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Updated RecentlyOwens Corning Basement Finishing System vs PermaCrete Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs PermaCrete 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 | $1,000 - And Up |
| Franchise Fee | $15,000 | N/A |
| Royalty Fee | 5% | 0 |
| Advertising Fee | - | - |
| Year Founded | 2000 | 0 |
| Year Franchised | 2000 | 0 |
| 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 | - | All new Dealers may register to take the Free Surface Installation Video Course online, and then continue to use the course & test materials to train and retrain your installers. |
| 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 | - | Yes |
| Canada Expansion | No | Yes |
| International Expansion | 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 PermaCrete
PermaCrete continues to expand its successful Dealer Program throughout the world to enhance consumer acceptance of the many types of PermaCrete applications in the residential and commercial marketplace. By responding to an ever-changing world of innovation and product improvements, Quality Systems, Inc. (QSI) has designed PermaCrete to fill an existing void in the worldwide surface-applications market. There are many benefits to joining the PermaCrete team: *Unlimited Market: Whether new construction or old damaged surfaces, PermaCrete is needed. *Manufacturer Supplied Leads: PermaCrete passes on all project leads to it's Dealer network daily. *Training: Attend free product demonstration class, or View surface installation video course. *On-Site Advisors: Factory Installers available to help on-site with projects. *High Earnings Potential: Great profit margins and high installation demand. *Code Compliant: PermaCrete is an ICC-ES code-compliant polymer concrete surface product. *Tested and Warranted: 10 year limited product warranty.