What does a Drive N Style Franchise Cost?
Drive N Style franchise fees for 2024:
Cash Investment: $30,000
Total Investment: $83,000 - $100,000
Minimum Net Worth: $100,000
Franchise Fee: $45,000
Royalty: 7.5%
Ad: 1%
Average Number of Employees: 3 - 5
Item 19: Not currently
SBA Approved: Yes
Passive Ownership: Yes with detailed business plan
Home Based: Yes, to start.
B2B: Yes
Master Franchise Opportunities: No
Veteran Discount: Yes - $11,250 off franchise fee
Special Discount Programs: 25% discount on the Initial Franchise
Fee to veterans of U.S. armed forces who otherwise meet the
requirements of the VetFran Program.
Franchise Website Text: Owning a franchise can be a very rewarding
lifestyle. Owning your business provides flexibility and allows you
to control your own destiny. Drive N Style is a scalable business
with opportunities for exceptional profitability. With that in
mind, it's still hard work. While you will have a "leg up" if
you've managed your own business, our training and support will
help you reach our shared goals, even if you don't have previous
experience in the automotive industry.
Your initial investment for a Drive N Style franchise is
approximately $83,000 - $100,000. One of the most attractive
features of owning and operating a Drive N Style franchise is its
low fixed costs of operation. Operating a mobile business means
there's no rent or other costs typically associated with a brick
and mortar retail location
Is Drive N Style a Semi Absentee Franchise with a Passive Ownership Opportunity?
Yes. Drive N Style is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
Is Drive N Style a Home Based franchise?
Yes. Drive N Style is a home based franchise opportunity.
What Do Drive N Style Franchise Owners Make?
This information is not available. Drive N Style does not offer an Item 19 in their Franchise Disclosure Document.
Is Drive N Style a Master Franchise Opportunity?
No. Drive N Style is not a master franchise opportunity.
Does Drive N Style Offer a Veteran Discount?
Yes. Drive N Style franchise does offer a veteran discount.
Does Drive N Style Work with E2 Visa and EB-5 Visa Candidates?
Yes. Drive N Style franchise does work with E2 Visa and EB-5 Visa candidates.
Is Drive N Style Looking for Franchisees in Canada?
No. Drive N Style franchise is not looking for Canada franchisees.
Is Drive N Style Looking for International franchisees?
No. Drive N Style franchise is not looking for International franchisees.
Where can I see Drive N Style's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.