What does a The Driveway Company Franchise Cost?
The Driveway Company franchise fees for 2023:
Cash Investment: $50,000
Total Investment: $88,765-$168,980
Minimum Net Worth: $150,000
Franchise Fee: $59,900
Item 19: Yes
Average Number of Employees: <10
Visa Candidates: Yes
Passive Ownership: Yes
Master Franchise Opportunities: No
Veteran Discount: Yes - $7,000
Is The Driveway Company a Semi Absentee Franchise with a Passive Ownership Opportunity?
Yes. The Driveway Company 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 The Driveway Company a Home Based franchise?
Yes. The Driveway Company is a home based franchise opportunity.
What Do The Driveway Company Franchise Owners Make?
Click here to find out how much The Driveway Company franchisees make. The Driveway Company offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is The Driveway Company a Master Franchise Opportunity?
No. The Driveway Company is not a master franchise opportunity.
Does The Driveway Company Offer a Veteran Discount?
Yes. The Driveway Company franchise does offer a veteran discount.
Does The Driveway Company Work with E2 Visa and EB-5 Visa Candidates?
No. The Driveway Company franchise does not work with E2 Visa and EB-5 Visa candidates.
Is The Driveway Company Looking for Franchisees in Canada?
No. The Driveway Company franchise is not looking for Canada franchisees.
Is The Driveway Company Looking for International franchisees?
No. The Driveway Company franchise is not looking for International franchisees.
Where can I see The Driveway Company'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.