American Asphalt Sealcoating Co.

Founded: 1987 Franchising since: 1998

P.O. Box 600 Chesterland, Ohio 44026

Phone: (888)603-7325/ (440)729-8080

Franchisor is a privately-held company with 11 employee(s); 6 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	5	0	0	3
2008	--	--	--	--
2007	7	0	0	0
2006	12	0	0	1
2005	10	0	0	1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: Varies

Total investment: $41.2K-81.6K Franchise fee: $25K

Ongoing royalty fee: 5-7% Term of agreement: 15 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	Yes	No
Startup Costs	Yes	No
Equipment	Yes	Yes
Inventory	Yes	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $50K
Cash liquidity requirement: $50K
Business Experience:

• General business experience
• Marketing skills
• Aggressive and outgoing personality preferred

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)

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

Franchise 500® rank:
#496 (2005);

Low-Cost Franchises:
#138 (2005);