Jet-Black Franchise Group

Jet-Black Franchise Group

#310

Initial Investment

LOW: $42,525
HIGH: $104,310

Change in Units

+3.1% +3 UNITS (1 Year)
+7.2% +7 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1988

Franchising Since

1993 (23 Years)

Corporate Address

12445 Boone Ave. S. Savage, MN 55378

CEO

Andrew Hoiland

Parent Company

Jet-Black Int'l. Inc.

About Jet-Black Franchise Group

In August 1987, Doug and Andy Hoiland's parents had their driveway seal-coated. The brothers were not impressed with the results: cracks left unfilled, oil spots bleeding through, and footprints from the sealer on the sidewalk. When they found that most paving companies did seal-coating only on the side, they decided to open their own business, specializing in seal-coating, in May 1988. In 1993, they awarded their first Jet-Black franchise.

Jet-Black franchisees offer driveway repair services including power-cleaning, heat-treating oil spots, seal-coating, patching cracks and caulking joints.

Financials

Financial Requirements

Initial Investment

$42,525 - $104,310

Liquid Cash Requirement

$20,000

Ongoing Fees

Initial Franchise Fee

$7,500 - $10,000

Ongoing Royalty Fee

2-8%

Financing Options

Jet-Black Franchise Group offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory

Veteran Incentives


50% off franchisee fee/franchise fee waived for 2nd territory

Franchise 500® Rank History

Highest Rank: 257

Lowest Rank: 497

  • 2007 - 488
* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and Canada.

Operations & Franchisor Support

Training Onsite: Ongoing

Training at headquarters: 1 week

Additional Training: At advanced training seminars

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks

Absentee Ownership Allowed

Number of employees required to run: 3

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 20th, 2015

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