Driverseat Franchise

Driverseat provides various driving services, including designated driver services, chauffeuring, and special event transport. The franchise focuses on offering reliable, convenient, and safe transportation solutions for individuals and businesses.

Driverseat
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Explore This Opportunity
Industry
Travel & Hospitality
Total U.S. locations
6
Year of founding
2015
Category
Other
Corporate HQ
Kitchener, Ontario
Year started offering franchises
2015

Key Insights

  • Driverseat was founded on a unique concept born from a desire for a better way to enjoy social outings without the stress of designated drivers. The business initially aimed to provide a safe and convenient transportation solution for individuals and groups, evolving to offer a range of services centered around responsible travel and personalized experiences.
  • The franchise operates by connecting clients with professional, vetted, and insured drivers for various transportation needs, including airport transfers, event transportation, and corporate travel. Customers can book services through a user-friendly platform, ensuring a seamless experience from reservation to drop-off.
  • The transportation industry is experiencing significant growth, driven by increasing demand for convenient and on-demand services. Driverseat positions itself within this dynamic market by focusing on a niche of personalized, driver-escorted transportation solutions, catering to a demographic valuing both safety and comfort.
Driverseat

Franchise Fee and Costs to Open

Franchise Fee
$29,000 - $39,000
Minimum Cash Required
$
10000
Investment Range
$53,029 - $89,457

Exploring the financial picture of Driverseat gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $53,029 - $89,457, along with a franchise fee of $29,000 - $39,000.

Financial Performance and Revenue

Yearly Gross Sales

$
Owner Operator Estimated Earnings
Franchise Playback Period


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Training and Resources

Driverseat provides comprehensive initial training, lasting two weeks, held at their corporate headquarters. This program offers franchisees the foundational knowledge and operational strategies to launch and manage their Driverseat business. Driverseat also provides ongoing support and a suite of resources designed to assist franchisees.

Legal Considerations

Legal considerations for a Driverseat franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.

Challenges and Risks

Operating a DriveYourSeat franchise involves navigating local transportation demands and existing services. Maintaining consistent service delivery requires efficient driver recruitment and training, alongside managing vehicle maintenance schedules. Fluctuations in fuel prices and the availability of necessary vehicle parts are also considerations for smooth daily operations.

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Franchise Datasheet

Driverseat
Other
Travel & Hospitality

FAQs

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