The Driveway Company

The Driveway Company

Information based on 2022 FDD

Home Services · Other Commercial and Home Services

Investment min
$89K
Total: $89K–$169K
Avg gross revenue
$350K
Unit-level, 2022
Franchise fee
$60K
Per current disclosure
Royalty
7%
of gross revenue
Locations
36
Franchising since 2019

Description

What is The Driveway Company?

The Driveway Company is a rapidly growing home services franchise that specializes in concrete repair, maintenance, and restoration services for residential and commercial properties. As a leader in driveway and concrete surface solutions, they've built their reputation on providing high-quality, long-lasting repairs that help property owners avoid costly full replacements.

Their comprehensive service offerings include crack repair, joint sealing, concrete leveling, decorative concrete solutions, pressure washing, and their innovative Softroc coating system for pool decks and other surfaces. What sets The Driveway Company apart is their commitment to using premium materials and multi-step repair processes that ensure lasting results.

Franchise owners benefit from a proven business model that combines both technical expertise and exceptional customer service. The company's strong focus on communication, professionalism, and quality workmanship is evident in their consistently positive customer reviews. Their transparent approach includes detailed explanations of repair processes and clear communication throughout each project.

As a franchise owner, you'll be positioned to tap into the growing demand for concrete repair and maintenance services, with the backing of comprehensive training and ongoing support. The business model allows for both residential and commercial clients, creating diverse revenue streams while providing essential services to your community. With the increasing age of residential and commercial infrastructure across America, The Driveway Company offers entrepreneurs an opportunity to build a sustainable business in a necessary and expanding industry.
  • 30+ Years Industry Expertise
  • Specialized Driveway Maintenance Services
  • Developed Repair Techniques
  • Commercial & Residential Service Capabilities
  • Multiple Concrete Service Solutions
  • Established Since 2016

Location Analysis

Where The Driveway Company wins

The Driveway Company, established in 2016, has grown to achieve widespread coverage across multiple states, demonstrating broad national reach. The franchise shows strong multi-regional presence, with notable concentrations in both the Southeast and Northeast markets. Strong market penetration is evident in Georgia and Texas, while maintaining significant presence across Florida, the Carolinas, and key Northeast states like Massachusetts and New York, indicating successful expansion across diverse geographic regions.

Customer satisfaction metrics are impressive, with consistently high ratings across numerous customer reviews, suggesting reliable service quality and strong operational standards across all markets. The franchise has also established a growing presence in Western states including Oregon and Colorado, showing potential for further expansion in these regions.

The current geographic distribution reveals significant growth opportunities, particularly in underserved markets within existing territories. The franchise's success across multiple climate zones - from the Southeast to New England and the Western states - demonstrates adaptability to various market conditions and service needs.

Ideal locations for new franchises should target growing suburban areas with median household incomes above $75,000, high rates of single-family home ownership, and diverse climate conditions that impact driveway durability. The relatively young age of the franchise (established 2016) combined with its substantial expansion suggests strong market demand and effective business model scalability.
Total US locations
36
Franchise units
36
Corporate locations
0
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind The Driveway Company

Avg gross revenue$349,578
Investment range$88,765 – $168,980
Investment midpoint$128,873
Brand fund1%
Royalty7%
Franchise fee$59,900
Min. net worth
Min. liquid capital
The Driveway Company requires an initial investment of $88,765 - $168,980, positioning it as an accessible entry-level opportunity within the home services sector. This investment range sits below the sub-sector average of $111,770 - $223,008, making it attractive for first-time franchisees or those seeking lower capital requirements. The concrete maintenance and repair industry benefits from strong recurring demand as homeowners increasingly focus on property maintenance and curb appeal enhancement. The reported gross revenue of $349,578 falls below the sub-sector average of $739,341, though this may reflect the system's relatively recent establishment in 2016 and smaller scale of 36 units. The franchise system demonstrates measured growth over eight years, suggesting steady but conservative expansion. The business model leverages 30+ years of industry expertise in concrete repair and maintenance services. Ideal investors should possess hands-on operational experience and comfort with service-based businesses requiring technical skill development. The concrete services market benefits from demographic trends toward homeownership and aging housing stock requiring maintenance. Territory considerations and market saturation potential warrant careful evaluation given the specialized nature of concrete repair services. Prospective franchisees should thoroughly review the FDD to understand specific capital requirements, territory rights, and operational support structures before making investment decisions.
Did you know? Did you know that starting a The Driveway Company franchise - which specializes in transforming residential driveways with decorative concrete and asphalt services - requires a total investment between $88,765 and $168,980, including the $59,900 franchise fee, with the final cost depending on your market size, equipment needs, and local business setup expenses?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$89K–$169K
Most common
$88,765
Minimum
$128,873
Midpoint
$168,980
Maximum

Per FDD Item 7, total initial investment ranges from $88,765 to $168,980. The midpoint $128,873 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$1M$800K$600K$400K$200KN/A
$875K
$350K
2020
2021
2022
Avg
$408K
YOY change (2021 -> 2022)
-60%

According to Item 19 of the Franchise Disclosure Document, The Driveway Company has an average gross revenue of $350K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+38% YoY
4032241680
2018
2019
2020
2021
2022
36 units open as of 2022 FDD+10 in last 12 mo

2022 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for The Driveway Company's 2022 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2022 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a The Driveway Company franchise typically ranges between $88,765.00 and $168,980.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2022. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

The Driveway Company
The Driveway Company
$350K avg revenue · 36+ US franchises

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