Start-Up Costs and Fees |
||
| 5 Day Kitchens | Owens Corning Basement Finishing System | |
| Investment | 88100 - 375600 | 41000 - 167000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4 - 5% Sliding Scale | 5% |
| Advertising Fee | ||
| Year Founded | 2008 | 2000 |
| Year Franchised | 2012 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| 5 Day Kitchens | Owens Corning Basement Finishing System | |
| Experience | Industry experience General business experience Marketing skills Must have or obtain a general contracting license; specialty in-home selling | |
Financing Options |
||
| 5 Day Kitchens | Owens Corning Basement Finishing System | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| 5 Day Kitchens | Owens Corning Basement Finishing System | |
| Training | Available at headquarters: 5 Days Corporate University. At franchisee's location: As needed. Sales training, 2 days; Operations & startup training, 3 days; Installation training: 5 days | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand Opening, Internet, Field Operations/Evaluations, Purchasing Cooperatives, Lease Negotiation | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad slicks, Regional Advertising, Brochures, Catalogs, Coupons/Rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos, Website, Displays, Mobile Showrooms, Vehicle Wraps | Co-op advertising, Ad slicks, National media |
| Operations | 10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators). | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| 5 Day Kitchens | Owens Corning Basement Finishing System | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| 5 Day Kitchens | |
| Owens Corning Basement Finishing System | |
| Franchise Fee | |
| 5 Day Kitchens | |
| Owens Corning Basement Finishing System | |
| Royalty Fee | |
| 5 Day Kitchens | 4 - 5% Sliding Scale |
| Owens Corning Basement Finishing System | 5% |
| Advertising Fee | |
| 5 Day Kitchens | |
| Owens Corning Basement Finishing System | |
| Year Founded | |
| 5 Day Kitchens | 2008 |
| Owens Corning Basement Finishing System | 2000 |
| Year Franchised | |
| 5 Day Kitchens | 2012 |
| Owens Corning Basement Finishing System | 2000 |
| Term Of Agreement | |
| 5 Day Kitchens | |
| Owens Corning Basement Finishing System | 5 years |
| Renewal Fee | |
| 5 Day Kitchens | |
| Owens Corning Basement Finishing System | $9K |
Business Experience Requirements |
|
| Experience | |
| 5 Day Kitchens | |
| Owens Corning Basement Finishing System | Industry experience General business experience Marketing skills Must have or obtain a general contracting license; specialty in-home selling |
Financing Options |
|
| Franchise Fees | |
| 5 Day Kitchens | Yes |
| Owens Corning Basement Finishing System | Yes |
| Start-up Costs | |
| 5 Day Kitchens | |
| Owens Corning Basement Finishing System | |
| Equipment | |
| 5 Day Kitchens} | |
| Owens Corning Basement Finishing System | |
| Inventory | |
| 5 Day Kitchens | |
| Owens Corning Basement Finishing System | |
| Receivables | |
| 5 Day Kitchens | |
| Owens Corning Basement Finishing System | |
| Payroll | |
| 5 Day Kitchens | |
| Owens Corning Basement Finishing System | |
Training & Support |
|
| Training | |
| 5 Day Kitchens | Available at headquarters: 5 Days Corporate University. At franchisee's location: As needed. Sales training, 2 days; Operations & startup training, 3 days; Installation training: 5 days |
| Owens Corning Basement Finishing System | |
| Support | |
| 5 Day Kitchens | Newsletter, Meetings, Toll-free phone line, Grand Opening, Internet, Field Operations/Evaluations, Purchasing Cooperatives, Lease Negotiation |
| Owens Corning Basement Finishing System | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| 5 Day Kitchens | Ad slicks, Regional Advertising, Brochures, Catalogs, Coupons/Rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos, Website, Displays, Mobile Showrooms, Vehicle Wraps |
| Owens Corning Basement Finishing System | Co-op advertising, Ad slicks, National media |
| Operations | |
| 5 Day Kitchens | 10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators). |
| Owens Corning Basement Finishing System | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| 5 Day Kitchens | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Owens Corning Basement Finishing System | |
| Canada Expansion | |
| 5 Day Kitchens | |
| Owens Corning Basement Finishing System | |
| International Expansion | |
| 5 Day Kitchens | Canada, |
| Owens Corning Basement Finishing System | |