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Updated RecentlySealMaster vs Honest Abe Roofing Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of SealMaster vs Honest Abe Roofing including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $579,800 - $924,500 | $98,471 - $330,285 |
| Franchise Fee | $35,000 | $35,000 - $70,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | 1.5% | - |
| Year Founded | 1969 | 2017 |
| Year Franchised | 1991 | 2017 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 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/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| 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 |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
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 Honest Abe Roofing
!["Honest]("https://fddexchange.com/wp-content/uploads/2020/06/Honest-Abe-Complete-300x152.jpg")
Do you dream of being your own boss? Do you want to control your own future? Do you want to own a successful business but just don’t know how?
Then, becoming an Honest Abe Roofing Franchisee is the life improving decision you need to make.
Right now, 3% of the homes in your area need a new roof!
We can help you make life changing amounts of money in this multi-million-dollar industry that is recession resistant and growing.
The Honest Abe Roofing system will be a game changer in your marketplace and someone from your area will partner with us to take over this space, so don’t wait! Invest in your future! Invest in you! Become an Honest Abe Roofing franchisee today!