Driving Academy FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is for the operation of a truck driving school that provides classroom and hands-on truck driver training programs to help people prepare for the commercial driving license written exam and road test. This is a service-oriented business using specialized equipment, the franchisor’s proprietary curriculum and processes to provide comprehensive commercial truck driving training programs performed by certified and licensed instructors, under the name “Driving Academy™”.
Corporate Information
Driving Academy Franchising, Inc. is a New Jersey corporation incorporated on June 18, 2021. Their principal business address is 200 East Edgar Road, Linden, New Jersey 07036.
Investment
The initial franchise fee is $50,000 with protected rights to operate in a specific area as defined by the franchisor. Additional franchises may be available for those franchisees who have bought at least one franchise, at a reduced fee of $25,000 per franchise. The total investment necessary to begin the operation of a Driving Academy™ business ranges from $224,200 to $557,300. This includes the initial franchise fee of $50,000 (as discussed in Item 5) that must be paid to the franchisor or affiliate.