Start-Up Costs and Fees |
||
| Owens Corning SunSuites Sunroom | Room Evolutions | |
| Investment | 42400 - 120700 | 190000 - 320000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 4% |
| Advertising Fee | 1% | |
| Year Founded | 2006 | 1953 |
| Year Franchised | 2006 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Owens Corning SunSuites Sunroom | Room Evolutions | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | |
Financing Options |
||
| Owens Corning SunSuites Sunroom | Room Evolutions | |
| 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 SunSuites Sunroom | Room Evolutions | |
| Training | Available at headquarters: 8 days | Initial one week orientation and ongoing |
| Support | ||
| Marketing | Marketing materials are created and available | |
| Operations | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 9 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Owens Corning SunSuites Sunroom | Room Evolutions | |
| 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 | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Owens Corning SunSuites Sunroom | |
| Room Evolutions | |
| Franchise Fee | |
| Owens Corning SunSuites Sunroom | |
| Room Evolutions | |
| Royalty Fee | |
| Owens Corning SunSuites Sunroom | 5% |
| Room Evolutions | 4% |
| Advertising Fee | |
| Owens Corning SunSuites Sunroom | |
| Room Evolutions | 1% |
| Year Founded | |
| Owens Corning SunSuites Sunroom | 2006 |
| Room Evolutions | 1953 |
| Year Franchised | |
| Owens Corning SunSuites Sunroom | 2006 |
| Room Evolutions | 2008 |
| Term Of Agreement | |
| Owens Corning SunSuites Sunroom | 5 yeaqrs |
| Room Evolutions | 5 years +5+5+5 |
| Renewal Fee | |
| Owens Corning SunSuites Sunroom | $5,000 |
| Room Evolutions | $5,000 |
Business Experience Requirements |
|
| Experience | |
| Owens Corning SunSuites Sunroom | |
| Room Evolutions | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
Financing Options |
|
| Franchise Fees | |
| Owens Corning SunSuites Sunroom | No |
| Room Evolutions | No |
| Start-up Costs | |
| Owens Corning SunSuites Sunroom | |
| Room Evolutions | |
| Equipment | |
| Owens Corning SunSuites Sunroom} | |
| Room Evolutions | |
| Inventory | |
| Owens Corning SunSuites Sunroom | |
| Room Evolutions | |
| Receivables | |
| Owens Corning SunSuites Sunroom | |
| Room Evolutions | |
| Payroll | |
| Owens Corning SunSuites Sunroom | |
| Room Evolutions | |
Training & Support |
|
| Training | |
| Owens Corning SunSuites Sunroom | Available at headquarters: 8 days |
| Room Evolutions | Initial one week orientation and ongoing |
| Support | |
| Owens Corning SunSuites Sunroom | |
| Room Evolutions | |
| Marketing | |
| Owens Corning SunSuites Sunroom | |
| Room Evolutions | Marketing materials are created and available |
| Operations | |
| Owens Corning SunSuites Sunroom | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 9 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Room Evolutions | |
Expansion Plans |
|
| US Expansion | |
| Owens Corning SunSuites Sunroom | 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 |
| Room Evolutions | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin |
| Canada Expansion | |
| Owens Corning SunSuites Sunroom | |
| Room Evolutions | |
| International Expansion | |
| Owens Corning SunSuites Sunroom | |
| Room Evolutions | |