Start-Up Costs and Fees |
||
| 5 Day Kitchens | Closet & Storage Concepts | |
| Investment | 88100 - 375600 | 96500 - 499000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4 - 5% Sliding Scale | 5% |
| Advertising Fee | ||
| Year Founded | 2008 | 1987 |
| Year Franchised | 2012 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| 5 Day Kitchens | Closet & Storage Concepts | |
| Experience | General business experience Marketing skills Strong sales background a plus | |
Financing Options |
||
| 5 Day Kitchens | Closet & Storage Concepts | |
| 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 | Closet & Storage Concepts | |
| 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, 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, Regional advertising |
| 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). | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 12 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| 5 Day Kitchens | Closet & Storage Concepts | |
| 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, | Canada, Mexico, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| 5 Day Kitchens | |
| Closet & Storage Concepts | |
| Franchise Fee | |
| 5 Day Kitchens | |
| Closet & Storage Concepts | |
| Royalty Fee | |
| 5 Day Kitchens | 4 - 5% Sliding Scale |
| Closet & Storage Concepts | 5% |
| Advertising Fee | |
| 5 Day Kitchens | |
| Closet & Storage Concepts | |
| Year Founded | |
| 5 Day Kitchens | 2008 |
| Closet & Storage Concepts | 1987 |
| Year Franchised | |
| 5 Day Kitchens | 2012 |
| Closet & Storage Concepts | 2000 |
| Term Of Agreement | |
| 5 Day Kitchens | |
| Closet & Storage Concepts | 10 years |
| Renewal Fee | |
| 5 Day Kitchens | |
| Closet & Storage Concepts | Lesser of initial, current fee |
Business Experience Requirements |
|
| Experience | |
| 5 Day Kitchens | |
| Closet & Storage Concepts | General business experience Marketing skills Strong sales background a plus |
Financing Options |
|
| Franchise Fees | |
| 5 Day Kitchens | Yes |
| Closet & Storage Concepts | Yes |
| Start-up Costs | |
| 5 Day Kitchens | |
| Closet & Storage Concepts | |
| Equipment | |
| 5 Day Kitchens} | |
| Closet & Storage Concepts | |
| Inventory | |
| 5 Day Kitchens | |
| Closet & Storage Concepts | |
| Receivables | |
| 5 Day Kitchens | |
| Closet & Storage Concepts | |
| Payroll | |
| 5 Day Kitchens | |
| Closet & Storage Concepts | |
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 |
| Closet & Storage Concepts | |
| Support | |
| 5 Day Kitchens | Newsletter, Meetings, Toll-free phone line, Grand Opening, Internet, Field Operations/Evaluations, Purchasing Cooperatives, Lease Negotiation |
| Closet & Storage Concepts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, 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 |
| Closet & Storage Concepts | Co-op advertising, Ad slicks, National media, Regional advertising |
| 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). |
| Closet & Storage Concepts | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 12 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 |
| Closet & Storage Concepts | |
| Canada Expansion | |
| 5 Day Kitchens | |
| Closet & Storage Concepts | |
| International Expansion | |
| 5 Day Kitchens | Canada, |
| Closet & Storage Concepts | Canada, Mexico, |