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Turning Driving Schools Into a National Franchise | Zach Beutler of Jungle Driving School

Turning Driving Schools Into a National Franchise | Zach Beutler of Jungle Driving School

Episode 90 Published 1 year, 3 months ago
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Zach Beutler, CEO of Jungle Driving School franchise - the first of its kind student driver franchise in a fragmented, outdated industry.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:

Jungle Driving School

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