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Updated RecentlyOwens Corning Basement Finishing System vs Concrete Raising of America Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs Concrete Raising of America 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 | $34,900 - $249,400 |
| Franchise Fee | $15,000 | $34,900 - $42,500 |
| Royalty Fee | 5% | 4-8% |
| Advertising Fee | - | - |
| Year Founded | 2000 | 1947 |
| Year Franchised | 2000 | 1993 |
| Term Of Agreement | 5 years | 20 years |
| Term Of Agreement | 5 years | 20 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/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | Yes/Yes |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | Bi-annual operator certification by franchisor as well as On-The-Job Training: 40-120 hours Classroom Training: 40 hours |
| Support | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media | Ad Templates Social media SEO Website development Email marketing |
| 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) |
Franchise can be run from home. 11% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
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Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | No | Yes |
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 Concrete Raising of America
CRC Concrete Raising Corporation has been in the concrete raising business since 1947, educating and training individuals on the fundamental technique of raising and stabilizing concrete in the residential, commercial, industrial, municipal, governmental, and even new construction markets.
In 1995, Concrete Raising of America, Inc. was established with the venue of forming business associations around the United States, and ultimately on an international basis. Since its inception, Concrete Raising of America has actively shared the elements of successful grouting applications, including raising and stabilizing concrete, through its establishment of Franchise locations.
Through years of on-the-job experience and testing, Concrete Raising has worked to provide engineered materials via the most efficient state-of-the-art equipment available. This equipment, including volumetric mobile mixers and hydraulic grout pumps has been further engineered by Concrete Raising of America to increase productivity. All modifications to the equipment used by Concrete Raising of America are proprietary, and only available to CRC Concrete Raising Franchise locations.
* Exclusive Territories
* Initial and Continuous Training
* Ongoing Support
* Multi-level Market Potential
* Recurring Revenues
* Innovative Equipment / Multi-purpose Equipment
* National Network
* Flexibility
* Franchise Owner Control
Seeking new franchisees throughout the U.S., Australia/New Zealand, Canada, Eastern Europe and Western Europe