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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$42K - $69K
Units as of 2021
38 46.2% over 3 years

Company Overview

About Driverseat

Industry
Services (Other)
Related Categories
Miscellaneous Services
Founded
2012
Leadership
Brian Bazely, CEO

Franchising Overview

Franchising Since
2012 (9 years)
# of employees at HQ
30
Where seeking

This company is seeking new franchisees worldwide.

This company is seeking new franchisees in the following international regions: Canada

# of Units
38 (as of 2021)

Franchisor Information

Corporate Address
259 Gage Ave.
Kitchener, ON N2M 2C9

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Driverseat 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
$20,000 - $30,000
Initial Investment
$42,329 - $69,457
Net Worth Requirement
$150,000
Cash Requirement
$75,000
Veteran Incentives
$5,000 off franchise fee, 10% off royalty fee
Royalty Fee
$329-$429/mo.
Term of Agreement
5 years
Is franchise term renewable?
Yes

Training & Support Offered

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

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

Additional details about 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
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Driverseat landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Driverseat ranked on other franchise lists? Find out below.

Ranked #97

Top Franchises for Less Than $50,000

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021