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Rates
Jet-Black

Jet-Black

Franchising since 1987 · 10 locations

The total investment to open a Jet-Black franchise ranges from $41,450 - $51,450. The initial franchise fee is $25,000. Ongoing royalties are 6%. Jet-Black currently operates 10 locations (10 franchised). PeerSense FPI health score: 50/100. Data sourced from the 2025 Franchise Disclosure Document.

Investment

$41,450 - $51,450

Franchise Fee

$25,000

Total Units

10

10 franchised

FPI Score
Medium
50

Proprietary PeerSense metric

Moderate
Capital Partners
9lenders available

Active capital sources verified for Jet-Black financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Growing (10-24 loans)

Medium Confidence
50out of 100
Moderate

SBA Lending Performance

SBA Default Rate

0.0%

0 of 11 loans charged off

SBA Loans

11

Total Volume

$0.6M

Active Lenders

9

States

5

What is the Jet-Black franchise?

The challenge of maintaining property value and infrastructure integrity presents a persistent demand for specialized services, creating a robust landscape for franchise investors seeking durable business models. Jetblack franchise, a premier entity specializing in asphalt maintenance, sealcoating, and repair services, addresses this fundamental need, offering a compelling business opportunity within a consistently demanding industry. Established in 1987 by brothers Andy Hoiland and Doug Hoiland, the company built its foundation from its headquarters in Savage, Minnesota, steadily growing its operational footprint over decades. After 37 years of dedicated leadership, co-founder and CEO Andy Hoiland retired in June 2024, marking a significant leadership transition with former CFO Nick Kelso stepping into the CEO role, while Luke Urbaniak was simultaneously promoted to Vice President and Travis Andersen assumed the position of Director of Field Operations, ensuring continuity and strategic evolution. The Jetblack brand commenced its franchising journey shortly after its inception in 1993, systematically expanding its trusted services across the United States and Canada. As of June 2024, the Jetblack franchise network encompasses 126 franchised territories operating across 18 states in the U.S. and extending into Canada, demonstrating a significant geographical reach. Other reports from 2023 indicate a total of 101 units, comprising 93 franchised-owned locations and 8 company-owned operations, while another source specifies 108 active franchise units nationwide, composed of 102 US Franchises and 6 Corporate Locations, highlighting a consistent and substantial presence. Since its founding, the Jetblack franchise has successfully completed an impressive aggregate of over 500,000 jobs, with a remarkable achievement of more than 28,000 jobs completed in 2025 alone, underscoring its operational capacity and market penetration. The brand’s established market position is further reinforced by its holding of six federal trademarks, which emphasize its recognized quality and proprietary processes. This independent analysis from PeerSense provides a deep dive into why the Jetblack franchise matters to discerning franchise investors, positioning it within the "All Other Specialty Trade Contractors" category, a sector valued at an immense $7,794.85 billion in 2025, reflecting its vast total addressable market.

The industry landscape in which the Jetblack franchise operates is characterized by its substantial scale and consistent growth trajectory, making it an attractive sector for strategic investment. The pavement maintenance sector alone is valued at an impressive over $200 billion, representing a significant portion of the broader "Specialty Trade Contractors" industry. This overarching market was valued at $7,794.85 billion in 2025 and is projected for substantial expansion, with forecasts indicating growth to $16,388,578.21 million by 2032, driven by a robust Compound Annual Growth Rate (CAGR) of 11.2%. Alternative projections also underscore this growth, estimating an increase from $6.56 trillion in 2025 to $6.93 trillion in 2026 at a CAGR of 5.6%, ultimately reaching $8.78 trillion by 2030 with a CAGR of 6.1%. Key consumer and commercial trends are consistently driving demand for these essential services, including increasing construction activities, rapid urbanization, and the continuous need for housing, commercial developments, and vital infrastructure. A significant secular tailwind benefiting the Jetblack franchise is the proven recession-resistance of demand for pavement maintenance, as property owners consistently prioritize asset protection regardless of prevailing economic conditions, ensuring a stable revenue stream for franchisees. The competitive dynamics within this industry, while robust, offer ample opportunity for established brands like Jetblack, which benefits from its specialized focus and comprehensive service offering. Macro forces further create significant opportunities, including the increasing demand for automation-driven contracting tools, the adoption of modular and prefabricated components to enhance efficiency, and a growing emphasis on energy-efficient building systems. The expansion of large-scale infrastructure projects, coupled with an increasing need for multi-skilled subcontractor networks and a rising emphasis on safety-focused construction practices, collectively contribute to a fertile environment for growth. Notably, approximately 30% of contractors are actively incorporating digital tools and automation, such such as project management software and design tools, to enhance operational efficiency and reduce costs, a trend that the Jetblack franchise is well-positioned to capitalize on with its structured support systems.

Investing in a Jetblack franchise involves a structured financial commitment, designed to provide comprehensive tools and support for new owners. The initial franchise fee for a Jetblack franchise is $25,000, as specified in the core franchise data. However, prospective investors should note that various reports indicate a range for this initial fee, with figures cited between $25,000 and $37,500, others suggesting $48,000 to $80,000, a flat $35,000, and some sources indicating a range of $30,000 to $40,000, reflecting potential variations based on territory or specific offerings. The total initial investment required to open a Jetblack franchise also presents a spectrum of figures, influenced by factors such as the type of business (e.g., Striping versus Sealcoat), territory size, and specific equipment needs. One estimate places the total initial investment between $67,000 and $116,000, while another more detailed range is $117,923 to $173,773, which comprehensively includes the franchise fee, a proprietary sealcoating trailer, initial inventory, and approximately three months of essential working capital, providing a clearer picture of the startup costs. A different source provides an investment range of $66,050 to $118,605, and for a dedicated Sealcoat Business, the investment costs specifically include an initial fee of $25,000 to $37,500, a sealcoating trailer priced at $20,200, an initial inventory package ranging from $23,500 to $28,500, and training expenses of $500. Another reported total initial investment range is $78,000 to $132,500, with a lower estimate for total investment noted at $36,035. The overall investment range for a Jetblack franchise is broadly presented as $89,755 to $118,605, a figure notably below the sub-sector average of $154,375 to $352,877, suggesting a more accessible entry point into the market. Franchisees are also subject to ongoing fees, including a royalty fee that ranges from 1.0% to 8.0% of gross sales, collected monthly, with one source specifically stating a 6% royalty fee. Additionally, an advertising or national brand fund fee of $10,000 per year is required to support brand promotion and marketing initiatives. In terms of capital requirements, a minimum of $25,000 in liquid capital is necessary to ensure operational liquidity, while another source suggests $30,000, and a net worth of $100,000 is also required to demonstrate funding capability and stability, particularly important for managing seasonal operations. This comprehensive analysis indicates that the Jetblack franchise represents an accessible, mid-tier franchise investment within its sector, further supported by the availability of financing options and veteran discounts for qualified prospective franchisees.

The operating model of a Jetblack franchise is strategically designed for efficiency and owner flexibility, focusing on a mobile-based service delivery that can be managed effectively from a home office, thereby reducing traditional brick-and-mortar overheads. Franchise owners typically adopt a management and business development role, prioritizing scheduling, ensuring customer satisfaction, and formulating growth strategies, rather than engaging in the manual application of services. The specialized tasks of sealcoating, striping, and asphalt repairs are generally handled by trained technicians, allowing the owner to focus on strategic oversight. This structure allows owners to build recurring customer relationships and refine their operations season after season. Full-time owner involvement is generally needed during the peak service season to manage scheduling and operational logistics effectively. Jetblack provides extensive training and ongoing corporate support to its franchisees, ensuring they are well-equipped to run their businesses successfully. The comprehensive training program encompasses both technical application skills and essential business management aspects. Franchisees receive hands-on training specifically focused on the precise application of high-quality sealants, effective crack filling techniques, and various asphalt repair methodologies. The structured training includes 10.5 hours of classroom instruction and a substantial 33 hours of practical, on-the-job training, enabling new owners to be fully trained and equipped to launch their business within a couple of weeks. Importantly, no prior construction or trade experience is required, as comprehensive technical, operational, and marketing training is provided to all franchisees. The robust support structure includes access to proprietary software known as STARS, which is critical for streamlining sales processes, tracking operational progress, and generating comprehensive reports. Franchisees also benefit from dedicated marketing assistance, guidance with lease negotiations (should a physical location be desired for storage or office space), various equipment options, and access to a wide array of operational resources. The corporate team offers continuous support and is readily available for assistance, fostering a strong network. Furthermore, franchisees gain significant advantages through group buying power with industry manufacturers and access to low-cost corporate-run programs, enhancing their profitability and competitive edge. The Jetblack franchise offers protected territories to its franchisees, a crucial element that prevents overlap and ensures that each franchisee can build their business without direct competition from other Jetblack locations within their designated area, with specifics of territory size and boundaries often based on population zones outlined in the franchise agreement. This model, combining strong support with a seasonal operation, allows for effective income generation during warmer months and offers flexibility during off-season periods.

Regarding financial performance, it is important for prospective investors to note that Item 19 financial performance data is NOT disclosed in the current Franchise Disclosure Document for the Jetblack franchise. While the Franchise Disclosure Document (FDD) Item 19 allows franchisors to make financial performance representations (FPRs) or earnings claims, these disclosures are optional, and when made, must be supported by documented data. Despite the absence of explicit profit margins in the provided FDD information, other available data points offer valuable insights into the potential revenue generation and market position of a Jetblack franchise. Jetblack reports an average gross revenue per unit of $685,266, a significant figure that reflects the consistent demand for asphalt maintenance services. However, it is also important to contextualize this figure, as it trails the sub-sector average gross revenue of $797,983, indicating that while individual unit revenue is substantial, there is room for growth relative to broader industry benchmarks. It is crucial for investors to understand that revenue alone does not indicate profitability, as profit is calculated by subtracting all operating costs, including royalties, advertising fees, labor, materials, and overhead, from gross revenue. Without explicit profit margins, a detailed payback period analysis based on net earnings cannot be definitively conducted. Nevertheless, several signals suggest a viable and robust business model. The brand has received significant recognition, being ranked #358 in Entrepreneur's Franchise 500 in 2025, and notably recognized as the #1 Ranked Asphalt Maintenance Company in Entrepreneur Magazine's Franchise 500 issue in 2014. Further accolades include listings among "Top 125 Franchises" by Opportunity World, "75 Proven Franchises" by Small Business Opportunities Magazine, and "Top 100 Home Based Business" by Entrepreneur Magazine in 2014, all of which underscore the brand's established reputation and operational effectiveness. The impressive volume of work completed, with over 500,000 jobs since its founding in 1987 and more than 28,000 jobs completed in 2025 alone, demonstrates consistent customer demand and a scalable operational capacity across the network. Furthermore, the lower initial investment threshold for a Jetblack franchise, with an overall investment range of $89,755 to $118,605, which is significantly below the sub-sector average of $154,375 to $352,877, enables faster market entry and offers greater scalability through multi-unit development opportunities. This lower capital requirement can potentially lead to a more favorable return on investment and a quicker path to profitability for franchisees, even with average gross revenues trailing the broader sub-sector.

The growth trajectory of the Jetblack franchise underscores its consistent expansion and adaptability within the pavement maintenance industry. Having commenced franchising in 1993, shortly after its 1987 founding, the brand has steadily built a substantial network. As of June 2024, the Jetblack franchise network comprises 126 franchised territories operating across 18 states in the U.S. and extending into Canada, illustrating a consistent unit count trend over recent years. Further reports indicate a total of 101 units in 2023, consisting of 93 franchised-owned locations and 8 company-owned units, while another source specifies 108 active franchise units nationwide, composed of 102 US Franchises and 6 Corporate Locations. These figures demonstrate a steady, positive net growth in units, reflecting the brand's ability to attract new franchisees and expand its market presence. Recent corporate developments include a significant leadership transition in June 2024, where co-founder and CEO Andy Hoiland retired after 37 years, with former CFO Nick Kelso assuming the CEO role. Simultaneously, Luke Urbaniak was promoted to Vice President, and Travis Andersen became the Director of Field Operations, signaling a strategic evolution in leadership aimed at sustaining future growth and operational excellence. The competitive moat for the Jetblack franchise is built upon several foundational elements. Its established brand, with roots dating back to 1987 and holding six federal trademarks, provides significant brand recognition and customer trust in a competitive market. The proprietary software called STARS, used for sales, tracking, and reporting, offers a distinct technological advantage, enhancing operational efficiency and data management for franchisees. Extensive training programs, coupled with significant group buying power with industry manufacturers and low-cost corporate-run programs, provide a robust support system that lowers operational costs and ensures service quality. Furthermore, the provision of protected territories allows franchisees to build their businesses without internal competition, fostering dedicated market development. The Jetblack franchise has consistently demonstrated its quality and market standing through various recognitions, including being ranked #358 in Entrepreneur's Franchise 500 in 2025 and being named the #1 Ranked Asphalt Maintenance Company in Entrepreneur Magazine's Franchise 500 issue in 2014. The brand's adaptation to current market conditions is evident in its emphasis on digital tools and automation, aligning with industry trends where approximately 30% of contractors are incorporating such technologies to enhance efficiency and reduce operational costs. The proven business model combines recurring revenue opportunities with strong seasonal demand, allowing owners to cultivate long-term customer relationships, with many customers returning every 1 to 4 years, supported by targeted marketing programs.

The ideal Jetblack franchisee is characterized as a motivated entrepreneur who possesses a genuine enjoyment for outdoor, service-based work, coupled with strong customer service skills and astute business acumen. While no prior construction or trade experience is required, comprehensive technical, operational, and marketing training is provided to ensure new owners are fully equipped. Many successful Jetblack owners transition from white-collar backgrounds, seeking an exit from corporate hierarchies and a path to independent business ownership, or are blue-collar professionals ready to leverage their skills and dedication to earn based on direct results. Veterans are particularly encouraged to apply for a Jetblack franchise, benefiting from available discounts and a business model that values discipline and structured operations. The operational model allows most Jetblack franchise owners to focus on management and business development, overseeing scheduling, customer satisfaction, and growth strategy, while technicians handle the manual application of sealcoating, striping, and repairs. This structure requires full-time owner involvement generally during the service season for effective scheduling and operations management. Jetblack offers protected territories to its franchisees, with specifics of territory size and boundaries often based on population zones, ensuring that each franchisee can build their business without direct competition from other Jetblack locations within their designated area. This strategy supports focused market penetration and fosters a sense of ownership over specific geographic regions. The lower initial investment threshold for a Jetblack franchise enables faster market entry and offers significant scalability through multi-unit development opportunities for ambitious franchisees looking to expand their footprint. New owners can be fully trained and equipped to run their business within a couple of weeks, allowing for a relatively rapid timeline from signing the franchise agreement to operational launch. Franchisees must, however, be prepared to effectively manage seasonal fluctuations inherent in the business model and optimize field team scheduling to maximize productivity during peak periods.

The Jetblack franchise presents a compelling investor opportunity within the robust and consistently demanding pavement maintenance sector, valued at over $200 billion and forming a critical component of the broader specialty trade contractors market, which is projected to grow to an impressive $16,388,578.21 million by 2032. This long-standing brand, founded in 1987, boasts a strong market presence with 126 franchised territories across 18 U.S. states and Canada as of June 2024, underpinned by a proven operating model that has completed over 500,000 jobs since its inception. Its established brand recognition, evidenced by consistent rankings in Entrepreneur's Franchise 500, including #358 in 2025, and its designation as the #1 Ranked Asphalt Maintenance Company in 2014, provides a solid foundation for prospective franchisees. The Jetblack franchise investment is characterized by a lower initial investment range of $89,755 to $118,605, which is notably below the sub-sector average of $154,375 to $352,877, facilitating more accessible market entry and greater potential for scalability through multi-unit development. The recent leadership transition in June 2024, with Nick Kelso assuming the CEO role, signifies a forward-looking approach to capitalize on industry growth and further support the franchise network. Offering comprehensive training, proprietary software (STARS), and protected territories, the Jetblack franchise is well-suited for entrepreneurs seeking a scalable, management-focused business with strong recurring revenue potential in a recession-resistant industry driven by consistent asset protection needs. PeerSense provides exclusive due diligence data including SBA lending history, FPI score of 50 (Moderate), location maps with Google ratings, FDD financial data, and side-by-side comparison tools. Explore the complete Jetblack franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

50/100

SBA Default Rate

0.0%

Active Lenders

9

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Jet-Black based on SBA lending data

SBA Default Rate

0.0%

0 of 11 loans charged off

SBA Loan Volume

11 loans

Across 9 lenders

Lender Diversity

9 lenders

Avg 1.2 loans per lender

Investment Tier

Low-cost entry

$41,450 – $51,450 total

Payment Estimator

Loan Amount$33K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$429

Principal & Interest only

Locations

Jet-Blackunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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5 FDDs Available for Jet-Black

Review franchise fees, investment ranges, royalties, Item 19 financial data, and year-over-year trends. Request complimentary access through your PeerSense funding advisor.

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