Home Owners Club of America vs Basement Living Systems USA Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Home Owners Club of America vs Basement Living Systems USA including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Home Owners Club of America Basement Living Systems USA
Investment 85000 - 110000 190000 - 320000
Franchise Fee
Royalty Fee 4%
Advertising Fee 1%
Year Founded 1993 1953
Year Franchised 1999 2008
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Home Owners Club of America Basement Living Systems USA
Experience Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience.

Financing Options

  Home Owners Club of America Basement Living Systems USA
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Home Owners Club of America Basement Living Systems USA
Training Initial one week orientation and ongoing
Support * Computer Software Package, custom designed for the operation of HOCOA * Specified Territory * Marketing Plan * Computer Training Manual * Operations Manual * Artwork and use of Recognized Logo * Support Services * Training Seminar * Annual Franchise Seminar * Webpage and link to the Corporate Site
Marketing Marketing materials are created and available
Operations

Expansion Plans

  Home Owners Club of America Basement Living Systems USA
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Home Owners Club of America
Basement Living Systems USA
Franchise Fee
Home Owners Club of America
Basement Living Systems USA
Royalty Fee
Home Owners Club of America
Basement Living Systems USA 4%
Advertising Fee
Home Owners Club of America
Basement Living Systems USA 1%
Year Founded
Home Owners Club of America 1993
Basement Living Systems USA 1953
Year Franchised
Home Owners Club of America 1999
Basement Living Systems USA 2008
Term Of Agreement
Home Owners Club of America
Basement Living Systems USA 5 years +5+5+5
Renewal Fee
Home Owners Club of America
Basement Living Systems USA $5,000


Business Experience Requirements

Experience
Home Owners Club of America
Basement Living Systems USA Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience.

Financing Options

 
Franchise Fees
Home Owners Club of America
Basement Living Systems USA
Start-up Costs
Home Owners Club of America
Basement Living Systems USA
Equipment
Home Owners Club of America}
Basement Living Systems USA
Inventory
Home Owners Club of America
Basement Living Systems USA
Receivables
Home Owners Club of America
Basement Living Systems USA
Payroll
Home Owners Club of America
Basement Living Systems USA

Training & Support

Training
Home Owners Club of America
Basement Living Systems USA Initial one week orientation and ongoing
Support
Home Owners Club of America * Computer Software Package, custom designed for the operation of HOCOA * Specified Territory * Marketing Plan * Computer Training Manual * Operations Manual * Artwork and use of Recognized Logo * Support Services * Training Seminar * Annual Franchise Seminar * Webpage and link to the Corporate Site
Basement Living Systems USA
Marketing
Home Owners Club of America
Basement Living Systems USA Marketing materials are created and available
Operations
Home Owners Club of America
Basement Living Systems USA

Expansion Plans

US Expansion
Home Owners Club of America
Basement Living Systems USA Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
Home Owners Club of America
Basement Living Systems USA
International Expansion
Home Owners Club of America
Basement Living Systems USA