Start-Up Costs and Fees |
||
| Owens Corning Basement Finishing System | 5 Day Kitchens | |
| Investment | 41000 - 167000 | 88100 - 375600 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 4 - 5% Sliding Scale |
| Advertising Fee | ||
| Year Founded | 2000 | 2008 |
| Year Franchised | 2000 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Owens Corning Basement Finishing System | 5 Day Kitchens | |
| Experience | Industry experience General business experience Marketing skills Must have or obtain a general contracting license; specialty in-home selling | |
Financing Options |
||
| Owens Corning Basement Finishing System | 5 Day Kitchens | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Owens Corning Basement Finishing System | 5 Day Kitchens | |
| 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 | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand Opening, Internet, Field Operations/Evaluations, Purchasing Cooperatives, Lease Negotiation |
| Marketing | Co-op advertising, Ad slicks, National media | 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 |
| Operations | 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) | 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 |
||
| Owens Corning Basement Finishing System | 5 Day Kitchens | |
| 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 | |
| Owens Corning Basement Finishing System | |
| 5 Day Kitchens | |
| Franchise Fee | |
| Owens Corning Basement Finishing System | |
| 5 Day Kitchens | |
| Royalty Fee | |
| Owens Corning Basement Finishing System | 5% |
| 5 Day Kitchens | 4 - 5% Sliding Scale |
| Advertising Fee | |
| Owens Corning Basement Finishing System | |
| 5 Day Kitchens | |
| Year Founded | |
| Owens Corning Basement Finishing System | 2000 |
| 5 Day Kitchens | 2008 |
| Year Franchised | |
| Owens Corning Basement Finishing System | 2000 |
| 5 Day Kitchens | 2012 |
| Term Of Agreement | |
| Owens Corning Basement Finishing System | 5 years |
| 5 Day Kitchens | |
| Renewal Fee | |
| Owens Corning Basement Finishing System | $9K |
| 5 Day Kitchens | |
Business Experience Requirements |
|
| Experience | |
| Owens Corning Basement Finishing System | Industry experience General business experience Marketing skills Must have or obtain a general contracting license; specialty in-home selling |
| 5 Day Kitchens | |
Financing Options |
|
| Franchise Fees | |
| Owens Corning Basement Finishing System | No |
| 5 Day Kitchens | No |
| Start-up Costs | |
| Owens Corning Basement Finishing System | |
| 5 Day Kitchens | |
| Equipment | |
| Owens Corning Basement Finishing System} | |
| 5 Day Kitchens | |
| Inventory | |
| Owens Corning Basement Finishing System | |
| 5 Day Kitchens | |
| Receivables | |
| Owens Corning Basement Finishing System | |
| 5 Day Kitchens | |
| Payroll | |
| Owens Corning Basement Finishing System | |
| 5 Day Kitchens | |
Training & Support |
|
| Training | |
| Owens Corning Basement Finishing System | |
| 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 |
| Support | |
| Owens Corning Basement Finishing System | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives |
| 5 Day Kitchens | Newsletter, Meetings, Toll-free phone line, Grand Opening, Internet, Field Operations/Evaluations, Purchasing Cooperatives, Lease Negotiation |
| Marketing | |
| Owens Corning Basement Finishing System | Co-op advertising, Ad slicks, National media |
| 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 |
| Operations | |
| 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) |
| 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). |
Expansion Plans |
|
| US Expansion | |
| Owens Corning Basement Finishing System | |
| 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 |
| Canada Expansion | |
| Owens Corning Basement Finishing System | |
| 5 Day Kitchens | |
| International Expansion | |
| Owens Corning Basement Finishing System | |
| 5 Day Kitchens | Canada, |