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Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs B-Dry System 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 | $70,000 - $105,000 |
Franchise Fee | $15,000 | $35,000 - $60,000 |
Royalty Fee | 5% | 8% |
Advertising Fee | - | - |
Year Founded | 2000 | 1958 |
Year Franchised | 2000 | 1978 |
Term Of Agreement | 5 years | 5 years |
Term Of Agreement | 5 years | 5 years |
Renewal Fee | $9K | - |
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 | Yes/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 | - | - |
Support | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | Co-op advertising, Ad slicks, National media | Ad slicks, National media |
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) | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | No | No |
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.
In 1930 Joseph Bevilacqua Sr. developed a technique for waterproofing basements from the inside, using drain tile and gravel. He passed his knowledge along to his son Joseph Jr., who took over the business in 1958 to begin B-Dry System Inc.
Like his father, Joseph Jr. has developed his own basement waterproofing and drainage systems, receiving patents for three different systems. Today, using the Bevilacqua family's innovations, B-Dry System franchisees offer inspections and waterproofing of basements and crawl spaces.
B-Dry System is an authority on basement and crawlspace waterproofing and encapsulation, as well as the related disciplines of foundation repair. Since 1958, BDry has been one of the top waterproofing companies in America, a developer of a basement waterproofing system that provides long-lasting protection. The secret behind our longevity in the industry is really no secret at all, just an uncompromising dedication to using some of the best materials, delivering quality craftsmanship, and providing excellent customer service. Plus, atBDry, we back our services with some of the best warranties in the business. Whether you need us to waterproof your basement or crawlspace, encapsulate a dirt crawlspace, perform approved foundation crack repair, or provide any combination of these services, you can count on receiving a quality solution to your problem and that your investment will remain protected far into the future. Our overarching goal is to give you the foundation for a dry home through the installation of a custom-designed waterproofing solution. Since 1958, homeowners have been able to rely on BDry™ for innovative solutions that work, everything from basement and crawlspace waterproofing and encapsulation to the approved repair of foundation problems.