Start-Up Costs and Fees |
||
| Garage Living | Owens Corning Basement Finishing System | |
| Investment | 236750 - 313500 | 41000 - 167000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6.50% | 5% |
| Advertising Fee | 6% Local + 2% Nat'l | |
| Year Founded | 0 | 2000 |
| Year Franchised | 0 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Garage Living | Owens Corning Basement Finishing System | |
| Experience | Garage Living franchise owners are not required to have prior construction or remodeling industry experience, but it can be helpful to understand the basics of running a business like ours. In fact, we welcome the opportunity to open a dialogue with existing similar or complementary home improvement businesses who wish to add the Garage Living system to their current operations. In general, we are seeking franchise candidates who have good communications and customer service skills, a strong work ethic, and a dedication to the local community. A solid understanding of business management is also important, and sales skills are also helpful. We expect that franchise owners have adequate capital to invest in the business, and we also expect franchise owners to be directly involved in the daily operations of the franchise business. But regardless of your background, we will provide the training and tools you need to run your Garage Living franchise effectively. | Industry experience General business experience Marketing skills Must have or obtain a general contracting license; specialty in-home selling |
Financing Options |
||
| Garage Living | Owens Corning Basement Finishing System | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Garage Living | Owens Corning Basement Finishing System | |
| Training | Pre-Opening Training: including classroom and hands-on exercises, plus on-site training with a Garage Living representative at your location. | |
| Support | Ongoing Support: including updates, remote assistance, refresher training programs and business planning meetings. | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Marketing Assistance: including a professionally-developed library of project photographs (before and after), customizable marketing materials, online tools, and more. | Co-op advertising, Ad slicks, National media |
| Operations | 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 |
||
| Garage Living | Owens Corning Basement Finishing System | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Garage Living | |
| Owens Corning Basement Finishing System | |
| Franchise Fee | |
| Garage Living | |
| Owens Corning Basement Finishing System | |
| Royalty Fee | |
| Garage Living | 6.50% |
| Owens Corning Basement Finishing System | 5% |
| Advertising Fee | |
| Garage Living | 6% Local + 2% Nat'l |
| Owens Corning Basement Finishing System | |
| Year Founded | |
| Garage Living | 0 |
| Owens Corning Basement Finishing System | 2000 |
| Year Franchised | |
| Garage Living | 0 |
| Owens Corning Basement Finishing System | 2000 |
| Term Of Agreement | |
| Garage Living | 5 years +5+5+5 |
| Owens Corning Basement Finishing System | 5 years |
| Renewal Fee | |
| Garage Living | |
| Owens Corning Basement Finishing System | $9K |
Business Experience Requirements |
|
| Experience | |
| Garage Living | Garage Living franchise owners are not required to have prior construction or remodeling industry experience, but it can be helpful to understand the basics of running a business like ours. In fact, we welcome the opportunity to open a dialogue with existing similar or complementary home improvement businesses who wish to add the Garage Living system to their current operations. In general, we are seeking franchise candidates who have good communications and customer service skills, a strong work ethic, and a dedication to the local community. A solid understanding of business management is also important, and sales skills are also helpful. We expect that franchise owners have adequate capital to invest in the business, and we also expect franchise owners to be directly involved in the daily operations of the franchise business. But regardless of your background, we will provide the training and tools you need to run your Garage Living franchise effectively. |
| 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 | |
| Garage Living | |
| Owens Corning Basement Finishing System | |
| Start-up Costs | |
| Garage Living | |
| Owens Corning Basement Finishing System | |
| Equipment | |
| Garage Living} | |
| Owens Corning Basement Finishing System | |
| Inventory | |
| Garage Living | |
| Owens Corning Basement Finishing System | |
| Receivables | |
| Garage Living | |
| Owens Corning Basement Finishing System | |
| Payroll | |
| Garage Living | |
| Owens Corning Basement Finishing System | |
Training & Support |
|
| Training | |
| Garage Living | Pre-Opening Training: including classroom and hands-on exercises, plus on-site training with a Garage Living representative at your location. |
| Owens Corning Basement Finishing System | |
| Support | |
| Garage Living | Ongoing Support: including updates, remote assistance, refresher training programs and business planning meetings. |
| Owens Corning Basement Finishing System | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Garage Living | Marketing Assistance: including a professionally-developed library of project photographs (before and after), customizable marketing materials, online tools, and more. |
| Owens Corning Basement Finishing System | Co-op advertising, Ad slicks, National media |
| Operations | |
| Garage Living | |
| 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 | |
| Garage Living | |
| Owens Corning Basement Finishing System | |
| Canada Expansion | |
| Garage Living | |
| Owens Corning Basement Finishing System | |
| International Expansion | |
| Garage Living | |
| Owens Corning Basement Finishing System | |