FDD Analysis Report
Jet-Black
JET-BLACK INTERNATIONAL INC
Key Metrics At-a-Glance
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of gross sales
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of gross sales
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53 units
N/A
Not disclosed
About This Franchise
## Executive Summary
Jet-Black is a well-established asphalt sealcoating and repair franchise founded in 1987 in Minnesota and franchising since 1993. With 80 franchisees operating in 135 territories across 22 states and over 500,000 completed jobs, Jet-Black represents a proven home-based business model in the property maintenance sector. The franchise offers a relatively low initial investment ($118K-$174K), veteran discounts, in-house financing, and a unique brush application method that differentiates their service quality.
## The Business
Jet-Black specializes in residential and commercial asphalt maintenance services including driveway and parking lot sealcoating, crack filling and joint repair, power cleaning and oil spot treatment, sunken asphalt repair, line striping, and infrared repair. The companys signature brush application method delivers a superior, long-lasting matte finish. Operations are home-based with a fully equipped sealcoating trailer.
## The Numbers
| Metric | Amount | |--------|--------| | Initial Investment | $117,923 - $173,773 | | Franchise Fee | $48,000 - $80,000 | | Single Territory Investment | ~$61,050 | | Liquid Capital Required | $25,000 | | Average Gross Sales | $415,986/year | | Estimated Owner Earnings | $58,239 - $74,878/year | | Payback Period | 2.7 - 4.7 years | | Total Franchisees | 80 | | Territories Covered | 135 in 22 states | | Jobs Completed (System) | 500,000+ since 1987 |
## System Health
Growth Indicators: 6 new franchise owners added in 2024, 38 years in business with 34 years of franchising experience, recognized in Entrepreneurs Franchise 500 for 15+ consecutive years, named Top Recession-Resistant Franchise (2025), over 10,000 verified 5-star Google reviews system-wide. Founder Andy Hoiland retired in March 2024.
## Franchisee Experience
Training includes two-week intensive program at headquarters. Support includes fully equipped sealcoating trailer, STARS database license, opening inventory, marketing support. Territory protection provided. Financing options include in-house financing up to $30,000 at 9% interest over 5 years, plus veteran discounts.
## Risk Assessment
Key Concerns: Seasonality limits income to 6-8 months, physical demanding work, founder departure in 2024, limited to 22 states.
Risk Mitigators: 34 years of proven systems, low investment with 2.7-4.7 year payback, recurring revenue from maintenance cycles, home-based model minimizes overhead.
## Competitive Position
Competes with local sealcoating contractors and national paving companies. Advantages include national brand recognition rare in fragmented industry, proprietary brush application method, and established supplier relationships.
## Validation Questions
1. What is the detailed breakdown of the $58K-$75K earnings range? 2. How has the business performed since founder retirement in March 2024? 3. What is the average franchisee tenure and termination rate? 4. How do earnings differ between single and multi-territory operators? 5. What marketing support is provided?
## Data Gaps
Specific data on franchisee turnover, regional performance variance, and post-retirement operations not fully disclosed.
Ongoing Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Royalty | See FDD of Gross Revenue | - |
| Brand Fund | See FDD of Gross Revenue | - |
Item 19: Financial Performance Representations
No Financial Performance Representations
This franchisor does not provide Item 19 financial performance representations. Approximately 35% of franchisors choose to disclose this information.
Recommendation: Request financial information directly from existing franchisees listed in Exhibit I during your due diligence. Contact 10-15 franchisees to gather revenue and profitability data before making an investment decision.
Learn more about Item 19 disclosures →Risk Assessment
Items to Review
No notable items identified
Positive Indicators
Review FDD for positive factors
Due Diligence Recommendations
Contact 10-15 existing franchisees to gather operational and financial insights
Franchisee interviews are the most valuable source of information about day-to-day operations and realistic financial expectations.
Have a franchise attorney review the Franchise Agreement
Professional legal review can identify unfavorable terms and potential negotiation points.
Research local market conditions and competition
Understanding your specific market is essential for success, regardless of system-wide performance.
Download Complete FDD
Access the full Franchise Disclosure Document including all 23 items, exhibits, and financial statements.
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Learn More About FDDs
New to franchise investing? Our educational guides will help you understand what to look for in the Jet-Black FDD.
The Ultimate Guide to FDDs
Learn how to read and analyze Franchise Disclosure Documents
Understanding Item 7: Initial Investment
How to evaluate franchise investment costs
FDD Item 5: Initial Fees Explained
What you pay upfront to become a franchisee
Item 20: Franchisee Information
Analyze system growth and contact franchisees
About Jet-Black Franchise
Jet-Black is a franchise that offers entrepreneurs the opportunity to own and operate their own business within an established system. As of the 2026 Franchise Disclosure Document, the system has grown to 53 locations across the United States. This analysis provides prospective franchisees with key insights from the FDD to support informed investment decisions.
Jet-Black Franchise Cost
The total initial investment required to open a Jet-Black franchise ranges from See FDD for details. This investment includes the initial franchise fee of See FDD for details, along with expenses for real estate, equipment, inventory, training, and working capital to sustain operations during the initial period. Ongoing fees include a royalty fee of See FDD of gross sales. Prospective franchisees should review Item 7 of the FDD for a complete breakdown of estimated initial investment costs.
Jet-Black Item 19 Financial Performance
Jet-Black does not provide financial performance representations in Item 19 of their FDD. Approximately 35% of franchisors choose to disclose this information. Without franchisor-provided financial data, prospective franchisees should contact existing franchisees directly to gather information about revenue, expenses, and profitability. The franchisee contact list in Exhibit I provides names and contact information for current and former franchise owners.
Jet-Black Franchise Growth and System Health
The Jet-Black franchise system has shown stable performance based on unit count data from Item 20 of the FDD. Prospective franchisees should examine the historical data on unit openings, closings, and transfers to understand the system's trajectory and identify any concerning trends.
Jet-Black Franchise Investment Considerations
The Jet-Black FDD contains important disclosures that prospective franchisees should carefully review before making an investment decision. Key factors to evaluate include the franchise fee structure, ongoing royalty requirements, territory rights, termination history, and franchisor support systems. Every franchise investment carries risk, and this analysis should be combined with professional legal and financial advice. Review the complete FDD and speak with current franchisees to gain a comprehensive understanding of the opportunity.
Due Diligence Recommendations for Jet-Black
Before investing in a Jet-Black franchise, prospective franchisees should:
- Contact multiple existing franchisees to gather operational and financial insights
- Have a franchise attorney review the Franchise Agreement and all exhibits
- Research local market conditions and competitive landscape
- Develop a detailed business plan with realistic financial projections
- Verify all information provided by the franchisor independently
Download the Jet-Black FDD
Access the complete Jet-Black Franchise Disclosure Document, including all 23 Items, exhibits, franchise agreement, and audited financial statements. FreeFDDs™ provides free access to FDDs to promote franchise transparency and help prospective franchisees make informed decisions. The FDD contains critical information that should be reviewed in its entirety before making any investment decision.
Disclaimer
This analysis report is provided for informational purposes only. The data presented has been extracted from the Franchise Disclosure Document and may contain errors or omissions.
Prospective franchisees should conduct their own due diligence, review the complete FDD document, and consult with qualified legal and financial advisors before making any investment decisions.