HomeVestors of America vs Owens Corning Basement Finishing System Franchise Comparison

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

Start-Up Costs and Fees
  HomeVestors of America Owens Corning Basement Finishing System
Investment 70000 - 426250 41000 - 167000
Franchise Fee 0 0
Royalty Fee Varies 5%
Advertising Fee Varies
Year Founded 1989 2000
Year Franchised 1996 2000
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  HomeVestors of America Owens Corning Basement Finishing System
Experience General business experience Industry experience General business experience Marketing skills Must have or obtain a general contracting license; specialty in-home selling

Financing Options
  HomeVestors of America Owens Corning Basement Finishing System
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory Yes No
Receivables No No
Payroll No No

Training & Support
  HomeVestors of America Owens Corning Basement Finishing System
Training 1 week initial training
Support Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market Meetings, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, Regional advertising Co-op advertising, Ad slicks, National media
Operations Less than 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% 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
  HomeVestors of America 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
International Expansion

Start-Up Costs and Fees Mobile
Investment
HomeVestors of America
Owens Corning Basement Finishing System
Franchise Fee
HomeVestors of America
Owens Corning Basement Finishing System
Royalty Fee
HomeVestors of America Varies
Owens Corning Basement Finishing System 5%
Advertising Fee
HomeVestors of America Varies
Owens Corning Basement Finishing System
Year Founded
HomeVestors of America 1989
Owens Corning Basement Finishing System 2000
Year Franchised
HomeVestors of America 1996
Owens Corning Basement Finishing System 2000
Term Of Agreement
HomeVestors of America 5 years
Owens Corning Basement Finishing System 5 years
Renewal Fee
HomeVestors of America
Owens Corning Basement Finishing System $9K


Business Experience Requirements
Experience
HomeVestors of America General business 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

Financing Options
 
Franchise Fees
HomeVestors of America No
Owens Corning Basement Finishing System No
Start-up Costs
HomeVestors of America
Owens Corning Basement Finishing System
Equipment
HomeVestors of America}
Owens Corning Basement Finishing System
Inventory
HomeVestors of America
Owens Corning Basement Finishing System
Receivables
HomeVestors of America
Owens Corning Basement Finishing System
Payroll
HomeVestors of America
Owens Corning Basement Finishing System

Training & Support
Training
HomeVestors of America 1 week initial training
Owens Corning Basement Finishing System
Support
HomeVestors of America Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives, ongoing mentoring support in each market
Owens Corning Basement Finishing System Meetings, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing
HomeVestors of America Co-op advertising, Ad slicks, Regional advertising
Owens Corning Basement Finishing System Co-op advertising, Ad slicks, National media
Operations
HomeVestors of America Less than 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% 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
HomeVestors of America 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
HomeVestors of America
Owens Corning Basement Finishing System
International Expansion
HomeVestors of America
Owens Corning Basement Finishing System