Episode Details

Episode 106: On this episode of Pursuit of Profit, Cliff talks with Mike Pearce, chief development officer of Renew Medic. We are diving into the $66 billion restoration industry. Born out of Service Masters' Furniture Medic brand, Renew Medic focuses on one of the most expensive and overlooked areas of the house - kitchen cabinets. Using their proprietary process, they save insurance companies and their clients time and money. The item 19 is 7 figures while only operating 5 days a week.

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Timestamps:

00:00 - Intro

01:50 - History of Renew Medic growing from Furniture Medic

06:48 - Why Renew Medic focuses on cabinetry?

12:26 - Marketing focus

21:43 - Why large territories?

28:43 - Franchisees vs corporate stores

31:07 - Goal for franchisees

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Links:

Renew Medic

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