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Turning Driving Schools Into a National Franchise | Zach Beutler of Jungle Driving School
Description
Episode 90: On this episode of Pursuit of Profit, Cliff talks with Zach Beutler, CEO of Jungle Driving School franchise - the first of its kind student driver franchise in a fragmented, outdated industry. This is a $1.7 billion market cap. And a compounded annual growth rate nearing 15%.
We'll unpack how jungle driving is modernizing driving education. Their standout item 19 averaging $600K a year in revenue with a 20% net margin. Zach's also a huge advocate for the entrepreneurial operating system and we'll talk about how traction plays a central role in their franchisee success. Take a listen...
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Timestamps:
00:00 - Intro
02:13 - How Zach got into Jungle Driving School
04:31 - How Jungle Driving School started
10:05 - Where/how do you acquire customers\
13:56 - Where is revenue coming from
16:30 - Competition from autonomous driving
18:35 - What do clients want - students want - parents want
20:28 - What is the initial investment
21:58 - What's the time commitment
24:18 - Item 19
29:26 - Why there's not a national franchise in this space
33:39 - How to help the franchisees succeed
38:16 - Laddered royalty program
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Links:
Watch the Pursuit of Profit on YouTube!
Connect with Cliff and Justin:
🌐 Website - https://franocity.com/
📷 Instagram - /franocity
👍 Facebook - /franocity
💼 LinkedIn - /cliffnonnenmacher
💼 LinkedIn - /
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