Start-Up Costs and Fees |
||
| 5 Day Kitchens | Garage Living | |
| Investment | 88100 - 375600 | 236750 - 313500 |
| Franchise Fee | ||
| Royalty Fee | 4 - 5% Sliding Scale | 6.50% |
| Advertising Fee | 6% Local + 2% Nat'l | |
| Year Founded | 2008 | 0 |
| Year Franchised | 2012 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| 5 Day Kitchens | Garage Living | |
| Experience | Garage Living franchise owners are not required to have prior construction or remodeling industry experience, but it can be helpful to understand the basics of running a business like ours. In fact, we welcome the opportunity to open a dialogue with existing similar or complementary home improvement businesses who wish to add the Garage Living system to their current operations. In general, we are seeking franchise candidates who have good communications and customer service skills, a strong work ethic, and a dedication to the local community. A solid understanding of business management is also important, and sales skills are also helpful. We expect that franchise owners have adequate capital to invest in the business, and we also expect franchise owners to be directly involved in the daily operations of the franchise business. But regardless of your background, we will provide the training and tools you need to run your Garage Living franchise effectively. | |
Financing Options |
||
| 5 Day Kitchens | Garage Living | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| 5 Day Kitchens | Garage Living | |
| 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 | Pre-Opening Training: including classroom and hands-on exercises, plus on-site training with a Garage Living representative at your location. |
| Support | Newsletter, Meetings, Toll-free phone line, Grand Opening, Internet, Field Operations/Evaluations, Purchasing Cooperatives, Lease Negotiation | Ongoing Support: including updates, remote assistance, refresher training programs and business planning meetings. |
| 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 Assistance: including a professionally-developed library of project photographs (before and after), customizable marketing materials, online tools, and more. |
| 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 | Garage Living | |
| 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 | |
| Garage Living | |
| Franchise Fee | |
| 5 Day Kitchens | |
| Garage Living | |
| Royalty Fee | |
| 5 Day Kitchens | 4 - 5% Sliding Scale |
| Garage Living | 6.50% |
| Advertising Fee | |
| 5 Day Kitchens | |
| Garage Living | 6% Local + 2% Nat'l |
| Year Founded | |
| 5 Day Kitchens | 2008 |
| Garage Living | 0 |
| Year Franchised | |
| 5 Day Kitchens | 2012 |
| Garage Living | 0 |
| Term Of Agreement | |
| 5 Day Kitchens | |
| Garage Living | 5 years +5+5+5 |
| Renewal Fee | |
| 5 Day Kitchens | |
| Garage Living | |
Business Experience Requirements |
|
| Experience | |
| 5 Day Kitchens | |
| Garage Living | Garage Living franchise owners are not required to have prior construction or remodeling industry experience, but it can be helpful to understand the basics of running a business like ours. In fact, we welcome the opportunity to open a dialogue with existing similar or complementary home improvement businesses who wish to add the Garage Living system to their current operations. In general, we are seeking franchise candidates who have good communications and customer service skills, a strong work ethic, and a dedication to the local community. A solid understanding of business management is also important, and sales skills are also helpful. We expect that franchise owners have adequate capital to invest in the business, and we also expect franchise owners to be directly involved in the daily operations of the franchise business. But regardless of your background, we will provide the training and tools you need to run your Garage Living franchise effectively. |
Financing Options |
|
| Franchise Fees | |
| 5 Day Kitchens | Yes |
| Garage Living | Yes |
| Start-up Costs | |
| 5 Day Kitchens | |
| Garage Living | |
| Equipment | |
| 5 Day Kitchens} | |
| Garage Living | |
| Inventory | |
| 5 Day Kitchens | |
| Garage Living | |
| Receivables | |
| 5 Day Kitchens | |
| Garage Living | |
| Payroll | |
| 5 Day Kitchens | |
| Garage Living | |
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 |
| Garage Living | Pre-Opening Training: including classroom and hands-on exercises, plus on-site training with a Garage Living representative at your location. |
| Support | |
| 5 Day Kitchens | Newsletter, Meetings, Toll-free phone line, Grand Opening, Internet, Field Operations/Evaluations, Purchasing Cooperatives, Lease Negotiation |
| Garage Living | Ongoing Support: including updates, remote assistance, refresher training programs and business planning meetings. |
| 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 |
| Garage Living | Marketing Assistance: including a professionally-developed library of project photographs (before and after), customizable marketing materials, online tools, and more. |
| 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). |
| Garage Living | |
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 |
| Garage Living | |
| Canada Expansion | |
| 5 Day Kitchens | |
| Garage Living | |
| International Expansion | |
| 5 Day Kitchens | Canada, |
| Garage Living | |