Owens Corning Basement Finishing System vs The Patch Boys Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs The Patch Boys including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Owens Corning Basement Finishing System The Patch Boys
Investment 41000 - 167000 48900 - 75900
Franchise Fee 0
Royalty Fee 5% 7%
Advertising Fee 2%
Year Founded 2000 2008
Year Franchised 2000 2015
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Owens Corning Basement Finishing System The Patch Boys
Experience Industry experience General business experience Marketing skills Must have or obtain a general contracting license; specialty in-home selling *Strong Sales and Client Service Abilities *Good with Timing and Schedule Management *High Personal Standards *Able to Meet Initial Investment Requirements *Strong Sense of Integrity in Corporate and Client Relationships *A Willingness and Commitment to Excellent Service Targeted experiences for potential franchise owners include: *Franchise Operations or Retail Service Industry Experience *Business Owner and/or Managerial Experience *Husband and Wife entrepreneurial team who want to start a business

Financing Options
  Owens Corning Basement Finishing System The Patch Boys
 
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 Patch Boys
Training We provide full training and support at our headquarters in NY ( takes 4-6 days)
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 Patch Boys
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 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
Owens Corning Basement Finishing System
The Patch Boys
Franchise Fee
Owens Corning Basement Finishing System
The Patch Boys
Royalty Fee
Owens Corning Basement Finishing System 5%
The Patch Boys 7%
Advertising Fee
Owens Corning Basement Finishing System
The Patch Boys 2%
Year Founded
Owens Corning Basement Finishing System 2000
The Patch Boys 2008
Year Franchised
Owens Corning Basement Finishing System 2000
The Patch Boys 2015
Term Of Agreement
Owens Corning Basement Finishing System 5 years
The Patch Boys
Renewal Fee
Owens Corning Basement Finishing System $9K
The Patch Boys


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 Patch Boys *Strong Sales and Client Service Abilities *Good with Timing and Schedule Management *High Personal Standards *Able to Meet Initial Investment Requirements *Strong Sense of Integrity in Corporate and Client Relationships *A Willingness and Commitment to Excellent Service Targeted experiences for potential franchise owners include: *Franchise Operations or Retail Service Industry Experience *Business Owner and/or Managerial Experience *Husband and Wife entrepreneurial team who want to start a business

Financing Options
 
Franchise Fees
Owens Corning Basement Finishing System No
The Patch Boys No
Start-up Costs
Owens Corning Basement Finishing System
The Patch Boys
Equipment
Owens Corning Basement Finishing System}
The Patch Boys
Inventory
Owens Corning Basement Finishing System
The Patch Boys
Receivables
Owens Corning Basement Finishing System
The Patch Boys
Payroll
Owens Corning Basement Finishing System
The Patch Boys

Training & Support
Training
Owens Corning Basement Finishing System
The Patch Boys We provide full training and support at our headquarters in NY ( takes 4-6 days)
Support
Owens Corning Basement Finishing System Meetings, Internet, Field operations/evaluations, Purchasing cooperatives
The Patch Boys
Marketing
Owens Corning Basement Finishing System Co-op advertising, Ad slicks, National media
The Patch Boys
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 Patch Boys

Expansion Plans
US Expansion
Owens Corning Basement Finishing System
The Patch Boys 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 Patch Boys 0
International Expansion
Owens Corning Basement Finishing System
The Patch Boys