Owens Corning Basement Finishing System vs The Dry Boys Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs The Dry Boys 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
The Dry Boys Franchise
Investment $41,000 - $167,000$74,000 - $116,000
Franchise Fee $15,000$30,000
Royalty Fee 5%7%
Advertising Fee -2%
Year Founded 2000-
Year Franchised 2000-
Term Of Agreement 5 years10 Years
Term Of Agreement 5 years10 Years
Renewal Fee $9K-


Business Experience Requirements

 
Owens Corning Basement Finishing System Franchise
The Dry Boys Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Must have or obtain a general contracting license; specialty in-home selling
  • Business Experience: NO experience necessary. You will be trained to be a water restoration professional. All you need to be, is a person with manners and willing to work!

    Financing Options

     
    Owens Corning Basement Finishing System Franchise
    The Dry Boys Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/NoYes/-
    Inventory No/NoYes/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Owens Corning Basement Finishing System Franchise
    The Dry Boys Franchise
    Training -raining Business development program Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Marketing Co-op advertising, Ad slicks, National media, Regional advertising
    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
    The Dry Boys Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion 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 The Dry Boys

    Mention the words "Water damage” to any home owner across the USA, and watch their reaction, there are no two words in the English dictionary that gets a home owner’s attention more than these two words. When water penetrates your home, minutes seem like hours and one immediate action is critical as the damages can be quite destructive within seconds.
    Nothing in the world spreads as rapidly and forcefully as water damage, and the destruction of water floods can instantly bring mayhem to your property, penetrating to areas you didn’t even notice at first glance. If water damage is not treated in a timely fashion, your walls will absorb moisture, mildew, mold, rust, odor and create havoc to your walls, floors, furniture in your home.
    Picking the right Water Restoration professional can be the difference between a clean and safe house.
    The Dry Boys professionals have decades of experience, advanced equipment, and the necessary measures to restore your house to a clean and healthy home.