Driverseat franchise
2023 filing · December 27, 2023
Driverseat at a glance
A ground transportation service running shuttles and special-event transportation in a set territory. At the end of 2023 there were 6 Driverseat locations in the US, all franchised.
The business
- Industry
- Business services
- Franchisor
- Driverseat, Inc
- The company that sells the franchises
- Franchising since
- 2019
- 4 years of selling franchises
What you pay
- Cost to open
- $53K–$89K
- Fee, build-out and opening working capital
- Franchise fee
- $29K–$39K
- By territory population, up to 100,000 people
- Royalty
- $350/vehicle
- $350 a month for each approved vehicle, with a $350 monthly minimum, adjusted yearly for inflation
- Brand fund
- Yes
- Up to $300 a month per vehicle (capped at $3,000 a month) once a fund is set up
- Agreement length
- 5 years
- Territory
- Protected
- Protected territory
- Franchisor financing
- None offered
Where it is
- US locations, 2023
- 6
- Franchised and company-owned
- Franchised
- 6
- Company-owned
- 0
From Driverseat, Inc’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Driverseat among all franchises with the same figure.
| Figure | Driverseat | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $71,243 | Costs less than 93% of franchises |
| Franchise feePaid once, when you sign | $29,000 | Lower than 81% of franchises |
| US locationsFranchised and company-owned | 6 | Fewer than 69% of franchises |
How much a Driverseat franchise costs
Opening one Driverseat costs an estimated $53,029 to $89,457. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.
The biggest costs are initial franchise fee ($29,000 to $39,000) and onboarding and training fee ($10,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $29,000 | $39,000 | |
| Onboarding and Training Fee | $10,000 | ||
| Computer Equipment | $0 | $900 | |
| Grand Opening Advertising | $2,000 | ||
| Business Licenses and Permits | $1,000 | $4,000 | |
| Professional Fees | $500 | $4,000 | |
| Insurance | $650 | $7,000 | |
| Training Expenses | $500 | $2,500 | |
| Vehicle Down Payment | $2,000 | $5,000 | |
| Vehicle Wrapping | $3,000 | $6,000 | |
| Uniform Package | $300 | $900 | |
| Print Material | $1,000 | $2,000 | |
| Business VOIP Phone System and Service | $79 | $157 | |
| Additional Funds – For Initial 3 Months of Operation | $3,000 | $6,000 | |
| Total | $53,029 | $89,457 | |
Source: Driverseat, Inc, 2023 filing, page 19
Driverseat franchise fee
The franchise fee is $29,000 to $39,000, by territory population, up to 100,000 people. You pay it when you sign the franchise agreement.
Source: Driverseat, Inc, 2023 filing, page 11
Royalty and ongoing fees
| Royalty | $350 a month for each approved vehicle, with a $350 monthly minimum, adjusted yearly for inflation. |
|---|---|
| Brand or marketing fund | Up to $300 a month per vehicle (capped at $3,000 a month) once a fund is set up. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Driverseat, Inc, 2023 filing, page 12
Sales and earnings
No figures Driverseat does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Driverseat, Inc, 2023 filing, page 53
How Driverseat compares
Of the 324 business services franchises on this site, Driverseat is the 95th cheapest to open and the 216th largest by number of locations.
| Figure | Driverseat | Typical business services brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $53K | $77K | $222K |
| Cost to open, high end | $89K | $136K | $477K |
| Franchise fee | $29K | $45K | $40K |
| US locations | 6 | 32 | 21 |
| Change in franchised locations, 0 yrs | +500% | +3.8% | – |
| Shares earnings figures | No | 187 of 324 | 2,147 of 3,352 |
Typical is the median across the 324 brands in business services franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned |
|---|---|---|
| 2021 | 2 (+1) | 0 |
| 2022 | 3 (+1) | 0 |
| 2023 | 6 (+3) | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating. Years run September 1 to August 31 and are shown by the year they end.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: home-based franchises and franchise failure rates.
Source: Driverseat, Inc, 2023 filing, page 54
Who owns Driverseat?
Driverseat franchises are sold by Driverseat, Inc. Its filing names no parent company.
From Driverseat, Inc’s 2023 filing, page 8.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on page 10. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Driverseat, Inc, 2023 filing, litigation on page 10, bankruptcy on page 10
Driverseat filings
The figures on this page come from Driverseat, Inc’s 2023 filing, issued December 27, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | December 27, 2023 | NASAA depository | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
