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