Driverseat logo
Consumer and commercial transportation services

Investment

$53,029

Initial Franchise Fee

$39,000

Units

55

Growth Rate

+44.7%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Services (Other)
Founded 2012
Franchising Since 2012
Parent Company
Leadership Brian Bazely, CEO
# of Employees at HQ 32

Units and Growth Chart

About Driverseat

Established in 2012, Driverseat specializes in transporting people. The franchise's shuttle may provide mass transportation services to events such as weddings and corporate gigs.  

Since beginning to franchise soon after its establishment, Driverseat has grown to multiple franchise locations in North America. Driverseat boasts that it only hires the best drivers to drive its clients to their destinations. They also may provide other associated services to maintain and develop success.

The governance model at Driverseat may also contribute to its success—corporate says it focuses on the people and its franchisees more than the profits. As a result, transportation may be affordable, convenient, high-quality, and accessible to everybody.

Driverseat is headquartered in Kitchener, Ontario, Canada and focuses much of its business in Canada. However, it has expanded to the United States and still offers franchises in the country.

Why You May Want to Start a Driverseat Franchise

Owning a Driverseat franchise allows you to be your own boss. If you would enjoy flexible time management, run a business with a purpose, and control your own destiny, opening a Driverseat franchise might suit you. You could get a chance to work with committed drivers who build solid communication and desire success.

Opening a Driverseat franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.

What Might Make a Driverseat Franchise a Good Choice?

Apart from being a scalable home-based franchise system, Driverseat may offer ongoing support and training, allow you to work in an industry conducive to success, and have a proven recipe for success. Opening a Driveseat franchise may be an opportunity to own a business with low overhead and low capital requirements.

As a franchisee, you will be responsible for developing the business as your team does the driving. You can network and help other businesses grow. With the possibility of improving your community in the process, you may feel as if you are making a difference. 

To be part of the Driverseat team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include royalty fees and renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements. 

How To Open a Driverseat Franchise

If awarded a franchise, franchisees may receive a great deal of support from the Driverseat brand throughout the franchising process. In addition to pre-opening training, franchisees could receive support through brand awareness, marketing, research, and construction. Potential owners of a Driverseat franchise may also receive hands-on training and continued support after their franchise location has opened.

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Driverseat franchising team questions.

Investment Details

Initial Franchise Fee $39,000
Initial Investment $53,029 - $89,457
Net Worth Requirement $100,000
Cash Requirement $65,000 - $125,000
Royalty Fee $329-$429/mo.
Ad Royalty Fee $300/mo.
Technology Fee
Term of Agreement 5 years
Is Franchise Term Renewable? Yes
Financing Third Party
Veterans Incentive $5,000 off franchise fee, 10% off royalty fee

Available Territories

Franchising opportunities available in the following regions

United States

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
Classroom Training 160 hours

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Ad Templates
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Yes
Can this franchise be run part time? No
# of employees required to run 0
Are exclusive territories available? Yes

Ranking History

Driverseat performance in the Franchise rankings over recent years

No data available at this time.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022