Sunday
Jan312010
Owens Corning Basement Finishing System Franchise
Sunday, January 31, 2010 at 02:40PM Basement finishing system
Start-up Costs & Franchises Fees
What is the total cost to open a Owens Corning Basement Finishing System Franchises?
Total Cost: $54,000 USD -$122,000 USD
Total Franchise Fees: $15,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees:
Term of Agreement: 5 years
Franchise Agreement Renewal Fee: $9K
Contact Information for Owens Corning Basement Finishing System
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Owens Corning Basement Finishing System |
Phone Number: (419)248-6843 |
Owens Corning Basement Finishing System In the Press
No results at this time.Historical Expansion
In what year did Owens Corning Basement Finishing System begin operations? 2000
When did Owens Corning Basement Finishing System begin selling franchises? 2000
Year United States 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
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
Meetings, Internet referrals, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, National media
Franchise Operation Restrictions
10% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 20
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
Industry experience General business experience Sales & marketing experience Must have or obtain a general contracting license; specialty in-home selling
Jason Rager's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must use my system to receive these benefits and so much more. Click here.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes