| ||||
Updated RecentlyDry-B-Lo vs Mimi Home Solutions Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Dry-B-Lo vs Mimi Home Solutions including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $65,700 - $147,500 | N/A |
| Franchise Fee | $15,000 - $25,000 | N/A |
| Royalty Fee | 7.5% | - |
| Advertising Fee | - | - |
| Year Founded | 1993 | 2002 |
| Year Franchised | 1997 | 2003 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
Franchise can be run from home. 21% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 5
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Dry-B-Lo
Grant Moore's family had spent a lot of time and money building a deck and pouring concrete underneath it, but the area below was useless whenever it rained because water poured in. Moore knew there must be a way to keep the space below the deck dry. After working with an engineering firm for two years, Moore developed a drainage system that would not leak or collect debris. He filed patents and in 1993 founded Dry-B-Lo International Inc. to install his patented system of channels. This system, which is installed below a raised deck, helps convert a wet, unusable space into a dry, outdoor living space.
About Mimi Home Solutions