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Updated RecentlyMimi Home Solutions vs 5 Day Kitchens Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mimi Home Solutions vs 5 Day Kitchens including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | N/A | $88,100 - $375,600 |
| Franchise Fee | N/A | $27,000 - $95,000 |
| Royalty Fee | - | 4 - 5% Sliding Scale |
| Advertising Fee | - | - |
| Year Founded | 2002 | 2008 |
| Year Franchised | 2003 | 2012 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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/Yes |
| Start-up Costs | -/- | No/Yes |
| Equipment | -/- | No/Yes |
| Inventory | -/- | No/Yes |
| Receivables | -/- | No/Yes |
| Payroll | -/- | No/Yes |
Training & Support |
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| 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 | - | Newsletter, Meetings, Toll-free phone line, Grand Opening, Internet, Field Operations/Evaluations, Purchasing Cooperatives, Lease Negotiation |
| 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 |
| 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 |
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| US Expansion | - | Yes |
| Canada Expansion | - | No |
| International Expansion | - | Yes |
Company Overviews
About Mimi Home Solutions