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Updated RecentlyOwens Corning Basement Finishing System vs Candlewick Homes Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs Candlewick Homes 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 | $300,000 - $1,300,000 |
| Franchise Fee | $15,000 | $50,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | - | - |
| Year Founded | 2000 | 2002 |
| Year Franchised | 2000 | 2003 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 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 | - |
| Marketing | Co-op advertising, 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 | - | - |
| Canada Expansion | No | No |
| International Expansion | No | No |
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 Candlewick Homes
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.