Start-Up Costs and Fees |
||
| HomePros | Owens Corning Basement Finishing System | |
| Investment | 101285 - 143475 | 41000 - 167000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 7% | 5% |
| Advertising Fee | ||
| Year Founded | 2001 | 2000 |
| Year Franchised | 2002 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HomePros | Owens Corning Basement Finishing System | |
| Experience | Industry experience General business experience Basic home repair skills | Industry experience General business experience Marketing skills Must have or obtain a general contracting license; specialty in-home selling |
Financing Options |
||
| HomePros | Owens Corning Basement Finishing System | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| HomePros | Owens Corning Basement Finishing System | |
| Training | ||
| Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad slicks | Co-op advertising, Ad slicks, National media |
| Operations | Franchise can be run from home. 28% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | 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 |
||
| HomePros | Owens Corning Basement Finishing System | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Washington, Wisconsin, West Virginia, Wyoming, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| HomePros | |
| Owens Corning Basement Finishing System | |
| Franchise Fee | |
| HomePros | |
| Owens Corning Basement Finishing System | |
| Royalty Fee | |
| HomePros | 7% |
| Owens Corning Basement Finishing System | 5% |
| Advertising Fee | |
| HomePros | |
| Owens Corning Basement Finishing System | |
| Year Founded | |
| HomePros | 2001 |
| Owens Corning Basement Finishing System | 2000 |
| Year Franchised | |
| HomePros | 2002 |
| Owens Corning Basement Finishing System | 2000 |
| Term Of Agreement | |
| HomePros | 5 years |
| Owens Corning Basement Finishing System | 5 years |
| Renewal Fee | |
| HomePros | |
| Owens Corning Basement Finishing System | $9K |
Business Experience Requirements |
|
| Experience | |
| HomePros | Industry experience General business experience Basic home repair 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 | |
| HomePros | Yes |
| Owens Corning Basement Finishing System | Yes |
| Start-up Costs | |
| HomePros | |
| Owens Corning Basement Finishing System | |
| Equipment | |
| HomePros} | |
| Owens Corning Basement Finishing System | |
| Inventory | |
| HomePros | |
| Owens Corning Basement Finishing System | |
| Receivables | |
| HomePros | |
| Owens Corning Basement Finishing System | |
| Payroll | |
| HomePros | |
| Owens Corning Basement Finishing System | |
Training & Support |
|
| Training | |
| HomePros | |
| Owens Corning Basement Finishing System | |
| Support | |
| HomePros | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations |
| Owens Corning Basement Finishing System | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| HomePros | Ad slicks |
| Owens Corning Basement Finishing System | Co-op advertising, Ad slicks, National media |
| Operations | |
| HomePros | Franchise can be run from home. 28% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| 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 | |
| HomePros | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Owens Corning Basement Finishing System | |
| Canada Expansion | |
| HomePros | |
| Owens Corning Basement Finishing System | |
| International Expansion | |
| HomePros | |
| Owens Corning Basement Finishing System | |