Driverseat (Canada) FDD – Franchise Information, Costs and Fees
Type of Business
The franchisor offers franchises for the operation of a shuttle business operating under the “Driverseat” name. A Driverseat shuttle business provides mid-size shuttle vehicles and chauffeurs to clients for ground transportation services within a territory.
Corporate Information
Driverseat Inc. is a Canada corporation that was incorporated on July 26, 2012, and has its principal place of business and registered office address at 259 Gage Avenue, Kitchener, Ontario, N2M 2C9. They have engaged in the line of business associated with the franchise since their incorporation in
2012 and they opened their first corporate-owned Driverseat location in September 2012. They have offered franchises in the line of business associated with the franchise in Canada, being the same type as the franchise being offered, since February 2021.
Investment
You must pay the franchisor an initial franchise fee, plus applicable taxes, when you sign the Franchise Agreement. The Franchise Fee varies based on the population of the Territory, according to the following table:
- Level 1 Franchise: Initial Franchise Fee $29,000 – Number of Individuals In Your Territory up to 30,000
- Level 2 Franchise: Initial Franchise Fee $34,000 – Number of Individuals In Your Territory 30,001 to 70,000
- Level 3 Franchise: Initial Franchise Fee $39,000 – Number of Individuals In Your Territory 70,001 to 100,000
See Item 8 for other fees.
