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Jet-Black Int'l. Inc.

Asphalt maintenance services

Background

Founded: 1988 Franchising since: 1993
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.

990 Lone Oak Rd., #142
Eagan, Minnesota 55121
Phone:
(651)686-6200/ (952)807-1083


Franchisor is a privately-held company with 10 employee(s); 4 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 76 0 0 3
2008 -- -- -- --
2007 110 0 0 2
2006 99 0 0 4
2005 98 0 0 2

Where Seeking Franchisees
In the U.S. 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, Pennsylvania, Rhode island, South carolina, Tennessee, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: Varies by location and demographics

Costs and Fees

Total investment: $58.4K-108.5K
Franchise fee: $20K
Ongoing royalty fee: 2-8%
Term of agreement: 7 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $49K
Business Experience:
  • General business experience
  • Interpersonal skills; management experience preferred

Operations
  • Franchise can be run from home
  • 44% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 3
  • Absentee ownership of franchise is allowed. (93% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week
  • At franchisee's location: Ongoing
  • At advanced training seminars

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
  • PR, marketing programs, lead generation

Rankings

Franchise 500® rank:
#488 (2007); #347 (2005);

Ranked #1 in category in:
2005;

Low-Cost Franchises:
#95 (2005);

Top Home Based Franchises:
#96 (2005);


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