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Updated RecentlyJet-Black vs CORE Group Restoration Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Jet-Black vs CORE Group Restoration 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 | $76,000 - $371,150 |
| Franchise Fee | $25,000 | $30,000 |
| Royalty Fee | 1%-8% | - |
| Advertising Fee | - | - |
| Year Founded | 1988 | 2019 |
| Year Franchised | 1993 | 2019 |
| 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 | 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 CORE Group Restoration
!["CORE]("https://fddexchange.com/wp-content/uploads/2019/12/CORE-Group-Restoration.png")
CORE is a unique take on property damage restoration. Made up of the
largest and most capable property restoration service providers,
CORE is redefining what it means to restore lives.
CORE's business model is unlike anything else on the market today and
offers elite contractors the ability to be a part of a premier service
offering, align themselves with an organization that believes in
operating with the highest standards of craftsmanship, quality and
integrity, all without giving up their independence.
The total investment necessary to begin operation of a single CORE Group
Restoration franchised business is between $76,000 and $371,150. This
includes $50,000 to $93,150 that must be paid to the franchisor or its
affiliate(s).
The total investment necessary to begin operation of two CORE Businesses under a Multi-Unit Franchise is between $127,000 and $742,300. This includes $75,000 to $186,300 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of two CORE Businesses under a Multi-Unit Franchise is between $127,000 and $742,300. This includes $75,000 to $186,300 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of ten
CORE Businesses under a Multi-Unit Franchise is between $335,000 and
$3,111,500. This includes $150,000 to $331,500 that must be paid to the
franchisor or its affiliate(s).