Franchimp Summary Rating
Higher than 72% of peers
Franchise Summary
Description
1-800-TAXICAB is a franchise in the transportation and taxi service industry that offers a centralized phone number for convenient and reliable taxi bookings across multiple cities in the United States. The franchise supports individual taxi operators with branding and marketing, emphasizes customer service, and integrates technology to enhance the booking experience.
Company Background
1-800-TAXICAB is a nationwide service, providing taxi cab services. We offer franchises for the conversion taxicab business under the 1-800 TAXICAB service mark and trade name.
Franchise Opportunity
The taxicab industry is in need of a fresh new approach. We're doing things differently than the competition, and we've seen great results. Our business model has been proven to work for over 20 years with thousands of franchises across North America. With 1-800 TAXICAB you can have your own taxi company built from the ground up with no previous experience required! You'll be given everything you need to get started including marketing material, training materials, customer support and more! We provide all this at an affordable price that works for everyone involved. Best of all, our franchisees are able to earn unlimited income while working their own flexible schedule around their family or other job commitments. This is a win-win situation for everyone involved!
FAQ
How much investment do I need to start my own 1-800-TAXICAB business?
Franchisees typically require at least $36,129 to $36,129 investment to get their 1-800-TAXICAB business started
What are the initial franchise fees for 1-800-TAXICAB?
Franchisees typically need to pay at least $1,000 in fees directly to 1-800-TAXICAB in order to earn the right to launch their business
How much money can I make with a 1-800-TAXICAB franchise? What are
the average revenues for a typical 1-800-TAXICAB business?
We haven’t done the math on how much revenue a typical
1-800-TAXICAB brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$932,459 revenue, so we would expect
1-800-TAXICAB to generate a similar amount
How long do I need to commit to running a 1-800-TAXICAB unit? What
is my contractual commitment?
1-800-TAXICAB franchisees are typically required to sign up to a
5 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$348,559 to $579,134
which is
Much Higher
than the $0 to $0 average in the Child-Related industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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