Epcon Communities vs Mimi Home Solutions Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Epcon Communities vs Mimi Home Solutions including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Epcon Communities Franchise
Mimi Home Solutions Franchise
Investment $887,200 - $4,569,000N/A
Franchise Fee $50,000N/A
Royalty Fee 1% to 2%-
Advertising Fee $500/ month-
Year Founded 19862002
Year Franchised 19952003
Term Of Agreement Completion of 1 market area-
Term Of Agreement Completion of 1 market area-
Renewal Fee $25000-


Business Experience Requirements
 
Epcon Communities Franchise
Mimi Home Solutions Franchise
Experience
  • General business experience
  • Upper management experience
    		• -

    Financing Options
     
    Epcon Communities Franchise
    Mimi Home Solutions Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Epcon Communities Franchise
    Mimi Home Solutions Franchise
    Training Available at headquarters-
    Support Toll-free phone line, field consultants, Intranet, marketing, training-
    Marketing Marketing plans, materials, field support-
    Operations

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Epcon Communities Franchise
    Mimi Home Solutions Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Epcon Communities

    In 1986, Philip Fankhauser and Edward Bacome founded Epcon Homes & Communities in Columbus, OH when they built their first residential community. Three years later, a local builder who wanted to utilize their successful design and floor plans for a community in a nearby city approached the duo. The partners were hesitant to license their already proven system out to other builders and, at the time, had little interest in expanding outside of the Columbus market. However, their designs and floor plans became so widely popular that others also soon came calling, seeking to build an Epcon Homes & Communities-style development in neighboring cities or in outlying areas of Ohio. Fankhauser and Bacome finally granted the first license to use their successful construction plans and the franchising concept was born. The company began franchising in 1995 and has not looked back. Epcon Communities and its franchisees built over 25,000 homes and established franchises in 30 states.
    Epcon is seeking new franchise units throughout the U.S.
    Epcon's long-term goal is to expand into all 50 states, Canada and Central America.

    "Entrepreneur
    #398 in Franchise 500 for 2020.





    About Mimi Home Solutions