SealMaster vs EXOVATIONS Franchise Comparison

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

Start-Up Costs and Fees
 
SealMaster Franchise
EXOVATIONS Franchise
Investment $579,800 - $924,500$93,050 - $158,750
Franchise Fee $35,000$35,000
Royalty Fee 5%5%
Advertising Fee 1.5%1%
Year Founded 19691996
Year Franchised 19912006
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
SealMaster Franchise
EXOVATIONS Franchise
Experience
  • Sales experience
    		• -

    Financing Options
     
    SealMaster Franchise
    EXOVATIONS Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    SealMaster Franchise
    EXOVATIONS Franchise
    Training 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 Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media-
    Operations 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
     
    SealMaster Franchise
    EXOVATIONS Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About SealMaster

    Since 1969, SealMaster locations have been providing contractors with the supplies and equipment necessary to repair pavement. Franchises in the Sandusky, Ohio-based chain manufacture and sell pavement sealers on site. SealMaster also sells concrete products, sport surfacing, traffic paints, tanks, trailers, machines, pumps and other tools. SealMaster locations hold training seminars for contractors and others who are interested in learning more about pavement maintenance.

    The total investment necessary to begin operation of a franchised business is $579,800 to $924,500. This includes $420,000 to $585,000 that must be paid to the franchisor or their affiliate. If you are a conversion franchisee, the total investment necessary to begin operation of a franchised business is $64,300 to $651,000. This includes $60,000 to $425,000 that must be paid to the franchisor or their affiliate.

    Veteran Incentives  $10,000 off franchise fee

    #292 in Franchise 500 for 2021.  Not in Franchise 500 for 2020.



    About EXOVATIONS

    EXOVATIONS solves homeowners' exterior remodeling needs with creative solutions combining curb appeal with durability. EXOVATIONS uses materials that are no or low maintenance and come with excellent warranties. In other words, EXOVATIONS create exteriors for looks and for life. By focusing our business solely on home exteriors, EXOVATIONS stays true to our strength, skill, value, and our brand. Unlike many other replacement contractors, our sales process is informative and consultative, not the high-pressure, one-call close approach. We find that the more educated and informed our customers are, the smoother the project runs and the more likely we are to gain repeat and referral business. That is why we say that we're changing home exteriors. We change the look of the home and the way business is conducted in our industry.