|
Below is an in-depth analysis and side-by-side comparison of Jet-Black vs SealMaster including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $71,600 - $125,340 | $579,800 - $924,500 |
Franchise Fee | $25,000 | $35,000 |
Royalty Fee | 1%-8% | 5% |
Advertising Fee | - | 1.5% |
Year Founded | 1988 | 1969 |
Year Franchised | 1993 | 1991 |
Term Of Agreement | 15 years | 10 years |
Term Of Agreement | 15 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | ||
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | On-The-Job Training: 24+ hours Classroom Training: 16+ hours Additional Training: At advanced training seminars | You and your designated manager (if any) and up to three employees will participate in an initial training and familiarization course of one to two weeks in duration. You’ll learn SealMaster® manufacturing, sales and marketing techniques, financial controls and other administrative and operational aspects of the SealMaster® business. In addition, a SealMaster® field representative will provide additional assistance at your location to help you get started. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, Ad slicks, National media |
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) |
8% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | Yes | No |
International Expansion | Yes | Yes |