Driving Academy
Truck driving school providing classroom, simulator, and behind-the-wheel training to help people prepare for commercial driver’s license written exams and road tests, with job placement services.
Your franchise match score
Education
Brand highlights
- CEO
- Headquarters200 East Edgar Road, Linden, NJ, 07036
- Year founded2021
- Year started franchising
- IndustryEducation
- Locations open2 (+1 last three years)
Statistics & metrics
- Investment range$224,200 - $557,300
- Franchise fee$50,000
- RoyaltyThe greater of (i) 10% of Gross Revenues per month, or (ii) the Minimum Royalty Fee.
- Brand fund1% of Gross Revenues per calendar month starting immediately either once you start once you start enrolling students, collecting fees for packages or programs or when your Business is open for operation (whichever comes first).
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Education industry:
Education franchises focus on supplemental learning, tutoring, and test preparation. This sector is rewarding for those who want to make a positive impact on students’ lives while running a profitable business.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-03-25
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Driving Academy, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Driving Academy's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Driving Academy, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Driving Academy franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Driving Academy provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 2 |
| Franchise locations | 1 |
| Corporate locations | 1 |
System growth over time
FAQs
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