Owens Corning Basement Finishing System

Professional Services Building & Construction

Franchise Summary

Description

The Franchised Installer Program (the "Program") is designed for existing residential remodelers who desire to become Owens Corning Franchised Installers ("Franchised Installers"). Franchised Installers are exclusively authorized to sell and install the Owens Corning’s proprietary Basement Finishing System ("Basement Finishing System ") in accordance with the standards and specifications established by Owens Corning Remodeling Systems, LLC. The Basement Finishing System may be referred to in this disclosure document as the "Finishing System. "

Company Background

The Basement Finishing System is an Owens Corning authorized franchisee. They specialize in the installation of their proprietary basement finishing system for residential remodeling projects.

Franchise Opportunity

Homeowners are looking for a better way to finish their basements and they don't want the hassle or mess of doing it themselves. Finishing your basement can be a huge project, and if you're not experienced in remodeling, it can be tough to know where to start. The Basement Finishing System is the perfect solution. Our Franchised Installers will take care of everything, from designing your basement to installing the finishing system and even cleaning up when they're done. You'll have a beautiful finished basement in no time at all.

Corporate Structure

Owens Corning Remodeling Systems, LLC was organized on January 11, 2000, under the laws of Delaware. Their principal executive offices are located at One Owens Corning Parkway, Toledo, Ohio 43659.

Investment and Franchisee Fees

The total investment necessary to begin operation of the Franchised Business is $41,100 -$166,500. This includes $5,000 that must be paid to the franchisor or an affiliate for one territory.

Royalties and Marketing Fees

Royalties : 1.5% of monthly Gross Sales or $750 per month

Royalties : 8% of your Gross Sales or sales

Management Team

#	Name	Position

Distribution of Owens Corning Basement Finishing System Franchisees

Owens Corning Basement Finishing System Franchise System Development in 2018

FAQ

How much investment do I need to start my own Owens Corning Basement Finishing System business?

Franchisees typically require at least $41 to $166 investment to get their Owens Corning Basement Finishing System business started

What are the initial franchise fees for Owens Corning Basement Finishing System?

Franchisees typically need to pay at least $5 in fees directly to Owens Corning Basement Finishing System in order to earn the right to launch their business

How much money can I make with a Owens Corning Basement Finishing System franchise? What are the average revenues for a typical Owens Corning Basement Finishing System business?

We haven’t done the math on how much revenue a typical Owens Corning Basement Finishing System brings in each year. We estimate that other franchisees in the Professional Services industry generate $960,856 revenue, so we would expect Owens Corning Basement Finishing System to generate a similar amount

How long do I need to commit to running a Owens Corning Basement Finishing System unit? What is my contractual commitment?

Owens Corning Basement Finishing System franchisees are typically required to sign up to a 5 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

0 /10

The Franchisor's investment costs ranges from $3,373,725 to $5,054,640 which is Much Higher than the $0 to $0 average in the Building & Construction industry

What determines the investment cost?

Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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