Start-Up Costs and Fees |
||
| 5 Day Kitchens | Basement Living Systems USA | |
| Investment | 88100 - 375600 | 190000 - 320000 |
| Franchise Fee | ||
| Royalty Fee | 4 - 5% Sliding Scale | 4% |
| Advertising Fee | 1% | |
| Year Founded | 2008 | 1953 |
| Year Franchised | 2012 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| 5 Day Kitchens | Basement Living Systems USA | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | |
Financing Options |
||
| 5 Day Kitchens | Basement Living Systems USA | |
| 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 | Basement Living Systems USA | |
| 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 | Initial one week orientation and ongoing |
| Support | Newsletter, Meetings, Toll-free phone line, Grand Opening, Internet, Field Operations/Evaluations, Purchasing Cooperatives, Lease Negotiation | |
| 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 | Marketing materials are created and available |
| 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). | |
Expansion Plans |
||
| 5 Day Kitchens | Basement Living Systems USA | |
| 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 | 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 | |
| Basement Living Systems USA | |
| Franchise Fee | |
| 5 Day Kitchens | |
| Basement Living Systems USA | |
| Royalty Fee | |
| 5 Day Kitchens | 4 - 5% Sliding Scale |
| Basement Living Systems USA | 4% |
| Advertising Fee | |
| 5 Day Kitchens | |
| Basement Living Systems USA | 1% |
| Year Founded | |
| 5 Day Kitchens | 2008 |
| Basement Living Systems USA | 1953 |
| Year Franchised | |
| 5 Day Kitchens | 2012 |
| Basement Living Systems USA | 2008 |
| Term Of Agreement | |
| 5 Day Kitchens | |
| Basement Living Systems USA | 5 years +5+5+5 |
| Renewal Fee | |
| 5 Day Kitchens | |
| Basement Living Systems USA | $5,000 |
Business Experience Requirements |
|
| Experience | |
| 5 Day Kitchens | |
| Basement Living Systems USA | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
Financing Options |
|
| Franchise Fees | |
| 5 Day Kitchens | Yes |
| Basement Living Systems USA | Yes |
| Start-up Costs | |
| 5 Day Kitchens | |
| Basement Living Systems USA | |
| Equipment | |
| 5 Day Kitchens} | |
| Basement Living Systems USA | |
| Inventory | |
| 5 Day Kitchens | |
| Basement Living Systems USA | |
| Receivables | |
| 5 Day Kitchens | |
| Basement Living Systems USA | |
| Payroll | |
| 5 Day Kitchens | |
| Basement Living Systems USA | |
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 |
| Basement Living Systems USA | Initial one week orientation and ongoing |
| Support | |
| 5 Day Kitchens | Newsletter, Meetings, Toll-free phone line, Grand Opening, Internet, Field Operations/Evaluations, Purchasing Cooperatives, Lease Negotiation |
| Basement Living Systems USA | |
| 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 |
| Basement Living Systems USA | Marketing materials are created and available |
| 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). |
| Basement Living Systems USA | |
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 |
| Basement Living Systems USA | 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 | |
| 5 Day Kitchens | |
| Basement Living Systems USA | |
| International Expansion | |
| 5 Day Kitchens | Canada, |
| Basement Living Systems USA | |