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Updated RecentlySystems Paving vs Owens Corning Basement Finishing System Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Systems Paving vs Owens Corning Basement Finishing 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 | $39,950 - $120,800 | $41,000 - $167,000 |
| Franchise Fee | $14,800 - $17,800 | $15,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | - |
| Year Founded | 1992 | 2000 |
| Year Franchised | 2001 | 2000 |
| Term Of Agreement | 10 years | 5 years |
| Term Of Agreement | 10 years | 5 years |
| Renewal Fee | $500 | $9K |
Business Experience Requirements |
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| Experience | *Strong business acumen *Ability to motivate and lead a team *Positive "can do" attitude *Sales experience preferable *No construction experience necessary | |
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 | 2 weeks of comprehensive training at our California home office for you and your key employees. Once you return home, we provide continued support, including field training at your location. Training includes: *Business planning *Marketing planning and strategies *Sales consultation *Installation training *Best practices | - |
| Support | Newsletter, Meetings, Toll-free phone line, Internet | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, National media, Regional advertising | Co-op advertising, Ad slicks, National media |
| Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 - 15
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
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 |
Company Overviews
About Systems Paving
Established in 1992, Systems Paving, Inc. combined the unique talents and experience of Larry Green and Doug Lueck. With over 55 years of experience, we have a lot of important lessons to share. We know what it's like to be your own boss, and we know what it takes. We are extremely passionate about our business and want people who are interested in sharing that passion. Our success relies on a proven, detailed process. We've done our homework to pave the way. From business training and major marketing support to our proprietary technology, we give you all the tools you need. This process makes a Systems Paving franchise simple for you, satisfying for homeowners and successful for everyone.
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.