Question 1

How much does it cost to open a Driving Academy franchise?

Accepted Answer

The total initial investment for a Driving Academy franchise ranges from $224K to $557K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Driving Academy franchise fee?

Accepted Answer

The initial franchise fee for Driving Academy is $50K.

Question 3

What are the net worth requirements for a Driving Academy franchise?

Accepted Answer

Net worth requirements for Driving Academy are specified in the Franchise Disclosure Document.

Question 4

Does Driving Academy require a personal guarantee?

Accepted Answer

Yes, Driving Academy requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Driving Academy franchise?

Accepted Answer

Equipment costs for a Driving Academy franchise range from $65K to $189K. Initial inventory costs range from $4K to $8K.