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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$75K - $86K
Units as of 2016
61 Decrease

Company Overview

About Drive N Style

Industry Automotive
Related Categories Automotive Appearance Services, Miscellaneous Automotive Products & Services
Founded 1985
Parent Company Driven Brands
Leadership Jonathan Fitzpatrick, CEO
Corporate Address 440 S. Church St., #700
Charlotte, NC 28202
Social Facebook, Twitter

Business Overview

Franchising Since 1993 (31 years)
# of employees at HQ 16
Where seeking

This company is offering new franchises in the following US states:

# of Units 61 (as of 2016)

Information for Franchisees

Here's what you need to know if you're interested in opening a Drive N Style franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$45,000
Initial Investment Information Circle
$74,810 - $86,370
Net Worth Requirement Information Circle
$115,000
Cash Requirement Information Circle
$20,000
Veteran Incentives Information Circle
25% off franchise fee
Royalty Fee Information Circle
7.5%
Ad Royalty Fee Information Circle
1%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing Drive N Style has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 50 hours
Classroom Training 15 hours
Ongoing Support
Purchasing Co-ops
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
Co-op Advertising
Ad Templates
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed? Yes
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
# of employees required to run 3-5
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

Compare where Drive N Style landed on this year's Franchise 500 Ranking versus previous years.

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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