American Asphalt Sealcoating Co.
At a Glance
Products & Services: Asphalt maintenance services & coatings
Number of Locations: 8
Total Investment: $41.2K - 81.6K
Founded: 1987
Began Franchising: 1998
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2009 | 5 | 0 | 0 | 3 |
Startup Costs, Ongoing Fees and Financing
Total Investment: $41,200 - $81,600
Franchise Fee: $25,000
Ongoing Royalty Fee: 5-7%
Term of Franchise Agreement: 15 years, renewable
Franchise Fee: $25,000
Ongoing Royalty Fee: 5-7%
Term of Franchise Agreement: 15 years, renewable
Financial Requirements
Net Worth: $50,000
Liquid Cash Available: $50,000
Operations
Franchise can be run from home. <10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1 - 3. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 7-10 days. At franchisee's location: 3 days. At headquarters/franchise site : As needed.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks,
Other marketing support: Ad designs, rate negotiations