NextGen Great Sealcoating

NextGen Great Sealcoating

Asphalt sealcoating and maintenance
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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$44K - $163K
Units as of 2019
1

Company Overview

About NextGen Great Sealcoating

Industry
Maintenance
Founded
2005
Leadership
Tim Smeltz, CEO

Franchising Overview

Franchising Since
2018 (3 years)
# of employees at HQ
12
Where seeking

This company is seeking new franchisees in the following US states: Delaware, Maryland, New Jersey, New York, Pennsylvania

# of Units
1 (as of 2019)

Franchisor Information

Social
Facebook
Corporate Address
5538 Hamilton South
Sciota, PA 18354

Information for Franchisees

Here’s what you need to know if you’re interested in opening a NextGen Great Sealcoating franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$15,000
Initial Investment
$43,900 - $163,400
Veteran Incentives
20% off franchise fee
Royalty Fee
7.5%
Ad Royalty Fee
1%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
NextGen Great Sealcoating offers in-house financing to cover the following: equipment, inventory
Third Party Financing
NextGen Great Sealcoating has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
33 hours
Classroom Training
10.5 hours
Ongoing Support
Purchasing Co-ops
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
2
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where NextGen Great Sealcoating landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021