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Updated RecentlyOwens Corning Basement Finishing System vs Amramp Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs Amramp 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 | $130,785 - $211,345 |
| Franchise Fee | $15,000 | $49,250 |
| Royalty Fee | 5% | 12% Phased over 4 years |
| Advertising Fee | - | Nat'l 1%-3% Local 3%-6% |
| Year Founded | 2000 | 1970 |
| Year Franchised | 2000 | 2002 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | $9K | $20,000 |
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 | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/Yes |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | On-The-Job Training: 16 hours Classroom Training: 22 hours |
| Support | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media | Co-op Advertising Ad Templates National Media Regional Advertising 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. 7% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | No |
| Canada Expansion | No | Yes |
| 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 Amramp
Amramp has been manufacturing metal architectural products since 1970. We developed and patented the new, low cost Amramp in 1998.
We are confident of the method proven through our franchise system across the United States. Amramp programs work well; we can sell or RENT (yes, rent) a ramp of any size for no minimum period of time, anywhere in the USA.
Please consider joining our family of franchisee partnerships. You will be part of our organization to serve the people who use wheelchairs in your marketing area.
The franchise fee is $49,250 per million population.
Founded in 1998 by Julian Gordon, Amramp has continued to grow as the leading provider of modular wheelchair ramps, stairlifts, vertical platform lifts and other accessibility solutions.