Owens Corning Basement Finishing System vs Melt Shop Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs Melt Shop 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
Melt Shop Franchise
Investment $41,000 - $167,000$368,240 - $698,800
Franchise Fee $15,000$35,000
Royalty Fee 5%6%
Advertising Fee -2%
Year Founded 20002010
Year Franchised 20002017
Term Of Agreement 5 years5 Years +5+5+5
Term Of Agreement 5 years5 Years +5+5+5
Renewal Fee $9K-


Business Experience Requirements

 
Owens Corning Basement Finishing System Franchise
Melt Shop Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Must have or obtain a general contracting license; specialty in-home selling
  • Melt Shop is seeking well capitalized partners who are entrepreneurial and have a strong knowledge of their market. The ideal franchisee is a proven multi-unit operator in the restaurant industry. At this time we are not offering sub-franchises.

    Financing Options

     
    Owens Corning Basement Finishing System Franchise
    Melt Shop Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/No-/Yes
    Equipment No/No-/Yes
    Inventory No/No-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support

     
    Owens Corning Basement Finishing System Franchise
    Melt Shop Franchise
    Training -On-The-Job Training: 224 hours Classroom Training: 24 hours
    Support Meetings, Internet, Field operations/evaluations, Purchasing cooperativesNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National mediaCo-op Advertising Ad Templates Regional Advertising Social media Website development Email marketing Loyalty program/app
    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: 15

    Expansion Plans

     
    Owens Corning Basement Finishing System Franchise
    Melt Shop Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion NoYes

    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 Melt Shop

    Melt Shop believes that one quality, more than any other, determines the success of a concept: the strength of the brand and its connection to guests.
    Melt Shop was built upon that premise
    Seeking multi-unit franchisees with strong restaurant and hospitality experience and a shared dedication to operational excellence who have a strong knowledge of their market. The ideal franchisee is a proven multi-unit operator in the restaurant industry. At this time we are not offering sub-franchises.