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Below is an in-depth analysis and side-by-side comparison of Kitchen Solvers vs Mimi Home Solutions including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $88,031 - $113,292 | N/A |
Franchise Fee | $35,000 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | 1% | - |
Year Founded | 1982 | 2002 |
Year Franchised | 1984 | 2003 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Classroom Training: 10 days | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising | - |
Operations |
Franchise can be run from home. 56% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Kitchen Solvers franchisees provide custom and pre-built cabinetry, custom countertops, solid surfaces and kitchen accessories. Franchisees can also expand services to include cabinet, countertop and appliance recoloring, cabinet/wood restoration and cabinet reconditioning. Current franchisees and independent kitchen cabinet refacing businesses can acquire a Kitchen Solvers franchise for a reduced initial franchise fee.