Driverseat Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$29,000 - $39,000
Investment required
$53,000 - $89,000
Royalty fee
$350 USD per month per Vehicle
Driverseat: Revolutionizing Personalized Transportation Solutions
Driverseat is a prominent franchise specializing in transportation services, founded in 2014. The company was established in Calgary, Alberta, Canada, and is headquartered in the same city. Driverseat began its franchising journey in 2016, expanding its innovative transportation solutions to various markets.
The franchise offers a unique service that focuses on providing safe, reliable, and convenient transportation for its clients. Their services include designated driver programs, chauffeur services, and vehicle transportation.
This specialization allows Driverseat to cater to a diverse range of customer needs, from individuals requiring a safe ride home to businesses needing reliable chauffeur services.
Driverseat distinguishes itself from competitors through its emphasis on safety and customer convenience. The franchise employs professional drivers who are thoroughly vetted and trained to ensure a high level of service.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure |
Amount |
Initial Franchise Fee |
$29,000 USD to $39,000 USD |
Onboarding and Training Fee |
$10,000 USD |
Computer Equipment |
$0 USD to $900 USD |
Grand Opening Advertising |
$2,000 USD |
Business Licenses and Permits |
$1,000 USD to $4,000 USD |
Professional Fees |
$500 USD to $4,000 USD |
Insurance |
$650 USD to $7,000 USD |
Training Expenses |
$500 USD to $2,500 USD |
Vehicle Down Payment |
$2,000 USD to $5,000 USD |
Vehicle Wrapping |
$3,000 USD to $6,000 USD |
Uniform Package |
$300 CAD to $900 CAD |
Print Material |
$1,000 USD to $2,000 USD |
Business VOIP Phone System and Service |
$79 CAD to $157 CAD |
Additional Funds – For Initial 3 Months of Operation |
$3,000 USD to $6,000 USD |
Total Estimated Initial Investment |
$53,029 USD to $89,457 USD |
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Franchise Disclosure Document
Training
Driverseat Franchise provides comprehensive training to ensure that franchisees and their staff are well-equipped to deliver high-quality service. The training program includes several key components:
- Operational Training: This covers the day-to-day management of the franchise, including how to operate the booking and scheduling systems, manage customer interactions, and handle various transportation services. Franchisees learn the best practices for ensuring smooth and efficient operations.
- Driver Training: Since Driverseat's core service revolves around transportation, there is extensive training for drivers. This includes safety protocols, customer service skills, and handling of different types of transportation needs. The training emphasizes safety and professionalism to maintain high standards.
- Marketing and Sales: Franchisees receive guidance on local marketing strategies, including how to promote the franchise within their community and attract new customers. This also includes training on sales techniques and building partnerships with local businesses.
- Ongoing Support: Driverseat offers continuous support through regular updates, refresher courses, and access to a support network. This ensures franchisees stay current with industry trends and company practices, contributing to ongoing business success.
Territory Protection
Driverseat franchise offers territory protection to its franchisees, ensuring that each franchise operates within a designated area without the risk of overlapping with other Driverseat locations.
This territorial exclusivity is designed to help franchisees establish and grow their business without facing direct competition from other Driverseat franchises within their assigned region.
The protection also allows franchisees to build a strong local presence and client base, enhancing their ability to achieve profitability and success. By clearly defining territorial boundaries, Driverseat supports its franchisees in maintaining a competitive edge and focusing on their specific market area.