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Below is an in-depth analysis and side-by-side comparison of Candlewick Homes 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 | $300,000 - $1,300,000 | $88,100 - $375,600 |
Franchise Fee | $50,000 | $27,000 - $95,000 |
Royalty Fee | 5% | 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/No | Yes/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | 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 | No |
International Expansion | No | Yes |
Candlewick Homes has over sixteen years of wide ranging experience building exquisite and dependable homes. Originating in Dallas/Ft. Worth in the late 80's, Candlewick Homes overcame the tough economic times to become an award winning builder. After years of homebuilding, Candlewick Homes is pioneering an exciting and ground breaking opportunity to help others who are looking to get into business for themselves, but not by themselves, and who realize that the homebuilding industry will continue to grow just as it has since the beginning of time. The experienced professionals of Candlewick Homes have devoted their practical and profitable know how in the homebuilding industry to incorporate the only national homebuilding franchise operation! Candlewick Homes is looking to extend to all parts of the US what has proved to be enormously successful in the Dallas/Ft. Worth area. Candlewick Homes is looking for motivated and energetic people who wish to improve their financial future and secure a rewarding and lucrative career. By becoming a Candlewick Homes' franchisee or area developer, you will enter an industry that is one of the key economic indicators and provides millions of jobs throughout the country. With the documented level of projected growth in the U.S. in the next 30 years, there will be an acute need for 58.9 million new residential homes. With the amazing growth trends in this industry, a Candlewick Homes franchise offers both an exceptional and promising opportunity for an established career, and a prosperous future.