportunities in this area in furniture, medical, RV, and vinyl windows/doors (especially in new construction).
Asset Description
Vehicle negotiated separately - 2017 Nissan NV200 Cargo Van
Reason for Selling
The current owner of Fibrenew Asheville has been working part-time to transition towards retirement
Why I Love My Franchise
This franchise has allowed me the flexibility of scheduling my own work hours, allowed me to travel, and also attend to my family obligations.
About Fibrenew
Fibrenew specializes in the repair, cleaning, re-dyeing, and restoration of leather, vinyl, velour, and plastic materials. The franchise caters to a wide range of clients, including high-end lodges, homes, restaurants, and businesses in need of leather and vinyl work. Fibrenew’s services are versatile, covering homes, vehicles, boats, RVs, planes, hospitals, schools, shopping malls, and more. This flexibility makes it a valuable partner in both residential and commercial settings. The franchise offers significant B2B opportunities, particularly in luxurious lodges and construction companies needing PVC repair. Fibrenew’s expertise in bringing new life to worn-out materials allows it to serve diverse industries effectively.
Franchisee Support
Fibrenew provides 70 hours of classroom training plus on-the-job training as needed, ensuring franchisees are well-prepared. Ongoing corporate support includes operational assistance, proprietary software, a franchisee intranet, newsletters, and meetings/conventions. The franchisor also offers robust marketing support, including national media, SEO, email marketing, social media strategies, and ad templates to help franchisees grow their business.
Brand Accolades & Awards
Fibrenew has consistently ranked on the Entrepreneur Magazine Franchise 500 list since 2017, earning accolades in several categories, including Fastest Growing Franchises, Top Home-Based or Mobile Franchises, and Top Franchises Under $100,000. Additionally, Fibrenew has received recognition from Franchise Business Review, being named a Top Franchise, Recession-Proof Franchise, and Top Culture Franchise. These awards underscore Fibrenew’s strong reputation and appeal to potential franchisees.
Industry / Market
Fibrenew operates within the leather, plastic, and vinyl repair and restoration industry, which is projected to grow from $1.2 billion in 2022 to $1.5 billion by 2027, with a CAGR of 4.5%. Fibrenew’s focus on high-quality repair and restoration services across a broad range of materials sets it apart in this expanding market. The franchise's ability to serve both residential and commercial clients positions it well for sustained growth.
Ideal Owner
The ideal Fibrenew franchise owner is a skilled tradesperson with a passion for restoration and repair services. They should be detail-oriented, customer-focused, and capable of managing a mobile service team. A background in upholstery, leather repair, or related fields is highly beneficial. Strong business management skills and the ability to deliver high-quality service are essential for success in this hands-on franchise. Franchisees must not be color blind to run this business, given the nature of the work.