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Updated RecentlyJet-Black vs ReNew Refinishing Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Jet-Black vs ReNew Refinishing including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $71,600 - $125,340 | N/A |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 1%-8% | - |
| Advertising Fee | - | - |
| Year Founded | 1988 | 2006 |
| Year Franchised | 1993 | - |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | On-The-Job Training: 24+ hours Classroom Training: 16+ hours Additional Training: At advanced training seminars | - |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations |
Franchise can be run from home. 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | Yes | - |
| International Expansion | Yes | - |
Company Overviews
About Jet-Black
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.
The total investment necessary to begin operation of a Jet-Black
business is from $71,600 to $125,340 for one to two Franchised
Territories. This includes $61,050 to $79,940 that must be paid to the
franchisor or its affiliate. The total investment necessary to begin
operation of a Yellow Dawg Striping business is from $55,050 to $77,400
for one to two Franchised Territories. This includes $44,500 to $52,500
that must be paid to the franchisor or its affiliate.
Veteran Incentives First-unit franchise fee waived
#241 in Franchise 500 for 2020.About ReNew Refinishing
Commercial Tub/Tile/Kitchen Refinishing.