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Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs Allkare Restoration Services 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 | $46,500 - And Up |
Franchise Fee | $15,000 | $17,500 |
Royalty Fee | 5% | 8% |
Advertising Fee | - | 3% |
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 | Ideally you need: energy; ability to get on with different types of people; desire to run your own business; happy to put in the hours; interest in the services we provide. Most of our franchisees are either people coming from management looking for an opportunity or have a background in building and want to develop a business. | |
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 | Ongoing support is available from a dedicated team at our head office who can be contacted by telephone or email during normal office hours. |
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) | From experience, for your franchise to be a success you will need to commit all of your time to the business and any distraction from this could damage your prospects. We would not allow another competing business to be run along side the Allkare brand. |
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.
The Allkare Property Repair Franchise is designed to be a business in a box so we supply you with everything you need. This is what the basic package includes: *Full training at head office in all systems *Internet Marketing and SEO. You will get a number of web pages created for you, focussed on your franchise areas. These pages will help generate new business targeted to your local area. Your entire first year's Internet marketing is covered by us. *A fully-automated email marketing system that regularly keeps your name and the Allkare brand in front of the customer. As this list grows your business grows.... Automatically 24/7 *A dedicated Sales Manager. You will have someone at head office working on your behalf whose job is to build relationships between you and local Loss Adjusters, Insurance Brokers and Property Management companies. *Business from existing clients. Any work in your area that comes through our call centre comes to you. Plus any national work which you can handle in your area.. *Personal introductions to key local and national clients. Usually insurers and loss adjusters so they know who to come to. This is extremely valuable. *One fully liveried vehicle fully fitted out. *Limited company set up for you with accountancy package and a number of search engine optimised web pages. Plus one year of search engine marketing support (worth �10,000). *Uniforms. *Specialist software for managing insurance claims work. *Business stationery. *Manuals for all operations, healthy and safety and staff recruitment.