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Designated Driver Service With Franchise System In Calgary For Sale

Calgary, Alberta, Canada
Asking Price:
$324,900 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$285,000 (CAD)
Cash Flow:
$101,000 (CAD)

Note: Price shown includes a significant inventory of pre-printed materials, posters and branded items used in the company's marketing programs.

Get your vehicle home safely!

Operating for over 20 years, this well-established designated driver service presents an exceptional business opportunity for aspiring entrepreneurs. With a proven track record, a solid customer base, and a comprehensive franchise model, this company is primed for expansion.

Restrictions implemented during the Covid-19 pandemic led to decreased bar hours and closures, cancellation of corporate events and celebrations including weddings which impacted the business, yet this company was able to maintain profitability!

The current majority owner would like to retire, creating an opportunity for a buyer to step in and lead the recovery to pre-covid levels and beyond. The General Manager, who is also a co-owner would like to sell but is willing to stay on a reduced schedule to aid in the transition (negotiable).

This offer is intended as a Share sale.

Key Features:

Established Reputation: Operating for over two decades, this designated driver service has built a trademarked and reputable brand known for its reliability and customer-centric approach. With a strong presence in Calgary, the company has garnered a loyal customer base and positive word-of-mouth. Past franchisees and related marketing efforts have created brand awareness in many parts of the country.

Turnkey Operation: The corporation owns and operates the Calgary location including centralized dispatch that can provide service to potential franchisees. With its network of driver teams, everything is in place to continue operations seamlessly from day one.

Franchise Model: As the buyer, you will also gain the tested franchise model, including legal, operating, and training manuals. This offers the unique opportunity to expand the business beyond Calgary into other cities. With no current franchisees in operation, you have the freedom to shape the future growth of the company.

Market: The designated driver service industry benefits from increasing awareness of responsible drinking and strict impaired driving laws. Other trends including cannabis legalization and growing vehicle theft and damage claims increase the need for drivers to get their vehicle home safely. Assistant services including transportation post-surgery, vehicle transportation to/from scheduled maintenance appointments are also offered.

Scalability and Flexibility: The franchise model allows you to replicate the proven business model in new locations. With no current franchisees, you have the freedom to choose which Canadian cities to expand into, you can tailor your growth strategy to suit your preferences and market conditions.

Opportunity Overview:
Revenues shown are both GROSS (Before Driver portion) and Net to company after driver share.
2022 - $738K ($285 Net to company)
2021 - $608K ($248 Net to company), Covid closures: 8 weeks
2020 - $594K ($262 Net to company), Covid closures: 11 weeks
2019 - $1,300K ($608 Net to Company)

Industry: Designated Driver Service - Share sale
Established: 1997
Location: Calgary, Alberta, Canada (head office relocatable)
Franchise Potential: Expandable to other Canadian cities, legal in place
Assets: Well-equipped location, central dispatch system and software (under license), brand reputation, franchise package.
Don't miss this chance to own a reputable designated driver service and unlock the potential for franchise expansion. If you're passionate about providing safe transportation solutions and eager to make your mark in the industry, this opportunity awaits you. Contact us now for more information and to explore the possibilities.

Note: For confidentiality reasons, certain details about the business have been omitted. A non-disclosure agreement (NDA) is required to access more complete information.

Property Information

Real Estate:

Lease

Lease Terms:

Expiry July 31, 2028 after which extension can be negotiated with landlord approval, or relocated with minimal disruption.

Leasehold Rent:

$37,534 (CAD) per annum

Location:

Calgary, Relocatable

Premises Details:

Leased premise with management office, boardroom, storage and dispatch center. Two offices currently unused, room for expansion or sublet.

Size in square feet:
2,282
Planning Consent:

Industrial location

Business Operation

Expansion Potential:

Franchise model in place. Resumption of past or new marketing efforts and expansion of local driver team network would also provide benefit.

Competition / Market:

Typically smaller, private operators.

Reasons for selling:

Retirement

Trading hours:

Office: M-F 9am-5pm. Dispatch: M-W 5pm-3am, Th-F 5pm-4am, Sat 6pm-4am, Sun 6pm-3am

Employees:
2
Years established:
25

Other Information

Support & training:

Owners will offer reasonable transition support. One owner/GM willing to stay on at a reduced schedule, negotiable.

Relocatable:
This business can be relocated.