Start-Up Costs and Fees |
||
| Jet-Black | Owens Corning Basement Finishing System | |
| Investment | 71600 - 125340 | 41000 - 167000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 1%-8% | 5% |
| Advertising Fee | ||
| Year Founded | 1988 | 2000 |
| Year Franchised | 1993 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Jet-Black | Owens Corning Basement Finishing System | |
| Experience | General business experience Interpersonal skills; management experience preferred | Industry experience General business experience Marketing skills Must have or obtain a general contracting license; specialty in-home selling |
Financing Options |
||
| Jet-Black | 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 |
||
| Jet-Black | Owens Corning Basement Finishing System | |
| Training | On-The-Job Training: 24+ hours Classroom Training: 16+ hours Additional Training: At advanced training seminars | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, Ad slicks, National media |
| Operations | Franchise can be run from home. 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (99% 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 |
||
| Jet-Black | Owens Corning Basement Finishing System | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Jet-Black | |
| Owens Corning Basement Finishing System | |
| Franchise Fee | |
| Jet-Black | |
| Owens Corning Basement Finishing System | |
| Royalty Fee | |
| Jet-Black | 1%-8% |
| Owens Corning Basement Finishing System | 5% |
| Advertising Fee | |
| Jet-Black | |
| Owens Corning Basement Finishing System | |
| Year Founded | |
| Jet-Black | 1988 |
| Owens Corning Basement Finishing System | 2000 |
| Year Franchised | |
| Jet-Black | 1993 |
| Owens Corning Basement Finishing System | 2000 |
| Term Of Agreement | |
| Jet-Black | 15 years |
| Owens Corning Basement Finishing System | 5 years |
| Renewal Fee | |
| Jet-Black | |
| Owens Corning Basement Finishing System | $9K |
Business Experience Requirements |
|
| Experience | |
| Jet-Black | General business experience Interpersonal skills; management experience preferred |
| 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 | |
| Jet-Black | No |
| Owens Corning Basement Finishing System | No |
| Start-up Costs | |
| Jet-Black | |
| Owens Corning Basement Finishing System | |
| Equipment | |
| Jet-Black} | |
| Owens Corning Basement Finishing System | |
| Inventory | |
| Jet-Black | |
| Owens Corning Basement Finishing System | |
| Receivables | |
| Jet-Black | |
| Owens Corning Basement Finishing System | |
| Payroll | |
| Jet-Black | |
| Owens Corning Basement Finishing System | |
Training & Support |
|
| Training | |
| Jet-Black | On-The-Job Training: 24+ hours Classroom Training: 16+ hours Additional Training: At advanced training seminars |
| Owens Corning Basement Finishing System | |
| Support | |
| Jet-Black | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Owens Corning Basement Finishing System | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Jet-Black | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Owens Corning Basement Finishing System | Co-op advertising, Ad slicks, National media |
| Operations | |
| Jet-Black | Franchise can be run from home. 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (99% 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 | |
| Jet-Black | 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 |
| Owens Corning Basement Finishing System | |
| Canada Expansion | |
| Jet-Black | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Owens Corning Basement Finishing System | |
| International Expansion | |
| Jet-Black | Canada, |
| Owens Corning Basement Finishing System | |