Owens Corning Basement Finishing System vs PuroSystems Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs PuroSystems including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Owens Corning Basement Finishing System Franchise
PuroSystems Franchise
Investment $41,000 - $167,000$81,500 - $122,400
Franchise Fee $15,000$35,000
Royalty Fee 5%8-10%
Advertising Fee --
Year Founded 20001986
Year Franchised 20001991
Term Of Agreement 5 years20 years
Term Of Agreement 5 years20 years
Renewal Fee $9K-


Business Experience Requirements

 
Owens Corning Basement Finishing System Franchise
PuroSystems Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Must have or obtain a general contracting license; specialty in-home selling
  • -

    Financing Options

     
    Owens Corning Basement Finishing System Franchise
    PuroSystems Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/Yes
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Owens Corning Basement Finishing System Franchise
    PuroSystems Franchise
    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

     
    Owens Corning Basement Finishing System Franchise
    PuroSystems Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion NoNo

    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 PuroSystems

    Richard D. Spohn and Rory O'Dwyer, two insurance restoration entrepreneurs, joined forces in 1986 to create PuroSystems Inc., a property casualty restoration and reconstruction provider. PuroSystems franchisees repair water, fire and smoke damage and perform structural repairs and reconstruction.
    Each year, PuroSystems franchise owners perform thousands of jobs throughout the United States and Canada. Our commitment to relentless customer service and excellence has earned our position as the restoration partner of choice for many North American insurance companies and property managers. With many years of experience, PuroSystems has become one of the largest restoration franchises across North America. Our training and support ensure that each one of our franchise owners works with compassion, competence, and professionalism to become a hero in his or her community.