Start-Up Costs and Fees |
||
| Owens Corning Basement Finishing System | CRATE | |
| Investment | 41000 - 167000 | 100424 - 177999 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 2%-4% |
| Advertising Fee | $38,500 - $42,000 annually | |
| Year Founded | 2000 | 2011 |
| Year Franchised | 2000 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Owens Corning Basement Finishing System | CRATE | |
| Experience | Industry experience General business experience Marketing skills Must have or obtain a general contracting license; specialty in-home selling | We're looking to partner with motivated entrepreneurs who have liquid funds amounting to at least 150% of the figures listed in Item 7 of CRATE's Franchise Disclosure Document, and proper licensing. |
Financing Options |
||
| Owens Corning Basement Finishing System | CRATE | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Owens Corning Basement Finishing System | CRATE | |
| Training | Ongoing | |
| Support | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | CRATE franchisees receive ongoing training and support with everything from lead screening, marketing, sales, project management, field implementation, and security/safety procedures. CRATE's 24/7 support team offers contractors the benefit of warmed up leads and setting up initial walk-throughs. |
| 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) | Our time-tested business model equips contractors with the necessary tools to offer a residential construction business which offers affordable remodeling for kitchens and bathrooms to customers wishing to implement a high-end renovation to an existing kitchen or bathroom layout. Our system is designed to maximized efficiency, as well as profit-per-workday. |
Expansion Plans |
||
| Owens Corning Basement Finishing System | CRATE | |
| US Expansion | Arizona, California, Nevada, Oregon | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Owens Corning Basement Finishing System | |
| CRATE | |
| Franchise Fee | |
| Owens Corning Basement Finishing System | |
| CRATE | |
| Royalty Fee | |
| Owens Corning Basement Finishing System | 5% |
| CRATE | 2%-4% |
| Advertising Fee | |
| Owens Corning Basement Finishing System | |
| CRATE | $38,500 - $42,000 annually |
| Year Founded | |
| Owens Corning Basement Finishing System | 2000 |
| CRATE | 2011 |
| Year Franchised | |
| Owens Corning Basement Finishing System | 2000 |
| CRATE | 2015 |
| Term Of Agreement | |
| Owens Corning Basement Finishing System | 5 years |
| CRATE | |
| Renewal Fee | |
| Owens Corning Basement Finishing System | $9K |
| CRATE | |
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 |
| CRATE | We're looking to partner with motivated entrepreneurs who have liquid funds amounting to at least 150% of the figures listed in Item 7 of CRATE's Franchise Disclosure Document, and proper licensing. |
Financing Options |
|
| Franchise Fees | |
| Owens Corning Basement Finishing System | No |
| CRATE | No |
| Start-up Costs | |
| Owens Corning Basement Finishing System | |
| CRATE | |
| Equipment | |
| Owens Corning Basement Finishing System} | |
| CRATE | |
| Inventory | |
| Owens Corning Basement Finishing System | |
| CRATE | |
| Receivables | |
| Owens Corning Basement Finishing System | |
| CRATE | |
| Payroll | |
| Owens Corning Basement Finishing System | |
| CRATE | |
Training & Support |
|
| Training | |
| Owens Corning Basement Finishing System | |
| CRATE | Ongoing |
| Support | |
| Owens Corning Basement Finishing System | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives |
| CRATE | CRATE franchisees receive ongoing training and support with everything from lead screening, marketing, sales, project management, field implementation, and security/safety procedures. CRATE's 24/7 support team offers contractors the benefit of warmed up leads and setting up initial walk-throughs. |
| Marketing | |
| Owens Corning Basement Finishing System | Co-op advertising, Ad slicks, National media |
| CRATE | |
| 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) |
| CRATE | Our time-tested business model equips contractors with the necessary tools to offer a residential construction business which offers affordable remodeling for kitchens and bathrooms to customers wishing to implement a high-end renovation to an existing kitchen or bathroom layout. Our system is designed to maximized efficiency, as well as profit-per-workday. |
Expansion Plans |
|
| US Expansion | |
| Owens Corning Basement Finishing System | |
| CRATE | Arizona, California, Nevada, Oregon |
| Canada Expansion | |
| Owens Corning Basement Finishing System | |
| CRATE | |
| International Expansion | |
| Owens Corning Basement Finishing System | |
| CRATE | |