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Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs DECKStraordinaire 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 | $9,500 |
Franchise Fee | $15,000 | $5,000 |
Royalty Fee | 5% | 6% |
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.
If you have been looking for an economical, honest, profitable, exciting, high-demand business... DECKStraordinaire ...is the answer! Until December 31, 2009 we are offering $10,000 off our franchise fee! Our goal is to help motivated people achieve the success and satisfaction we have achieved in the custom deck business. This is part multi-billion part of the hundred- billion dollar home improvement industry! * No prior building experience necessary * We teach you to design, sell and build custom decks, profitably! * We are looking for people who are willing to work hard, care about high customer satisfaction and want to use their talents to build a successful business for themselves. If this sounds like you, please call today!! 248-961-0261