Jet-Black Franchise
Saturday, April 24, 2010 at 12:07AM Driveway repair
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 franchise business owners offer driveway repair services including power-cleaning, heat-treating oil spots, seal-coating, patching cracks and caulking joints.
Start-up Costs & Franchises Fees
What is the total cost to open a Jet-Black Franchises?
Total Cost: $49,000 USD -$150,000 USD
Total Franchise Fees: $20,000 USD
Ongoing Royalty Fees: 8%
Ongoing Advertising Fees:
Term of Agreement: 15 years
Contact Information for Jet-Black
|
Jet-Black International Inc. |
Phone Number: (952)890-8343 |
Jet-Black In the Press
No results at this time.Historical Expansion
In what year did Jet-Black begin operations? 1988
When did Jet-Black begin selling franchises? 1993
Year United States Canada International Corporate 2005 105 0 0 2 2004 140 0 0 2 2003 146 0 0 2 2002 125 0 0 0 2001 101 0 0 0
Future Expansion
United States: Alaska, Alabama, Colorado, Connecticut, Delaware, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
Countries of Interest: Canada,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Training
At advanced training seminars
Support
In the Pressletter, Meetings, Toll free phone number, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.30% of all franchise business owners own more than one franchise location.
Number of employees needed to run franchised unit: 3
Absentee ownership of franchise is allowed. (99% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Interpersonal skills; management experience preferred
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes