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

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

Start-Up Costs and Fees

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


Business Experience Requirements

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

Financing Options

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

Training & Support

  Basement Living Systems USA Home Owners Club of America
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

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


Business Experience Requirements

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

Financing Options

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

Training & Support

Training
Basement Living Systems USA Initial one week orientation and ongoing
Home Owners Club of America
Support
Basement Living Systems USA
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
Marketing
Basement Living Systems USA Marketing materials are created and available
Home Owners Club of America
Operations
Basement Living Systems USA
Home Owners Club of America

Expansion Plans

US Expansion
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
Home Owners Club of America
Canada Expansion
Basement Living Systems USA
Home Owners Club of America
International Expansion
Basement Living Systems USA
Home Owners Club of America