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Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs Crop & Drop Counter Tops 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 | $154,000 |
Franchise Fee | $15,000 | $35,000 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 2000 | - |
Year Franchised | 2000 | - |
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 | - |
International Expansion | 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.
As a Crop & Drop Counter Tops franchisee, you will effectively penetrate multiple markets your competition can only dream of. The reason is simple... price. You will basically be offering the same products as a granite fabrication plant at a fraction of the cost. Not only will you cater to an established industry, but you'll also be selling to a market normally outside the reach of the solid surface fabricator - the ordinary home owner. Research has proven that home owners with average incomes would purchase granite if it were more affordable. With Crop & Drop Counter Tops, that obstacle is removed. Your price advantage permits you to sell at up to 50% below your competition and still maintain your profit margins!
This opportunity will only be available for a short time. We are only interested in establishing a few franchises per area, so contact us today to get started! Remember, previous experience is not required - our program was developed to train and certify selected individuals with or without experience.