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Updated RecentlyOwens Corning Basement Finishing System vs California Closet Company Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs California Closet Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $41,000 - $167,000 | $127,500 - $377,000 |
| Franchise Fee | $15,000 | $40,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | - | - |
| Year Founded | 2000 | 1978 |
| Year Franchised | 2000 | 1982 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | $9K | 50% of franchise 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 | No/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | On-site operational instruction Training for designer, installation, and production staff Proprietary technology for sales, design, and operational systems management |
| Support | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | Media planning Local and national advertising collateral Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks, National media | Co-op advertising, National media, Regional advertising |
| Operations |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Number of employees needed to run franchised unit: 8 - 10
Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | No | Yes |
Company Overviews
About Owens Corning Basement Finishing System
Owens Corning has been a world leader in building materials, systems and composite solutions for more than 70 years, and a Fortune 500 company for more than 50 years. The ability to remain a household name for residential and commercial projects is partially due to the successful partnerships with businesses who are devoted to sharing the Owens Corning standards. The Basement Finishing System ("System") was developed at Owens Corning's nationally accredited and internationally recognized Science & Technology Center, Granville, Ohio. As with all of its products, Owens Corning focused on developing a high-quality system designed to meet the market needs. For that reason, Owens Corning conducted extensive research and development. This included three years of testing and modifications. The result is a state-of-the-art Basement Finishing System that benefits franchisees and homeowners alike. The System also has been recognized with awards from Popular Science and the National Association of the Remodeling Industry. If you are interested in growing your business, becoming an Owens Corning customer may be the perfect opportunity for you.
About California Closet Company
Customized storage has grown from a small business into a major industry. Leading
the field is California Closets, the franchise company that pioneered custom storage
solutions in 1978. California Closets is the most well-known brand in the industry.
The Industry Pioneer and Brand Leader
Join the Company that pioneered the custom storage solutions industry. For over 40
years, California Closets has delighted its customers - by listening to their needs and
creating individually designed solutions that work specifically for their lifestyles and
home. Today, California Closets is the largest custom storage franchised system in
the world, with over 100 franchises worldwide; it is the most recognized brand in its
category.
A California Closets franchise offers expert services in creating innovative home
design solutions; ranging from its signature custom designed closets, home offices,
entertainment rooms, utility rooms, garages and much more.
We see home as more than a place. We see it as comfort and refuge, space for connection and celebration. Everything we do is designed to enhance home and help you enjoy the
time you spend there.
30 years ago, we innovated a new industry - custom designed and installed storage.
Today we're proud to be recognized as the leaders in the industry we first created all
those years ago. Along the way we've continued to innovate, always striving to provide
customers with stylish, smart and sustainable solutions for every home.