The Driveway Company Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
The Driveway Company is a home services franchise that installs, repairs, and levels concrete and asphalt driveways. Franchisees run local operations, managing estimates, crews, and residential and commercial accounts.
FranchiseVerdict summary · 2026
A THE DRIVEWAY COMPANY franchise requires a total initial investment of $89K – $169K, including a $40K – $60K franchise fee and an ongoing 7.0% royalty[2]. The 2022 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2022 FDD issuance
Overview
- Investment
- $89K – $169K
- 26th pct Home Services
- Avg gross sales
- N/A
- Royalty
- 7.0%
- 34th pct Home Services
- Units
- 36
- 38th pct Home Services
- SBA charge-off
- N/A
Quick verdict · Home Services · color = vs category peers
Green = favorable by >10% vs Home Services avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $89K – $169K including a $60K franchise fee, 7.0% ongoing royalty.
- RETURNSItem 19 reports historical gross sales and gross profit, per-franchisee basis, subset breakdowns by number of outlets operated rather than annual gross sales, so unit revenue is not directly comparable.
- RISKVerdict A (Strongest tier), verdict score 60/100 (higher is better).
- GROWTHSystem growing at 300.0% CAGR over 3 years with 36 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- TDC Franchising, LLC
- Parent company
- Restoration 1 Franchise Holdings, LLC (direct); TDC Holdings, LLC and Stellar Brands, LLC (indirect)
- Ultimate parent
- Stellar Brands, LLC
- CEO title
- Chief Executive Officer
- Sherry Rose
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- Texas
- HQ
- 5113 Steinbeck Bend Drive, Waco, Texas 76708
- Auditor
- Jaynes Reitmeier Boyd & Therrell, P.C.
- Audited financials
- Franchisor revenue
- $192K
- vs $422K prior year
Overview
About
- CEO
- Sherry Rose
- Headquarters
- TX
- Founded
- 2019
- FDD year
- 2022
- States available
- 11
Can you afford it, and what does the money buy?
Entry cost runs 43% below the typical home services franchise.
Source: FDD 2022 · Items 5–7
FDD Item 7 · 2022 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $60K | $60K |
| Working capital (3–6 mo) | $11K | $21K |
| Equipment, build-out, other | $18K | $88K |
| Total initial investment | $89K | $169K |
Source: THE DRIVEWAY COMPANY 2022 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $89K – $169K
- Top 40% of category vs category
- Liquid capital req'd
- $11K – $21K
- Top 40% of category vs category
- Franchise fee
- $40K – $60K
- Bottom third — review vs category
- Royalty
- 7.0%
- Percentage of gross sales · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $450 |
| Transfer fee | $5K |
| Total fee load | 8.0% of rev |
What do units actually make?
Source: FDD 2022 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
THE DRIVEWAY COMPANY did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one THE DRIVEWAY COMPANY unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
57%
Within the 30–60% "attractive franchise" band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2022 FDD
Financial Performance
- Item 19 type
- historical gross sales and gross profit, per-franchisee basis, subset breakdowns by number of outlets operated
- Sample size
- 12
- vs category median 32 · small
- Reporting year
- 2021
- Fiscal year the figures cover
- Source filing
- FDD 2022
- Disclosed in the 2022 filing, covering 2021
- Transparency
- 7 / 10
- vs category median 4 / 10 · above
Compared against 321 Home Services brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 8.0% (near the Home Services average).
Disclosure
Item 19 reports historical gross sales and gross profit, per-franchisee basis, subset breakdowns by number of outlets operated rather than annual gross sales, so unit revenue is not directly comparable.
Operator retention
System expanding at 300.0% CAGR over 3 years across 36 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Home Services averages
How The Driveway Company Compares
Is the system healthy?
Source: FDD 2022 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 36
- Opened
- 13
- Last reporting year
- Closed
- 0
- Terminated
- 1
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 2.8%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- Outlier (see FDD)
- Likely small-sample artifact
- 3-yr CAGR
- Outlier (see FDD)
- Likely small-sample artifact
3-year detail · Item 20
- Opened (3yr)
- 13
- Closed (3yr)
- 0
- Terminated (3yr)
- 1
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 1
- Reacquired (3yr)
- 0
- Franchisor bought back
- Transfer rate
- 2.8%
- Owners selling to other franchisees
- Termination rate
- 2.8%
- Franchisor-initiated terminations
- Ceased ops
- 8.3%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 17 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 7 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 7
- Loan volume
- $926K
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- N/A
- limited sample (7 loans) — rate not shown below 10
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 2
- Defaults
- N/A
Explore lender portfolios on Bank Reports or regional data on State Reports.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
36-unit driveway franchisor, audited with Item 19, strong +300% net growth. No bankruptcy, going-concern, or distress. Only matter is an old 2014 Virginia registration-lapse settlement against a predecessor affiliate ($1,000 cost, remediated).
Litigation (Item 3)
Commonwealth of Virginia, ex rel. State Corporation Commission v. Restoration 1 Franchise Holding, LLC and Andor Kovacs (Case No. SEC-2014-00028). Settled July 16, 2014. Allegation: offered and sold franchise in Virginia after registration lapsed. Settlement terms: $1,000 payment to Virginia, attendance at franchise sales compliance training, agreement not to violate Virginia Retail Franchise Act.
Largest disclosed settlement: $1,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Jaynes Reitmeier Boyd & Therrell, P.C.
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 60 / 100 verdict
- 01MINOROld 2014 predecessor registration settlement — remediated
- 02MINORNo bankruptcy/going-concern/distress
- 03MINORNet growth +300%, 36 units
- 04MEDAudited, Item 19 disclosed
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2022 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Geographic / Population |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 100,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Texas |
| Litigation count | 1 |
View Item 3 litigation summary
Commonwealth of Virginia, ex rel. State Corporation Commission v. Restoration 1 Franchise Holding, LLC and Andor Kovacs (Case No. SEC-2014-00028). Settled July 16, 2014. Allegation: offered and sold franchise in Virginia after registration lapsed. Settlement terms: $1,000 payment to Virginia, attendance at franchise sales compliance training, agreement not to violate Virginia Retail Franchise Act.
Items 10, 11
Training & Operations
- Classroom training
- 25 hrs
- On-the-job training
- 28 hrs
- Training location
- Waco, Texas or Atlanta, Georgia
- Ongoing training
- Required
- Field support
- 28 hrs/yr
- On-site visits per year
- POS system
- House Call Pro
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: House Call Pro
Item 20 · call current owners
Franchisee Contacts
34 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
THE DRIVEWAY COMPANY · FDD (2022) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a THE DRIVEWAY COMPANY franchise?
The total investment to open a THE DRIVEWAY COMPANY franchise ranges from $89K – $169K, with an initial franchise fee of $60K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do THE DRIVEWAY COMPANY franchise owners earn?
THE DRIVEWAY COMPANY does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the THE DRIVEWAY COMPANY FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the THE DRIVEWAY COMPANY FDD and qualifies whose outlets they describe.
What is THE DRIVEWAY COMPANY's franchise failure rate?
SBA 7(a) loan charge-off data is not available for THE DRIVEWAY COMPANY (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many THE DRIVEWAY COMPANY franchise locations are there?
As of their most recent FDD filing, THE DRIVEWAY COMPANY has 36 total units in the United States, including 36 franchised units and 0 company-owned units. 13 new units were opened in the latest reporting year.
Is THE DRIVEWAY COMPANY a good franchise to buy?
FranchiseVerdict rates THE DRIVEWAY COMPANY as a A-grade franchise with a verdict score of 60 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.