Start-Up Costs and Fees |
||
| Room Evolutions | Owens Corning SunSuites Sunroom | |
| Investment | 190000 - 320000 | 42400 - 120700 |
| Franchise Fee | ||
| Royalty Fee | 4% | 5% |
| Advertising Fee | 1% | |
| Year Founded | 1953 | 2006 |
| Year Franchised | 2008 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Room Evolutions | Owens Corning SunSuites Sunroom | |
| Experience | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. | |
Financing Options |
||
| Room Evolutions | Owens Corning SunSuites Sunroom | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Room Evolutions | Owens Corning SunSuites Sunroom | |
| Training | Initial one week orientation and ongoing | Available at headquarters: 8 days |
| Support | ||
| Marketing | Marketing materials are created and available | |
| Operations | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 9 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Room Evolutions | Owens Corning SunSuites Sunroom | |
| US Expansion | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin | 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 | |
| Room Evolutions | |
| Owens Corning SunSuites Sunroom | |
| Franchise Fee | |
| Room Evolutions | |
| Owens Corning SunSuites Sunroom | |
| Royalty Fee | |
| Room Evolutions | 4% |
| Owens Corning SunSuites Sunroom | 5% |
| Advertising Fee | |
| Room Evolutions | 1% |
| Owens Corning SunSuites Sunroom | |
| Year Founded | |
| Room Evolutions | 1953 |
| Owens Corning SunSuites Sunroom | 2006 |
| Year Franchised | |
| Room Evolutions | 2008 |
| Owens Corning SunSuites Sunroom | 2006 |
| Term Of Agreement | |
| Room Evolutions | 5 years +5+5+5 |
| Owens Corning SunSuites Sunroom | 5 yeaqrs |
| Renewal Fee | |
| Room Evolutions | $5,000 |
| Owens Corning SunSuites Sunroom | $5,000 |
Business Experience Requirements |
|
| Experience | |
| Room Evolutions | Senior or mid- manager business experience, remodeling, or construction (home building or commercial) experience. |
| Owens Corning SunSuites Sunroom | |
Financing Options |
|
| Franchise Fees | |
| Room Evolutions | No |
| Owens Corning SunSuites Sunroom | No |
| Start-up Costs | |
| Room Evolutions | |
| Owens Corning SunSuites Sunroom | |
| Equipment | |
| Room Evolutions} | |
| Owens Corning SunSuites Sunroom | |
| Inventory | |
| Room Evolutions | |
| Owens Corning SunSuites Sunroom | |
| Receivables | |
| Room Evolutions | |
| Owens Corning SunSuites Sunroom | |
| Payroll | |
| Room Evolutions | |
| Owens Corning SunSuites Sunroom | |
Training & Support |
|
| Training | |
| Room Evolutions | Initial one week orientation and ongoing |
| Owens Corning SunSuites Sunroom | Available at headquarters: 8 days |
| Support | |
| Room Evolutions | |
| Owens Corning SunSuites Sunroom | |
| Marketing | |
| Room Evolutions | Marketing materials are created and available |
| Owens Corning SunSuites Sunroom | |
| Operations | |
| Room Evolutions | |
| Owens Corning SunSuites Sunroom | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 9 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Room Evolutions | Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Ohio, Pennsylvania, Virginia, Wisconsin |
| Owens Corning SunSuites Sunroom | 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 | |
| Room Evolutions | |
| Owens Corning SunSuites Sunroom | |
| International Expansion | |
| Room Evolutions | |
| Owens Corning SunSuites Sunroom | |