Start-Up Costs and Fees |
||
| California Closet Company | Owens Corning Basement Finishing System | |
| Investment | 127500 - 377000 | 41000 - 167000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | ||
| Year Founded | 1978 | 2000 |
| Year Franchised | 1982 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| California Closet Company | Owens Corning Basement Finishing System | |
| Experience | Industry experience General business experience Marketing skills | Industry experience General business experience Marketing skills Must have or obtain a general contracting license; specialty in-home selling |
Financing Options |
||
| California Closet Company | Owens Corning Basement Finishing System | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| California Closet Company | Owens Corning Basement Finishing System | |
| Training | On-site operational instruction Training for designer, installation, and production staff Proprietary technology for sales, design, and operational systems management | |
| Support | Media planning Local and national advertising collateral Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, National media, Regional advertising | Co-op advertising, Ad slicks, National media |
| Operations | Number of employees needed to run franchised unit: 8 - 10 Absentee ownership of franchise is NOT allowed. | 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) |
Expansion Plans |
||
| California Closet Company | Owens Corning Basement Finishing System | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| California Closet Company | |
| Owens Corning Basement Finishing System | |
| Franchise Fee | |
| California Closet Company | |
| Owens Corning Basement Finishing System | |
| Royalty Fee | |
| California Closet Company | 6% |
| Owens Corning Basement Finishing System | 5% |
| Advertising Fee | |
| California Closet Company | |
| Owens Corning Basement Finishing System | |
| Year Founded | |
| California Closet Company | 1978 |
| Owens Corning Basement Finishing System | 2000 |
| Year Franchised | |
| California Closet Company | 1982 |
| Owens Corning Basement Finishing System | 2000 |
| Term Of Agreement | |
| California Closet Company | 10 years |
| Owens Corning Basement Finishing System | 5 years |
| Renewal Fee | |
| California Closet Company | 50% of franchise fee |
| Owens Corning Basement Finishing System | $9K |
Business Experience Requirements |
|
| Experience | |
| California Closet Company | Industry experience General business experience Marketing skills |
| Owens Corning Basement Finishing System | Industry experience General business experience Marketing skills Must have or obtain a general contracting license; specialty in-home selling |
Financing Options |
|
| Franchise Fees | |
| California Closet Company | No |
| Owens Corning Basement Finishing System | No |
| Start-up Costs | |
| California Closet Company | |
| Owens Corning Basement Finishing System | |
| Equipment | |
| California Closet Company} | |
| Owens Corning Basement Finishing System | |
| Inventory | |
| California Closet Company | |
| Owens Corning Basement Finishing System | |
| Receivables | |
| California Closet Company | |
| Owens Corning Basement Finishing System | |
| Payroll | |
| California Closet Company | |
| Owens Corning Basement Finishing System | |
Training & Support |
|
| Training | |
| California Closet Company | On-site operational instruction Training for designer, installation, and production staff Proprietary technology for sales, design, and operational systems management |
| Owens Corning Basement Finishing System | |
| Support | |
| California Closet Company | Media planning Local and national advertising collateral Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Owens Corning Basement Finishing System | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| California Closet Company | Co-op advertising, National media, Regional advertising |
| Owens Corning Basement Finishing System | Co-op advertising, Ad slicks, National media |
| Operations | |
| California Closet Company | Number of employees needed to run franchised unit: 8 - 10 Absentee ownership of franchise is NOT allowed. |
| Owens Corning Basement Finishing System | 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) |
Expansion Plans |
|
| US Expansion | |
| California Closet Company | |
| Owens Corning Basement Finishing System | |
| Canada Expansion | |
| California Closet Company | |
| Owens Corning Basement Finishing System | |
| International Expansion | |
| California Closet Company | |
| Owens Corning Basement Finishing System | |