Start-Up Costs and Fees |
||
| Owens Corning Basement Finishing System | The Grout Medic | |
| Investment | 41000 - 167000 | 24675 - 57950 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5%-10% |
| Advertising Fee | $75/month | |
| Year Founded | 2000 | 1997 |
| Year Franchised | 2000 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Owens Corning Basement Finishing System | The Grout Medic | |
| Experience | Industry experience General business experience Marketing skills Must have or obtain a general contracting license; specialty in-home selling | |
Financing Options |
||
| Owens Corning Basement Finishing System | The Grout Medic | |
| 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 | The Grout Medic | |
| Training | ||
| Support | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | 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 |
||
| Owens Corning Basement Finishing System | The Grout Medic | |
| 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, | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Owens Corning Basement Finishing System | |
| The Grout Medic | |
| Franchise Fee | |
| Owens Corning Basement Finishing System | |
| The Grout Medic | |
| Royalty Fee | |
| Owens Corning Basement Finishing System | 5% |
| The Grout Medic | 5%-10% |
| Advertising Fee | |
| Owens Corning Basement Finishing System | |
| The Grout Medic | $75/month |
| Year Founded | |
| Owens Corning Basement Finishing System | 2000 |
| The Grout Medic | 1997 |
| Year Franchised | |
| Owens Corning Basement Finishing System | 2000 |
| The Grout Medic | 2001 |
| Term Of Agreement | |
| Owens Corning Basement Finishing System | 5 years |
| The Grout Medic | 7 years |
| Renewal Fee | |
| Owens Corning Basement Finishing System | $9K |
| The Grout Medic | $2,000 |
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 |
| The Grout Medic | |
Financing Options |
|
| Franchise Fees | |
| Owens Corning Basement Finishing System | No |
| The Grout Medic | No |
| Start-up Costs | |
| Owens Corning Basement Finishing System | |
| The Grout Medic | |
| Equipment | |
| Owens Corning Basement Finishing System} | |
| The Grout Medic | |
| Inventory | |
| Owens Corning Basement Finishing System | |
| The Grout Medic | |
| Receivables | |
| Owens Corning Basement Finishing System | |
| The Grout Medic | |
| Payroll | |
| Owens Corning Basement Finishing System | |
| The Grout Medic | |
Training & Support |
|
| Training | |
| Owens Corning Basement Finishing System | |
| The Grout Medic | |
| Support | |
| Owens Corning Basement Finishing System | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives |
| The Grout Medic | |
| Marketing | |
| Owens Corning Basement Finishing System | Co-op advertising, Ad slicks, National media |
| The Grout Medic | |
| 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) |
| The Grout Medic | |
Expansion Plans |
|
| US Expansion | |
| Owens Corning Basement Finishing System | |
| The Grout Medic | 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 | |
| The Grout Medic | Nationwide, |
| International Expansion | |
| Owens Corning Basement Finishing System | |
| The Grout Medic | |