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LAST UPDATED:&nbsp;October 24, 2023 FRANCHISE WEBSITE:&nbsp;<a href="https://www.reupliving.com/franchise?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-reup-franchise-costs-fees-profit-and-data-2724054" target="_blank" rel="nofollow">https://www.reupliving.com/franchise</a> NUMBER OF LOCATIONS:&nbsp;12 REPORTED COST TO GET IN:&nbsp;$45,000 REPORTED ROI (Item 19):&nbsp;N/A<a href="https://www.reupliving.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-reup-franchise-costs-fees-profit-and-data-2724054" target="_blank" rel="nofollow">ReUp Living</a> is a real estate startup franchise that helps homeowners sell their homes for more by fronting the remodeling costs and managing all renovations. The brand partners with realtors nationwide to expand the services they offer their clients, as well as boost their commissions and handle project management on their behalf.&nbsp;ReUp was established in 2021 by founder&nbsp;<a href="https://www.linkedin.com/in/ryansawchuk/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-reup-franchise-costs-fees-profit-and-data-2724054" target="_blank" rel="nofollow">Ryan Sawchuk</a>, and soon began offering franchise opportunities. By 2022, the brand had onboarded its first three franchisees in Houston and South Dallas, Texas as well as Las Vegas, Nevada.<figure class="media"><div data-oembed-url="https://www.youtube.com/watch?v=2ZQLZ6tMDVM"><div class="iframely-embed"><div class="iframely-responsive"><iframe src="//cdn.iframe.ly/api/iframe?app=1&amp;api_key=fd3b6b3731f34f55ba1fe3&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3D2ZQLZ6tMDVM" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen=""></iframe></div></div></div></figure><h2>How Many ReUp Living Locations Are There?</h2>As of October 2023, ReUp Living has signed on 12 total franchisees across Michigan, Texas, Nevada, Colorado, Florida and Idaho. The brand also has two corporate locations in Austin and San Antonio, Texas and has recently been approved to sell in Maryland and Arizona. ReUp Living is not currently offering franchise opportunities in the following states:&nbsp;<ul><li>California</li><li>Minnesota</li><li>New York</li><li>North Dakota</li><li>Rhode Island</li><li>Hawaii</li><li>Washington</li><li>Wisconsin</li></ul><h2>What Is ReUp Living’s Business Model?</h2>ReUp’s business model is focused on partnering with home sellers to remodel and increase the value of their home before they list it on the market. In an interview with&nbsp;<a href="https://www.youtube.com/watch?v=yt_hrhFCWww&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-reup-franchise-costs-fees-profit-and-data-2724054" target="_blank" rel="nofollow">1851 Franchise</a>, ReUp’s Vice President of Operations&nbsp;<a href="https://www.linkedin.com/in/andrewwmitchellctfa/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-reup-franchise-costs-fees-profit-and-data-2724054" target="_blank" rel="nofollow">Andrew Mitchell</a> said the brand combines “all aspects of the home renovation process into a seamless offering for homeowners with no out of pocket costs.”&nbsp;According to the brand’s consumer-facing website, ReUp fronts all the renovation costs and manages everything from the remodel itself, to the contractors, budget and materials, and then splits the profit it created with the homeowner at closing time, which can generate between a 30% and 50% cash on cash return over four months. The brand completes roughly 80% to 90% of the renovation and then lets potential buyers choose the finishing touches on the home.&nbsp;For prospective franchisees, Mitchell described ReUp as being a “very involved franchisor,” that takes care of everything from the underwriting on the backend, all sourcing of the capital, all of the real operations of the business, so that franchisees can be “solely focused on their sales pipeline, generating leads, and focused on creating great customer experiences.”&nbsp;The ideal franchise candidate should have real estate and project management experience, and be good at building relationships. However, franchisees do not require a physical storefront and can get started with just a car, cellphone and good internet connection, so they can begin to find prospective deals and renovation projects.&nbsp;<figure class="media"><div data-oembed-url="https://www.youtube.com/watch?v=TI2KGxjPTeA&amp;t=15s"><div class="iframely-embed"><div class="iframely-responsive"><iframe src="//cdn.iframe.ly/api/iframe?app=1&amp;api_key=fd3b6b3731f34f55ba1fe3&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DTI2KGxjPTeA%26t%3D15s" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen=""></iframe></div></div></div></figure><h2>How Much Can ReUp Living Franchise Owners Make?</h2>ReUp Living does not have a publicly available Item 19. To learn more,&nbsp;<a href="https://www.reupliving.com/contact-us?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-reup-franchise-costs-fees-profit-and-data-2724054" target="_blank" rel="nofollow">contact the team</a> about reading the Franchise Disclosure Document (FDD), which will state the total earnings of any company or franchise-owned unit as a reference.<h2>How Much Does It Cost To Open a ReUp Living Franchise?</h2>As of the publishing of this story, the initial investment cost to franchise is $45,000. This fee guarantees franchisees will have exclusive rights to a protected territory of up to one million people.<h2>Who’s On ReUp Living’s Leadership Team?</h2><ul><li><a href="https://www.linkedin.com/in/ryansawchuk/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-reup-franchise-costs-fees-profit-and-data-2724054" target="_blank" rel="nofollow">Ryan Sawchuk – Founder&nbsp;</a></li><li><a href="https://www.linkedin.com/in/andrewwmitchellctfa/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-reup-franchise-costs-fees-profit-and-data-2724054" target="_blank" rel="nofollow">Andrew Mitchell – Founding Partner and Vice President of Operations</a></li></ul><h2>What Helpful Articles Can I Read to Learn More About ReUp Living?</h2><ul><li><a href="https://www.youtube.com/watch?v=2ZQLZ6tMDVM&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-reup-franchise-costs-fees-profit-and-data-2724054" target="_blank" rel="nofollow">ReUp Founding Story: Rebuilding Dreams, One Home at a Time&nbsp;</a></li><li><a href="https://www.youtube.com/watch?v=TI2KGxjPTeA&amp%3Bt=15s&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-reup-franchise-costs-fees-profit-and-data-2724054" target="_blank" rel="nofollow">ReUp: How This StartUp is Changing Real Estate for Sellers and Buyers</a></li><li><a href="https://www.linkedin.com/company/reuprealestate/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-reup-franchise-costs-fees-profit-and-data-2724054" target="_blank" rel="nofollow">ReUp Living LinkedIn Profile&nbsp;</a></li><li><a href="https://www.crunchbase.com/organization/reup-living?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-reup-franchise-costs-fees-profit-and-data-2724054" target="_blank" rel="nofollow">ReUp Living Profile | Crunchbase&nbsp;</a></li><li><a href="https://www.youtube.com/watch?v=DcceVZwbkF0&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-reup-franchise-costs-fees-profit-and-data-2724054" target="_blank" rel="nofollow">ReUp Franchisee Testimonial | Chris Sears of Houston, Texas&nbsp;</a></li></ul>Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction. All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content. &nbsp;

Franchise Deep Dive: ReUp Franchise Costs, Fees, Profit and Data

1851 Franchise

Despite being relatively new to the franchise space, ReUp Living has established a solid business model and has forged a path to success with 12 franchisees and counting. 

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