Jet-Black Franchise Group

Jet-Black Franchise Group

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

#335

Initial Investment

LOW: $43,025
HIGH: $100,226

Change in Units

+1.0% +1 UNITS (1 Year)
+8.9% +8 UNITS (3 Years)

Company Profile

Founded

1988

Franchising Since

1993 (24 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

$43,025 - $100,226

Liquid Cash Requirement

$20,000

Ongoing Fees

Initial Franchise Fee

$7,500

Ongoing Royalty Fee

1-8%

Financing Options

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

Veteran Incentives


Franchise fee waived

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: as needed (fees apply)

Training at headquarters: 5+ days

Additional Training: At advanced training seminars

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

Marketing Support
Co-op Advertising
Regional Media

Absentee Ownership Allowed

Number of employees required to run: 3

Related Franchises

Related Articles

3 Key Questions That Will Help You Decide If Your Business Can Be Franchised

3 Key Questions That Will Help You Decide If Your Business Can Be Franchised

If you're not sure that franchising is for you, answering these three questions could be all you need to do to decide.
Rick Grossmann
To Get Branding Right, an Entrepreneur Needs to Emotionally Connect with the Product First

To Get Branding Right, an Entrepreneur Needs to Emotionally Connect with the Product First

Your value system should be clear and there should be certain amount of consistency in company processes - Amol Arora
Sneha Banerjee
The Pros and Cons of Franchising Your Business

The Pros and Cons of Franchising Your Business

Before you take the first step to turn your business into a franchise, read these advantages and disadvantages of franchising.
Rick Grossmann
Smart Tips for Growing Your Franchise

Smart Tips for Growing Your Franchise

Once you've launched your franchise, find out what more you can do to grow your business.
Rick Grossmann
How This Badminton Star is Shuttling the Right Opportunity

How This Badminton Star is Shuttling the Right Opportunity

For this sports star B comes before A, at least that's how her life unfolded.
Punita Sabharwal

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: January 5th, 2017

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012