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Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs Storm Guard Restoration 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 | $169,400 - $295,100 |
Franchise Fee | $15,000 | $49,000 - $100,000 |
Royalty Fee | 5% | 6.25% |
Advertising Fee | - | 0.75% |
Year Founded | 2000 | 2003 |
Year Franchised | 2000 | 2011 |
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 | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | On-The-Job Training: 43 hours Classroom Training: 62+ hours |
Support | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op advertising, Ad slicks, National media | Ad Templates Social media SEO Website development Email marketing |
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: 2 - 5 |
Expansion Plans |
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US Expansion | - | Yes |
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.
Storm Guard Restoration is the fastest-growing exterior restoration
franchise offering. We are a young, dynamic company on its way to
dominating the exterior insurance and non-insurance restoration
industry. By joining the Storm Guard system, you can capitalize on being
a part of the first nationally-recognized franchise system for exterior
insurance restoration. Our highly-experienced trainers and field staff
will train you to operate all aspects of the business, from the sales
and claims process to the actual building of the roofing, siding,
windows, and gutter projects.
This is a very attractive business model that offers a low
investment, fast ramp-up, small number of staff, fragmented competition,
and a high potential return on investment.
We are looking for motivated individuals who are prepared to take
their financial future into their own hands and create successful
franchises; people who have the ability to set goals and strive to
achieve them; people who are able to learn and execute a precise
business plan; people that can lead and motivate employees to achieve
short and long term goals. To be a successful Storm Guard Restoration
Franchisee, you must be ready to invest in yourself.Storm Guard Restoration franchisees come from all walks of life.
Typically, they are not contractors, restoration experts, or home
improvement gurus. Our franchisees are smart, successful and highly
motivated business leaders. They have a disciplined acumen for
maximizing opportunity and they know how to run a business. They are
committed to building productive teams and long-term relationships. They
know how to inspire and how to bring out the best in other people.
As a Storm Guard Restoration franchisee, your business is guided by a
powerful business model. You will utilize Sales Associates to guide
your customers through the restoration process, giving them confidence
that the job will get done on time with the highest level of service.
You will leverage a network of highly skilled subcontractors overseen by
a production manager to deliver a smooth restoration experience.
Veteran Incentives $5,000 off franchise fee