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Updated Recently5 Day Kitchens vs More Space Place Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of 5 Day Kitchens vs More Space Place including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $88,100 - $375,600 | $102,800 - $185,100 |
| Franchise Fee | $27,000 - $95,000 | $29,500 |
| Royalty Fee | 4 - 5% Sliding Scale | 5% |
| Advertising Fee | - | - |
| Year Founded | 2008 | - |
| Year Franchised | 2012 | - |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 10 years |
| Renewal Fee | - | Lesser of initial, current 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 | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About 5 Day Kitchens
We have been informed by 5 Day Kitchens that they are no longer offering franchises.
About More Space Place
No longer franchising - Acquired by Closet & Storage Concepts