Owens Corning Basement Finishing System vs LEI Home Enhancements Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs LEI Home Enhancements 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
LEI Home Enhancements Franchise
Investment $41,000 - $167,000$71,100 - $141,700
Franchise Fee $15,000$49,500
Royalty Fee 5%-
Advertising Fee --
Year Founded 20002017
Year Franchised 20002017
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $9K-


Business Experience Requirements
 
Owens Corning Basement Finishing System Franchise
LEI Home Enhancements Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Must have or obtain a general contracting license; specialty in-home selling
    		• -

    Financing Options
     
    Owens Corning Basement Finishing System Franchise
    LEI Home Enhancements 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
    LEI Home Enhancements Franchise
    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
     
    Owens Corning Basement Finishing System Franchise
    LEI Home Enhancements Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion No-

    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 LEI Home Enhancements

    "LEI

    Our face-to-face approach ensures that you get the best experience, with our knowledgeable and dedicated staff on day one. In the past decade, we have used our core values of honesty and integrity to grow quickly, becoming an innovator in the vinyl industry and recently being named as one of the Top 50 qualified remodelers in the nation. At LEI Home Enhancements, we encourage homeowners to be an active part of the remodeling process and will put in the work to go above and beyond expectations. That’s why we only use superior quality products and exceptional craftsmanship to achieve long-lasting beauty, performance and value for your home. With the most qualified staff in the industry, we take every measure to ensure our expert craftsmen are experienced in all phases of home improvement. When you partner with one of LEI Home Enhancements’ 31 locations, you can always rest assured that you will receive affordable, beautiful, and innovative home improvements that will stand the test of time.