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Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs Hickory Dickory Decks 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 | $50,001 - $100,000 |
Franchise Fee | $15,000 | $50,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | - |
Year Founded | 2000 | 1987 |
Year Franchised | 2000 | 1999 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
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 |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
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.
Custom builders of decks and gazebo's creating the ultimate backyard paradise. At Hickory Dickory Decks, our aim is to be the best quality and service oriented company in the deck business. Our business is built on satisfied customers, one deck at a time.We began by using composite decking materials. These products have many advantages over wooden decks. No more staining, peeling, no slivers, no cracking, no warping, no twisting, and a better non-slip surface. We are the largest composite deck builder in Canada and have over 1,500 of these installed. This "maintenance-free" decking is over 85 percent of our business today and will never need staining but does require an occasional bath. Every year we find crews hundreds of miles away working on projects referred by one of our satisfied customers. They will travel world wide to work with great customers on their custom deck. In 2005, Hickory Dickory Decks became a stocking dealer of the leading easy-care/maintenance-free deck products. We carry Xtendex, Weatherbest, Correct Deck, Procel, Veka, Trex, Dexx, EZ Deck, Weatherdeck, Monarch, Deck Lok and Lifelong Decking. They also can special order any other composite deck of your choice.