The Driveway Company FAQs
The total investment estimate for a franchise ranges from $84,500 to $193,125. Because The Driveway Company is a home-based business with little inventory and no brick and mortar expenses, costs are substantially lower than other franchise brands. The Driveway Company is a low-cost investment with high potential returns.
For a more detailed look at cost and investment information. Please visit the Initial Investments and Startup Costs page
To franchise with The Driveway Company, you will need to have the required minimum liquid capital of $50,000 to open your own new business. The total investment will range from $84,040 to $157,130.
Yes. The continuing royalty fee is 7%. For more information, please visit the item 7 chart from our most recent Franchise Disclosure Document.
We do not directly finance our franchises, but we have relationships with several third-party vendors who would be happy to help you secure financing.
No experience required! We recommend that you have a proven track record of leadership experience and are confident in your ability to manage people. Also, an entrepreneurial spirit and the drive to follow our proven business model are a must on your path to success!
Veterans are uniquely qualified to franchise with The Driveway Company, as they have a proven ability to follow systems, procedures, and processes necessary to make any venture successful. Because our business model is easy to run and easy to scale, TDC is a perfect fit for honorably discharged veterans who aspire to turn their dreams of entrepreneurship into reality. Honorably discharged veterans are eligible to receive 20% off their first franchise fee.
We’ll help you get any certifications you don’t have during your initial week of training. All of your employees must be qualified to perform inspections and handle the equipment you carry.
Our model is designed to build easy-to-run, easy-to-scale businesses that can be just as successful for an experienced entrepreneur as it is for a first-time entrepreneur. We have developed an intensive training platform that includes how to manage every aspect of your business, including networking to build referral partners, selling your services, performing your services with expertise, managing customer relationships, and effectively marketing in your community and on social media platforms. We help you develop a business plan before you open, and we provide continual reviews to help you meet financial and performance goals on a monthly basis.
In short, our main focus is to help entrepreneurs unlock their full potential through business ownership, and this commitment has led us to establish one of the best training and ongoing support platforms in the entire industry.
None! The Driveway Company is a home-based business that does not require a brick and mortar space—and especially not the expenses that come with it!
You are only required to have a small staff to get started. We will help you scale your business in a smart fashion so that you will be able to hire more employees and take on more jobs as you grow.
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