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American Asphalt Sealcoating
 

Get your share at the billion dollar pavement maintenance industry with our franchise. Residential, commercial and industrial sealcoating and pavement services. 94% of all pavement is asphalt that needs our service. (50 million driveways, 7+ million parking lots, 4 million miles of road.) Our expert training staff and low start-up investment of $38K will get you up and running within 60 days. Your trained crew will perform the work while you manage the business from your home-based office.

Franchisor Background

Year Established:

  1988

Franchising Since:

  1998

Operating Units:

Franchised Units:11 91.7%  
Company-Owned Units:1 8.3%  
 ______ _____  
Total Operating Units:12 100%  
 

Geographic Distribution:

U.S.:11 100% In 4 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:11 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Ohio4
2. Virginia1

Registered in Following Registration States:

  

Financial Requirements

Investment:

Minimum Net Worth:$50K
Cash Investment:$10-30K
Total Investment:$35-50K
Average Total Investment:$42K
 

Fees:

Initial Franchise Fee:$15K
Average Franchise Fee:$15K
On-Going Royalty:5-7%
Average Royalty:6%
Advertising Fee:1%

Average Number of Employees:

   1-2 Full-time, 1-2 Part-time

Space Needs (in square footage):

  

Preferred Sites:

  

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:6
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Direct
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:At Additional Cost
Initial Store Opening:Not Applicable
Inventory Control:Not Applicable
Franchisee Newsletter:Not Applicable
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:4
General Business Experience:3
Specific Industry Experience:1
Formal Education:1
Psychological Profile:1
Personal Interview(s):3

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:15 Year(s)
Term of Renewal Period:15 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   10
U.S.:Yes, All United States
Canada:No
Overseas:No
 
 
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