Owens Corning Basement Finishing System vs Precision Door Service Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs Precision Door Service including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Owens Corning Basement Finishing System Franchise
Precision Door Service Franchise
Investment $41,000 - $167,000$71,255 - $314,955
Franchise Fee $15,000$10,000 - $100,000
Royalty Fee 5%$500/wk. to 6K/wk.
Advertising Fee -3%
Year Founded 20001997
Year Franchised 20001999
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee $9K-


Business Experience Requirements

 
Owens Corning Basement Finishing System Franchise
Precision Door Service Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Must have or obtain a general contracting license; specialty in-home selling
  • -

    Financing Options

     
    Owens Corning Basement Finishing System Franchise
    Precision Door Service Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoYes/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Owens Corning Basement Finishing System Franchise
    Precision Door Service Franchise
    Training - On-The-Job Training: 80 hours Classroom Training: 40 hours
    Support Meetings, Internet, Field operations/evaluations, Purchasing cooperativesNewsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection 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)

    Number of Employees Required to Run: 3 - 6

    Expansion Plans

     
    Owens Corning Basement Finishing System Franchise
    Precision Door Service Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion NoNo

    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 Precision Door Service

    Precision Door Service has been providing quality garage door repair service to homeowners and businesses across America since 1997. Since then, we have become a national leader in the garage door industry with over 70 locations nationwide. Our teams of professional and certified technicians now service, repair and install all types of garage doors and garage door openers. Our top priorities are safety and 100% customer satisfaction! The Precision Door Service system flourishes best through hands-on involvement by its franchise owners. Our franchise owners consist of men and women who come from many walks of life. Most of our successful franchise owners had no previous garage door experience. Through the extensive support and training provided, they are now leaders in the garage door industry.
    The Precision Door Service corporate headquarters and training center is located in Titusville, Florida. It's there that you and your team members will learn the intricacies of garage door operating systems and how to sell your services to customers.
    BENEFITS
    * Support & Training
    * Nationwide Branding
    * Pooled Advertising
    * Group Purchasing
    * Marketing Support
    * Advertising Material
    * Advisory Council
    * Exclusive Territories
    * Fixed Royalties
    * Financing Available
    * Multiple Training Facilities
    * Certified Technician Training
    * Office Management Training
    * Yellow Pages Assistance
    * Award Winning Graphics Dept.
    * Regional Meetings/Conventions
    * 24 Hr. Customer Service Center
    * National Vendors & Suppliers
    * Nationally Optimized Website
    * Fully Integrated Intranet System
    * Fleet Purchasing Programs
    * Home Show Assistance
    * Phone Systems Support
    * CallCap - Call Tracking

    "Entrepreneur
    #434 in Franchise 500 for 2020.