Ongoing Costs & Earnings
Ongoing Costs
Becoming a Driving Miss Daisy franchise owner is all about being your own boss, and growing your own business, so the majority of the money you make stays with you, of course. However, there are certain costs involved in maintaining our partnership.
We charge an ongoing franchise fee of £240 per month ( from Month 3 after start ) up to £4000 a month of revenue and then 7% on any gross monthly turnover exceeding £4000 a month
There is also a monthly fee of £110 to cover IT platforms and licenses, and to contribute to our national marketing and raise and maintain brand awareness on your, and the network’s, behalf.
Earning Potential
Exactly how much you can expect to earn from your franchise can vary a great deal, of course, depending on a variety of factors such as location and the local market, as well as the effort you put into promoting your business and building a rapport with customers and their families. As a business which prides itself on the personal touch offered by its franchisees, a great deal will come down to how you market yourself, and your team.
However, based upon our existing operations, a single vehicle owner-operator can expect to earn between £25k and £30k per annum once established, meaning you can expect a very rapid return on your investment.
Of course, if you are planning to grow your business into a multi-vehicle operation, or even plan to create a whole fleet of cars, you can expect your earnings to scale up accordingly into a substantial 6 figure annual earnings opportunity