Jet-Black vs HOCOA Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Jet-Black vs HOCOA including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Jet-Black Franchise
HOCOA Franchise
Investment $71,600 - $125,340$101,000 - And Up
Franchise Fee $25,000$25,900
Royalty Fee 1%-8%-
Advertising Fee --
Year Founded 19881994
Year Franchised 19931999
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --


Business Experience Requirements
 
Jet-Black Franchise
HOCOA Franchise
Experience
  • General business experience
  • Interpersonal skills; management experience preferred
    		• -

    Financing Options
     
    Jet-Black Franchise
    HOCOA Franchise
      In-House/3rd PartyIn-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
     
    Jet-Black Franchise
    HOCOA Franchise
    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
     
    Jet-Black Franchise
    HOCOA Franchise
    US Expansion YesYes
    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 HOCOA

    The Hocoa Franchise Opportunity is perfect for an entrepreneur that wants financial independence without a storefront or inventory. We are a home repair network for homeowners and contractors. You will get complete training, operations manual, marketing plan, artwork and custom management software. HOCOA has been in operation since 1994. Our franchises span from the west to the east coast. Franchise cost includes: *Computer Software Package, custom designed for the operation of HOCOA: *Specified Territory *Marketing Plan *Computer Training Manual *Operations Manual *Artwork and use of Recognized Logo *Support Services *Training Seminar