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Updated RecentlyHMI Concrete raising vs NextGen Great Sealcoating Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of HMI Concrete raising vs NextGen Great Sealcoating including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $50,000 | $72,850 - $179,100 |
| Franchise Fee | N/A | $15,000 |
| Royalty Fee | - | 7.5% |
| Advertising Fee | - | 1% |
| Year Founded | 1974 | 2005 |
| Year Franchised | 1974 | 2018 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | Yes/- |
| Inventory | -/- | Yes/- |
| Receivables | -/- | -/No |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: 33 hours Classroom Training: 10.5 hours |
| Support | - | Ongoing Support Purchasing Co-ops Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Co-op Advertising Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About HMI Concrete raising
!["HMI]("https://d1v10wa6gxsq73.cloudfront.net/images/sponsors/3663/HMI_NEW120.jpg")
HMI began as RaiseRite Concrete Lifting, Inc. in 1974. At that time, the
only slab raising pumps on the market were mechanical pumps designed in
the 1950’s, and needless to say, innovation wasn’t a descriptive word
for our industry.
Innovation and meeting customers’ expectations has driven us to become a world
leading manufacturer of concrete raising equipment and materials.
Through our history, we have led the concrete raising industry by
developing and introducing self-propulsion, radio remote control,
increased pumping speeds, and other improvements to our equipment to
meet the concrete raising industry’s needs.
About NextGen Great Sealcoating
!["NextGen]("https://fddexchange.com/wp-content/uploads/2020/10/NextGen-Great-Sealcoating-300x152.jpg")
NextGen Great Sealcoating is committed to providing you with the highest
quality driveway sealcoating & repair service, using the highest
quality products available. We staff courteous and professional people
whose goal is to deliver outstanding results and ensure your
satisfaction.
Seeking new franchise units in the following regions/states: