Owens Corning Basement Finishing System

Founded: 2000 Franchising since: 2000

One Owens Corning Pkwy. Toledo, Ohio 43659

Phone: (800)438-7465

Franchisor is a publicly-held company with 1000 employee(s); 15 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	70	4	0	2
2008	86	5	0	0
2007	90	4	0	0
2006	94	0	0	0
2005	87	0	0	0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, 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, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada

Exclusive territories available.
Territory size: Based on opportunity within metropolitan statistical areas

Total investment: $60.9K-219.8K Franchise fee: $15K+

Ongoing royalty fee: 5% Term of agreement: 5 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Cash liquidity requirement: $150K
Business Experience:

• Industry experience
• General business experience
• Marketing skills
• Must have or obtain a general contracting license

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)

Training

• Available at headquarters: 1 week
• At franchisee's location: 1-3 days

Ongoing Support

• Meetings
• Internet
• Field operations/evaluations
• Purchasing cooperatives

Marketing Support

• Co-op advertising
• Ad slicks
• National media

Franchise 500® rank:
#344 (2008);