Teen Road To Safety Inc.

Driving schools

2023 Franchise 500 Rank: N/R Not ranked last year

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Initial investment: $182K - $278K

Units as of 2016: 6 20.0% over 3 years

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Company Overview

About Teen Road To Safety Inc.

Industry	Services (Other)
Related Categories	Miscellaneous Services, Tutoring
Founded	2003
Leadership	Andrew Wunderlich, CEO
Corporate Address	30031 Santa Margarita Pkwy. Rancho Santa Margarita, CA 92688
Social	Facebook, Twitter

Business Overview

Franchising Since	2011 (12 years)
Where seeking	This company is offering new franchisees throughout the US.
# of Units	6 (as of 2016)

Information for Franchisees

Here's what you need to know if you're interested in opening a Teen Road To Safety Inc. 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 Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$100,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$181,600 - $278,400
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	6-4%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	3%
Is franchise term renewable?	No

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	No

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Updated: December 12th, 2022

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Teen Road To Safety Inc.

Company Overview

About Teen Road To Safety Inc.

Business Overview

Information for Franchisees

Financial Requirements & Ongoing Fees

Operations

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