Seal King Professional Driveway SealcoatingFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Seal King Professional Driveway Sealcoating franchise requires a total initial investment of $58K – $108K, including a $20K franchise fee and an ongoing 7.0% royalty[2]. The 2026 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2026 FDD issuance
Overview
- Investment
- $58K – $108K
- 10th pct Home Services
- Avg gross sales
- N/A
- 54th pct Home Services
- Royalty
- 7.0%
- 28th pct Home Services
- Units
- 23
- 28th pct Home Services
- SBA default
- N/A
Quick verdict · Home Services · color = vs category peers
Green = >15% above Home Services avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Franchising since 1997. Systems this mature have refined operations and brand recognition.
Bottom line
- Total investment $58K – $108K including a $20K franchise fee, 7.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict A (Top Quintile) with a risk score of 33/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Seal King, Incorporated
- Incorporated in
- MN
- HQ
- 21720 Hamburg Avenue, Lakeville, MN 55044
- Auditor
- Linda M. Muhlenhardt, LTD
- Audited financials
- Franchisor revenue
- $1.9M
- vs $1.8M prior year
Overview
About
Franchisees operate a driveway sealcoating service, applying protective sealant coatings to residential and commercial asphalt driveways. Day-to-day activities include estimating jobs, managing crew labor, purchasing materials, scheduling jobs (highly weather-dependent), managing customer acquisition, and handling equipment maintenance.
- CEO
- Benjamin Nelson
- Headquarters
- MN
- Founded
- 1991
- FDD year
- 2026
- States available
- 2
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $20K | $20K |
| Working capital (3–6 mo) | $8K | $12K |
| Equipment, build-out, other | $30K | $76K |
| Total initial investment | $58K | $108K |
Source: Seal King Professional Driveway Sealcoating 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $58K – $108K
- Better than avg vs category
- Liquid capital req'd
- $8K – $12K
- Better than avg vs category
- Franchise fee
- $20K – $20K
- Better than avg vs category
- Royalty
- 7.0%
- percentage_of_gross · typical 6–8%
- Ad fund
- $1,000
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Transfer fee | $10K |
| Total fee load | 7.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Home Services averages
How Seal King Professional Driveway Sealcoating Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 23
- Opened
- 0
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- +0.0%
- Net unit change last year
- 3-yr CAGR
- +0.0%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 2 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
2
states with franchisees (per FDD Item 12)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 14
- Loan volume
- N/A
- Amount data pending
- Median loan
- N/A
- Charge-off rate
- N/A
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 0
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Micro-franchise with opaque financials, no territorial protection, and no disclosed unit economics — high uncertainty for $58K-$108K investment.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Linda M. Muhlenhardt, LTD
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: No
Score breakdown · what drove the 33 / 100 rating
- 01MEDNo Item 19 (Average Revenue/Net Income) disclosed — impossible to validate ROI on $58K-$108K investment
- 02MINOROnly 23 units system-wide with unknown growth trajectory — extremely small and potentially stagnant franchise
- 03MINORZero territory protection — direct competition from other franchisees and non-franchised competitors in same market
- 04MINORShort 3-year term with $20K fee creates renewal uncertainty and limits long-term business planning
- 05MED7% royalty on undisclosed revenues makes it impossible to calculate true profitability
- 06MINORSeasonal service business (driveway sealcoating) creates income volatility and cash flow risk
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 3 years |
|---|---|
| Renewal term | 3 years |
| Territory type | Municipality |
| Protected territory | No |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Minnesota |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- Classroom training
- 5 hrs
- On-the-job training
- 4 hrs
- Training location
- On-site and corporate
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
12 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Seal King Professional Driveway Sealcoating · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Seal King Professional Driveway Sealcoating franchise?
The total investment to open a Seal King Professional Driveway Sealcoating franchise ranges from $58K – $108K, with an initial franchise fee of $20K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Seal King Professional Driveway Sealcoating franchise owners earn?
Seal King Professional Driveway Sealcoating does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Seal King Professional Driveway Sealcoating's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Seal King Professional Driveway Sealcoating (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Seal King Professional Driveway Sealcoating franchise locations are there?
As of their most recent FDD filing, Seal King Professional Driveway Sealcoating has 23 total units in the United States, including 23 franchised units and 0 company-owned units.
Is Seal King Professional Driveway Sealcoating a good franchise to buy?
FranchiseVerdict rates Seal King Professional Driveway Sealcoating as a A-grade franchise with a risk score of 33 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent Seal King Professional Driveway Sealcoating, you can request corrections or provide updated information.
Claim this brandOther Home Services franchises
Compare similar franchise opportunities in the Home Services category
Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.