Owens Corning Basement Finishing System vs The Inspection Boys Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs The Inspection Boys 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
The Inspection Boys Franchise
Investment $41,000 - $167,000$35,000 - $55,000
Franchise Fee $15,000$17,500
Royalty Fee 5%4-6%
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
 
Owens Corning Basement Finishing System Franchise
The Inspection Boys Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Must have or obtain a general contracting license; specialty in-home selling
    		• The basic requirements would include anyone with a sales background, former managers, former sales people, former business owners, former marketing executives, and anyone with mold remediation, asbestos abatement, home repair, or carpentry experience.

    Financing Options
     
    Owens Corning Basement Finishing System Franchise
    The Inspection Boys Franchise
      In-House/3rd PartyIn-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
     
    Owens Corning Basement Finishing System Franchise
    The Inspection Boys Franchise
    Training -Training is held in our HQ in New Jersey for 5 days.
    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
     
    Owens Corning Basement Finishing System Franchise
    The Inspection Boys Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion NoNo

    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 The Inspection Boys

    With The Inspection Boys, you can start your own business in a growing market by taking advantage of one of our streamlined franchise opportunity. You’ll immediately benefit from the power of The Inspection Boys brand and our years of experience offering successful service to residential, commercial, and industrial customers. If you have management experience; a desire to work with some of the best management professionals in the business; and are willing to invest in an established brand in the industry, please consider joining The Inspection Boys franchise team.

    Franchise System Benefits
    We offer many benefits to our franchise businesses, which include:

    • Training before Launch & Ongoing training for you and your staff
    • Initial training to launch your business
    • Access to training manuals and programs
    • World-class call center services
    • Access to sales, marketing, and administrative materials
    • Existing customer and supplier relationships
    • Technical support second to none
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