Owens Corning Basement Finishing System Franchise

Basement finishing system

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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.

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$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Owens Corning Basement Finishing System, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Owens Corning Basement Finishing System website.

How much does it cost to open a Owens Corning Basement Finishing System Franchise ?

The investment required to open a Owens Corning Basement Finishing System Franchise is between $41,000 - $167,000 . There is an initial franchise fee of $15,000 which grants you the license to run a business under the Owens Corning Basement Finishing System name.

Individual Franchise Costs

  • Initial Investment:
    $41,000 -
  • Initial Franchise Fee:
    $15,000
  • Royalty Fee:
    5%
  • Term of Agreement:
    5 years
  • Renewal Fee:
    $9K

Expense In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Support
Meetings, Internet, Field operations/evaluations, Purchasing cooperatives

Marketing
Co-op advertising, Ad slicks, National media

Owens Corning Basement Finishing System Growth History

When did the first Owens Corning Basement Finishing System open? 2000
When did Owens Corning Basement Finishing System start Franchising ? 2000

Year U.S.A. Canada International Corporate
2004 72 0 0 2
2003 51 0 0 2
2002 45 0 0 1
2001 20 0 0 0
2000 12 0 0 0

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)

Industry experience General business experience Marketing skills Must have or obtain a general contracting license; specialty in-home selling


How much does a Owens Corning Basement Finishing System Franchise owner make?

How much money you could make as a Owens Corning Basement Finishing System Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Owens Corning Basement Finishing System Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$15,000 - $167,000
Initial Franchise Fee
$15,000
Royalty Fee
5%
Term of Agreement
5 years
Renewal Fee
$9K
Latest News
Owens Corning Kicks Off Hurricane Preparedness Week In Rare "form"

2006-06-01
Owens Corning Reaches Agreement With Creditors

2006-05-10
Owens Corning Study Reveals Significant Growth Opportunities For Manufactured Housing Market

2006-05-02
Owens Corning Completes Composite Solutions Acquisition In Japan
Tokyo
2006-05-01
Owens Corning Enhances Raft-r-mate(r) Attic Rafter Vents
Orlando, Fla
2006-01-11
Owens Corning Serves Up Solutions For Builders To Boost Customer Satisfaction Scores
Orlando, Fla
2006-01-11
It All Adds Up: Owens Corning Designs Tool To Aid Builders With Energy Policy Act
Orlando, Fla
2006-01-11
Owens Corning Announces Multi-million Dollar Investment To Increase Loosefill Insulation
Toledo, Ohio
2006-01-04
Owens Corning Acquires Key Composite Solutions Operation In Japan
Toledo, Ohio
2005-12-08
Owens Corning Reports Record Quarterly Sales
Toledo, Ohio
2005-11-02
Survey Reveals Over 70 Percent Of Residents Look At Maintenance When Choosing Living Spaces
Las Vegas
2005-10-18
Winterize Now, Save Now: Home Heating Costs Expected To Rise Up To 61 Percent
Toledo, Ohio,
2005-10-12
Owens Corning To Acquire Wolverine Fabricating, Inc.
Toledo, Ohio
2005-09-28
Owens Corning Sharpens Focus On Growing Business Areas With Organization Realignment
Toledo, Ohio
2005-09-16
Throw Another Blanket On This Summer To Stay Cool And Save Money
Toledo, Ohio
2005-06-21
Owens Corning Fiber Glass Certified As Industry's Highest Level Of Recycled Content
Atlanta,
2005-03-14
Leaders Built At Second Annual Owens Corning Diversity Leadership Conference
Toledo, Ohio
2005-01-26 View All

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Legal Disclaimer: This information is not a franchise offering for Owens Corning Basement Finishing System and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Owens Corning Basement Finishing System franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.