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Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs MarbleLife 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 | $56,000 - $140,000 |
Franchise Fee | $15,000 | $19,900 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | 2% |
Year Founded | 2000 | 1989 |
Year Franchised | 2000 | 1989 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | $9K | - |
Business Experience Requirements |
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Experience | If you know you could sell a national account, if only you had the application network, this is your opportunity. Plug in, and benefit from your sales abilities. If you love to work with your hands and deliver beautiful results and stunning compliments, this is a business that will make you smile with the client and with your banker. We are looking for motivated reliable partners committed to provide our clients a quality service in order to complete the build out of our North American network. If this sounds like a fit, contact us today. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | Co-op advertising, Ad slicks, National media | Ad slicks |
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. 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. (97% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | Yes |
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.
MARBLELIFE provides restoration and maintenance services for marble, concrete, granite, terrazzo, other natural stone, vinyl, tile and grout surfaces. MARBLELIFE diagnosis cause, prescribes solutions, and provides application services to residential, commercial, medical and industrial building owners. While others only clean, MARBLELIFE specializes in formulating solutions designed to address problems resulting in not just restored appearance, but solutions designed to enhance our clients lives, building appearances, and interior building safety and health.
VetFran discount - 10% off the initial franchise fee