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Fibrenew Franchising

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uuid000wg4k

Namestring
Fibrenew Franchising
Legal namestring
Fibrenew International
Company typeenum
Private
Founded yearint
1987
Descriptiontext

Fibrenew International is a private Canadian-founded franchise company, established in 1985 with franchising commencing in 1987, specializing in mobile restoration of leather, plastic, and vinyl surfaces. The company operates a franchise model with more than 300 locations globally, selling exclusive-territory franchise rights to individual entrepreneurs who deliver on-site restoration services across six verticals: automotive, residential, commercial, medical, marine, and aviation. Its core offering pairs proprietary restoration chemistry and processes with mobile service delivery, positioning itself as a cost-effective and environmentally sustainable alternative to replacement.

The business model is a classic franchise royalty and fee structure: Fibrenew generates revenue from initial franchise fees, ongoing royalty payments tied to franchisee revenue, training programs, and proprietary product/supply sales to its network. Franchisees receive comprehensive initial training, ongoing field support, marketing systems, and access to proprietary products that the company states cannot be replicated via off-the-shelf alternatives. Go-to-market is a direct franchise sales motion driven by website content, live webinars, social media, blog/white paper publishing, and inbound phone inquiries (877-311-2330).

The company maintains a lean corporate staff (11-50 employees) supporting the franchise network, with a training facility in Canada and operations spanning the US and international markets. Fibrenew holds recognized brand credentials, including Entrepreneur Magazine's Franchise 500 ranking (#1 in HR, #72 overall in 2024) and multiple Franchise Business Review awards (Franchisee Satisfaction, Franchise Culture, Franchise Rockstar, Top Franchises for Veterans, Most Innovative, and Top Franchises for Women). Geographic expansion is constrained in 14 US states, indicating untapped runway within the United States. No public funding, M&A activity, or AI/technology platform is disclosed.

Short descriptiontext

Fibrenew International is a private franchise company operating 300+ global locations that specialize in mobile restoration of leather, plastic, and vinyl surfaces across automotive, residential, commercial, medical, marine, and aviation verticals, generating revenue through franchise fees, royalties, and proprietary product sales.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersBlack Diamond, Canada
HQ citystring
Black Diamond
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
leather restoration services, vinyl repair franchise, plastic restoration services, mobile furniture repair, automotive interior restoration
Industry1 code
1Repair, Refurbishment & Upcycling Services (Industrial Scale)
CodeIMAOAMAKPrimaryYes
NAICS code1 code
  • Footwear and Leather Goods Repair811430
Product category
Franchise Restoration Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Franchise Fees and Royalty Revenue
TypeLicensing Royalties
Description

Fibrenew generates revenue through initial franchise fees from new franchise owners and ongoing royalty payments based on franchisee revenue. This franchise model provides recurring revenue streams from a network of 300+ global locations.

fibrenew.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Marketing or Sales, Operations, Supply Chain, Technology or R&D
Pricing details1 tier
1Franchise opportunity investment range not publicly disclosed
ModelOtherBilling cadenceAnnual
Notes

Investment details available through direct inquiry via phone (877-311-2330) or website contact form. No specific pricing tiers disclosed on franchising page.

fibrenew.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Fibrenew sells franchise rights for a mobile leather, plastic, and vinyl restoration business and supplies franchisees with proprietary products, processes, training, and ongoing support. Franchise owners then deliver on-site restoration services across automotive, residential, commercial, medical, marine, and aviation markets as a cost-effective, eco-friendly alternative to replacing worn surfaces. The franchise system has grown to more than 300 locations globally since starting franchising in 1987.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Fibrenew is a franchise company offering leather, plastic, and vinyl restoration services as a recession-resistant business model. The company operates on a franchise structure with over 300 franchise locations worldwide. The core offering consists of mobile restoration services that provide consumers and businesses an eco-friendly, cost-effective alternative to replacement. Franchise owners receive training, proprietary products, marketing strategies, and ongoing field support. The company serves diverse markets including automotive, residential, commercial, medical, marine, and aviation sectors. Founded in 1987, Fibrenew emphasizes that its processes and products cannot be outsourced or replaced by AI, positioning the restoration expertise as the key differentiator.

Product and service2 records
1Fibrenew Franchise Ownership
CategoryFranchise Opportunity
Description

Turnkey franchise opportunity sold to entrepreneurs who then operate mobile leather, plastic, and vinyl restoration businesses in assigned territories; includes proprietary products, initial training, ongoing support, marketing, and access to Fibrenew's processes.

2Leather, Plastic & Vinyl Restoration Services
CategoryRestoration Services
Description

Mobile on-site restoration service that repairs and refinishes worn leather, plastic, and vinyl surfaces, delivered by Fibrenew franchise technicians to residential, automotive, commercial, medical, marine, and aviation customers as an alternative to replacement.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierMinorTypeOthers
Description

Fibrenew proudly supports the Red Cross as part of their charitable giving and community support initiatives.

Strategic tierMinorTypeOthers
Description

Fibrenew proudly supports The Salvation Army as part of their charitable giving and community support initiatives.

Strategic tierMinorTypeOthers
Description

Fibrenew proudly supports Habitat for Humanity's ReStore program as part of their charitable giving and community support initiatives aligned with their environmental sustainability mission.

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Color Glo International is the closest direct peer — a franchise system specializing in leather, vinyl, and fabric restoration/recoloring across automotive, residential, commercial, and aviation sectors. Operates an identical mobile-service franchise model targeting entrepreneurs, with proprietary dyes and processes analogous to Fibrenew's offerings.

TypeDirect peer
Description

COIT is a franchise system providing specialty cleaning and restoration services for carpets, upholstery, draperies, and tile/grout. Overlaps with Fibrenew on upholstery/fabric restoration, mobile in-home service, and franchise-based GTM targeting SMB/individual entrepreneurs.

TypeDirect peer
Description

Stanley Steemer is a large-scale, well-established mobile cleaning and restoration franchise — carpet, upholstery, tile, and leather/vinyl surfaces. Highly comparable on franchise structure, mobile service delivery, recurring revenue model, and breadth of in-home/in-business restoration services for fabric and fiber-based materials.

TypeBroad incumbent
Description

Maaco is the largest franchised automotive paint and refinishing brand in North America, serving the same end customers (auto owners) for cost-effective alternative-to-replacement services. Comparable on franchise structure, automotive-services thesis of 'repair vs. replace', and large multi-decade franchise footprint — though focused on collision/paint rather than interior surfaces.

5Gerry's Auto Trim & Upholstery
TypeEmerging player
Description

Gerry's Auto Trim is a smaller, less nationally scaled leather/vinyl restoration and upholstery specialist for automotive interiors. Comparable on service offering and materials, but largely operator-owned single shop and regional, not franchise platform — relevant as a competitor in the supply-side rather than as a franchise system.

TypeBroad incumbent
Description

ServiceMaster Restore is the franchise restoration arm of the larger ServiceMaster brand, covering water, fire, mold, and content restoration. Comparable on franchise structure and restoration service delivery to businesses and consumers, but operates in a much broader restoration portfolio rather than specialized leather/vinyl work.

TypeEmerging player
Description

Tint World is an automotive aftermarket franchise offering window tint, wraps, electronics, and interior restoration services to vehicle owners. Comparable as a mobile/retail-mixed automotive-services franchise targeting similar dealerships, fleets, and consumers, though specializing in different aftermarket categories.

TypeBroad incumbent
Description

PuroClean is a national franchise providing property damage restoration (water, fire, mold, biohazard). Comparable as a franchise-led restoration services platform with recurring content restoration work, but operating in a much wider incident-driven restoration category than Fibrenew's elective maintenance/restoration focus.

TypeBroad incumbent
Description

Rainbow International is a Neighborly company franchise specializing in fire/water damage restoration and content cleaning including fabric and upholstery items. Comparable on franchise-driven restoration services for fabric-based residential and commercial contents, though broader in scope than leather/vinyl specialization.

TypeDirect peer
Description

Chem-Dry is a global carpet and upholstery cleaning franchise with similar mobile-service economics, franchise-fee/royalty revenue model, and end-customer overlap in residential and commercial furniture/upholstery restoration. Comparable as a franchise-platform peer with a long operating history.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Fibrenew Franchising

Franchise Restoration Servicesfibrenew-franchising.com

Fibrenew International is a private franchise company operating 300+ global locations that specialize in mobile restoration of leather, plastic, and vinyl surfaces across automotive, residential, commercial, medical, marine, and aviation verticals, generating revenue through franchise fees, royalties, and proprietary product sales.

What Fibrenew Franchising does

Fibrenew International is a private Canadian-founded franchise company, established in 1985 with franchising commencing in 1987, specializing in mobile restoration of leather, plastic, and vinyl surfaces. The company operates a franchise model with more than 300 locations globally, selling exclusive-territory franchise rights to individual entrepreneurs who deliver on-site restoration services across six verticals: automotive, residential, commercial, medical, marine, and aviation. Its core offering pairs proprietary restoration chemistry and processes with mobile service delivery, positioning itself as a cost-effective and environmentally sustainable alternative to replacement.

The business model is a classic franchise royalty and fee structure: Fibrenew generates revenue from initial franchise fees, ongoing royalty payments tied to franchisee revenue, training programs, and proprietary product/supply sales to its network. Franchisees receive comprehensive initial training, ongoing field support, marketing systems, and access to proprietary products that the company states cannot be replicated via off-the-shelf alternatives. Go-to-market is a direct franchise sales motion driven by website content, live webinars, social media, blog/white paper publishing, and inbound phone inquiries (877-311-2330).

The company maintains a lean corporate staff (11-50 employees) supporting the franchise network, with a training facility in Canada and operations spanning the US and international markets. Fibrenew holds recognized brand credentials, including Entrepreneur Magazine's Franchise 500 ranking (#1 in HR, #72 overall in 2024) and multiple Franchise Business Review awards (Franchisee Satisfaction, Franchise Culture, Franchise Rockstar, Top Franchises for Veterans, Most Innovative, and Top Franchises for Women). Geographic expansion is constrained in 14 US states, indicating untapped runway within the United States. No public funding, M&A activity, or AI/technology platform is disclosed.

Fibrenew Franchising firmographics

Firmographics
Name
Fibrenew Franchising
Legal name
Fibrenew International
Website
https://fibrenew-franchising.com
Company type
Private
Founded year
1987
Operating status
Operating
Headcount range
11–50 employees
Short description
Fibrenew International is a private franchise company operating 300+ global locations that specialize in mobile restoration of leather, plastic, and vinyl surfaces across automotive, residential, commercial, medical, marine, and aviation verticals, generating revenue through franchise fees, royalties, and proprietary product sales.
Ownership category
akta.pro rank

Fibrenew Franchising industry classification

Industry
Product category
Franchise Restoration Services
NAICS
Footwear and Leather Goods Repair (811430)
akta.pro primary industry
Repair, Refurbishment & Upcycling Services (Industrial Scale) (IMAOAMAK)

Keywords

  • Leather restoration services
  • Vinyl repair franchise
  • Plastic restoration services
  • Mobile furniture repair
  • Automotive interior restoration

Where Fibrenew Franchising is headquartered

Location

Headquarters

HQ city
Black Diamond
HQ country
Canada
HQ region
North America

Offices1 record

Markets served

Fibrenew Franchising business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Marketing or Sales, Operations, Supply Chain, Technology or R&D

Revenue model

  1. Franchise Fees and Royalty Revenue: Fibrenew generates revenue through initial franchise fees from new franchise owners and ongoing royalty payments based on franchisee revenue. This franchise model provides recurring revenue streams from a network of 300+ global locations.

Pricing tiers

ModelBillingPrice
OtherAnnualFranchise opportunity investment range not publicly disclosed

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Fibrenew Franchising product offering

Product offering

Core offering

Fibrenew sells franchise rights for a mobile leather, plastic, and vinyl restoration business and supplies franchisees with proprietary products, processes, training, and ongoing support. Franchise owners then deliver on-site restoration services across automotive, residential, commercial, medical, marine, and aviation markets as a cost-effective, eco-friendly alternative to replacing worn surfaces. The franchise system has grown to more than 300 locations globally since starting franchising in 1987.

Product overview

Fibrenew is a franchise company offering leather, plastic, and vinyl restoration services as a recession-resistant business model. The company operates on a franchise structure with over 300 franchise locations worldwide. The core offering consists of mobile restoration services that provide consumers and businesses an eco-friendly, cost-effective alternative to replacement. Franchise owners receive training, proprietary products, marketing strategies, and ongoing field support. The company serves diverse markets including automotive, residential, commercial, medical, marine, and aviation sectors. Founded in 1987, Fibrenew emphasizes that its processes and products cannot be outsourced or replaced by AI, positioning the restoration expertise as the key differentiator.

Differentiator

Problem solved

Functional benefit

Products and services

  • Fibrenew Franchise Ownership Turnkey franchise opportunity sold to entrepreneurs who then operate mobile leather, plastic, and vinyl restoration businesses in assigned territories; includes proprietary products, initial training, ongoing support, marketing, and access to Fibrenew's processes.
  • Leather, Plastic & Vinyl Restoration Services Mobile on-site restoration service that repairs and refinishes worn leather, plastic, and vinyl surfaces, delivered by Fibrenew franchise technicians to residential, automotive, commercial, medical, marine, and aviation customers as an alternative to replacement.

Companies that use Fibrenew Franchising

Customer profile

Segments6 records

Ideal customer profiles2 records

Fibrenew Franchising technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Fibrenew Franchising partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered minor.

  • Red CrossminorOthersFibrenew proudly supports the Red Cross as part of their charitable giving and community support initiatives.
  • The Salvation ArmyminorOthersFibrenew proudly supports The Salvation Army as part of their charitable giving and community support initiatives.
  • Habitat for Humanity ReStoreminorOthersFibrenew proudly supports Habitat for Humanity's ReStore program as part of their charitable giving and community support initiatives aligned with their environmental sustainability mission.

Scale indicators4 records

Recent moves4 records

Expansion highlights4 records

Fibrenew Franchising competitors and assessment

Company assessment

Direct peers

  • Color Glo International: Color Glo International is the closest direct peer — a franchise system specializing in leather, vinyl, and fabric restoration/recoloring across automotive, residential, commercial, and aviation sectors. Operates an identical mobile-service franchise model targeting entrepreneurs, with proprietary dyes and processes analogous to Fibrenew's offerings.
  • COIT Cleaning and Restoration Services: COIT is a franchise system providing specialty cleaning and restoration services for carpets, upholstery, draperies, and tile/grout. Overlaps with Fibrenew on upholstery/fabric restoration, mobile in-home service, and franchise-based GTM targeting SMB/individual entrepreneurs.
  • Stanley Steemer International: Stanley Steemer is a large-scale, well-established mobile cleaning and restoration franchise — carpet, upholstery, tile, and leather/vinyl surfaces. Highly comparable on franchise structure, mobile service delivery, recurring revenue model, and breadth of in-home/in-business restoration services for fabric and fiber-based materials.
  • Chem-Dry: Chem-Dry is a global carpet and upholstery cleaning franchise with similar mobile-service economics, franchise-fee/royalty revenue model, and end-customer overlap in residential and commercial furniture/upholstery restoration. Comparable as a franchise-platform peer with a long operating history.

Broad incumbents

  • Maaco: Maaco is the largest franchised automotive paint and refinishing brand in North America, serving the same end customers (auto owners) for cost-effective alternative-to-replacement services. Comparable on franchise structure, automotive-services thesis of 'repair vs. replace', and large multi-decade franchise footprint — though focused on collision/paint rather than interior surfaces.
  • ServiceMaster Restore: ServiceMaster Restore is the franchise restoration arm of the larger ServiceMaster brand, covering water, fire, mold, and content restoration. Comparable on franchise structure and restoration service delivery to businesses and consumers, but operates in a much broader restoration portfolio rather than specialized leather/vinyl work.
  • PuroClean: PuroClean is a national franchise providing property damage restoration (water, fire, mold, biohazard). Comparable as a franchise-led restoration services platform with recurring content restoration work, but operating in a much wider incident-driven restoration category than Fibrenew's elective maintenance/restoration focus.
  • Rainbow International Restoration: Rainbow International is a Neighborly company franchise specializing in fire/water damage restoration and content cleaning including fabric and upholstery items. Comparable on franchise-driven restoration services for fabric-based residential and commercial contents, though broader in scope than leather/vinyl specialization.

Emerging players

  • Gerry's Auto Trim & Upholstery: Gerry's Auto Trim is a smaller, less nationally scaled leather/vinyl restoration and upholstery specialist for automotive interiors. Comparable on service offering and materials, but largely operator-owned single shop and regional, not franchise platform — relevant as a competitor in the supply-side rather than as a franchise system.
  • Tint World: Tint World is an automotive aftermarket franchise offering window tint, wraps, electronics, and interior restoration services to vehicle owners. Comparable as a mobile/retail-mixed automotive-services franchise targeting similar dealerships, fleets, and consumers, though specializing in different aftermarket categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

Fibrenew Franchising social profiles

Digital presence

Fibrenew Franchising financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Fibrenew Franchising leadership team

Management profile

Number of profiles

Profiles1 record

Fibrenew Franchising funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Fibrenew Franchising M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fibrenew Franchising

What does Fibrenew Franchising do?

Fibrenew sells franchise rights for a mobile leather, plastic, and vinyl restoration business and supplies franchisees with proprietary products, processes, training, and ongoing support. Franchise owners then deliver on-site restoration services across automotive, residential, commercial, medical, marine, and aviation markets as a cost-effective, eco-friendly alternative to replacing worn surfaces. The franchise system has grown to more than 300 locations globally since starting franchising in 1987.

Is Fibrenew Franchising a public or private company?

Fibrenew Franchising is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Fibrenew Franchising founded?

Fibrenew Franchising was founded in 1987. It employs 11 to 50 people.

Where is Fibrenew Franchising based?

Fibrenew Franchising is headquartered in Black Diamond, Canada, in the North America region.

How does Fibrenew Franchising make money?

One revenue line is on record: franchise Fees and Royalty Revenue.

Who are Fibrenew Franchising's main competitors?

Direct peers on record are Color Glo International, COIT Cleaning and Restoration Services, Stanley Steemer International and Chem-Dry. Broad incumbents are Maaco, ServiceMaster Restore, PuroClean and Rainbow International Restoration. Emerging players are Gerry's Auto Trim & Upholstery and Tint World.

Does Fibrenew Franchising have an API?

No public API is recorded for Fibrenew Franchising.

What industry is Fibrenew Franchising in?

Fibrenew Franchising's product category is Franchise Restoration Services. Its primary akta.pro industry code is IMAOAMAK, Repair, Refurbishment & Upcycling Services (Industrial Scale). Its NAICS code is 811430.

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Live signals
PR NewswireFibrenew Offers Full-Service Support Through Entire Franchising LifecycleFibrenew, a mobile service franchise specializing in leather, plastic, vinyl, fabric, and upholstery repair, announced its franchise resale program designed to support franchisees throughout the entire lifecycle of their franchise ownership, including exit. The company highlighted that its resale strategy has facilitated over 36 franchise resales globally since 2016, with 25 occurring in the United States, demonstrating the program's success and the brand's sustainability.PR NewswireFibrenew Growth Surges Through Q2 as Recession-Proof Business Model Continues to Attract InvestorsFibrenew, a mobile franchise specializing in leather, plastic, vinyl, fabric, and upholstery repair, added 13 new franchisees in Q2 2022 across 9 U.S. states and 2 Canadian provinces, bringing its total system to 296 locations worldwide. The franchise was named to Franchise Business Review's 'Top 100 Recession-Proof Businesses' list and anticipates surpassing 300 locations by the end of Q3 2022, with 9 deals already confirmed for the quarter. Fibrenew's growth comes as inflation drives homeowners to seek cost-effective furniture repair services rather than replacements, positioning the brand as an eco-friendly alternative.PR NewswireFibrenew Closes Out Q1 with Cancun Opening, Surpasses 290 Franchise LocationsFibrenew, a mobile leather, plastic, vinyl, fabric, and upholstery repair franchise, signed 13 new franchisees in Q1 2022, bringing its total network to 292 locations worldwide, while also opening its first location in Cancun, Mexico. The franchise achieved record-breaking growth in 2021 with 40 signed agreements across 21 U.S. states and Saudi Arabia, and projects 15% growth for 2022 with plans to surpass 300 international locations by the end of Q2. Fibrenew was ranked on Franchise Business Review's Top Franchises for 2022 list for the fifth consecutive year and was named Best of 2022 by Franchise Journal Magazine.PR NewswireIn Demand Technicians Fuel Fibrenew's 200th U.S. Location and International ExpansionFibrenew has surpassed 200 mobile franchise units in the U.S. and is expanding its international presence with new locations in Brazil, Mexico, and following a recent launch in Saudi Arabia. The company reports strong demand for its repair services as homeowners seek to restore leather, vinyl, and upholstery items rather than replace them.PR NewswireFibrenew Now Launched in Saudi ArabiaFibrenew, a mobile leather, vinyl, plastic, fabric and upholstery repair service franchise, has officially launched in Saudi Arabia through entrepreneurs Ibrahim Alyahya and Fahad Aljuraibah, marking its entry into the Middle East market. This international expansion follows a successful first half of 2021 in which the brand added 20 new franchise partners across numerous U.S. states. The company is positioning itself within the $841.5 billion global repair and maintenance market, with President Jesse Johnstone expressing confidence in strong growth ahead as demand rises across residential and commercial sectors.PR NewswireMobile Franchise Fibrenew on the Move to Restore, Repair the Wear & Tear of the PandemicFibrenew, a mobile franchise specializing in leather, vinyl, plastic, fabric, and upholstery repair services, has launched a franchise expansion strategy to capitalize on unprecedented demand driven by the COVID-19 pandemic. The company signed 30 new franchise partners in 2020 and 10 new deals in 2021, targeting 35 additional franchise agreements by year-end with plans to consistently add 50 units per year based on demand. The increased demand stems from residential customers spending more time at home causing furniture wear, a rise in used car sales and reinvestment in existing vehicles boosting automotive upholstery repairs, and expected growth in medical and restaurant spaces as they reopen.