RENUE FDD Summary
Type of Business
As a franchisee, you will operate a RENUE hotel hygiene carpet and upholstery cleaning business.
Corporate Information
Renue Systems Development Corp., Inc., formerly known as National Appeal Development Corp., Inc., is an Illinois corporation formed on December 20, 2000. Our principal business address is 1732 Armitage Court, Addison, Illinois 60101. We do business under our company name, Renue Systems Development Corp., Inc. and our trademark name, RENUE. We did business under the National Appeal name until March 2011.
Renue Systems, Inc., formerly known as National Appeal, Inc., is an affiliate of ours and related to us by common ownership (“RSI”). RSI sells equipment and supplies to you. The address for RSI is 1732 Armitage Court, Addison, Illinois 60101. RSI has also supplied independent distributors with carpet and upholstery cleaning equipment, supplies, training and marketing support since April 1999. Since April 1999, RSI has entered into agreements with three independent distributors for the carpet and upholstery cleaning equipment, supplies and training. RSI does not currently enter into these types of distribution agreements and it does not now offer, and has not ever offered, franchises in any line of business.
Investment
The total investment necessary to begin operation of a RENUE business is from $85,600 to $132,600. This includes $59,000 or $79,000, depending on whether you choose a mid-impact of high-impact market area, that must be paid to the franchisor or its affiliate.