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Good Morning Wolf Pack,

Today’s newsletter highlights The Driveway Company, a franchise that turns ordinary concrete work into a scalable, recession-resistant business.

Enjoy!

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FRANCHISE OF THE WEEK

• HQ: Waco, TX
• Founded in 2016, franchising since 2019
• The Driveway Company is a franchise that specializes in concrete restoration, repair, and maintenance.

• Royalty: 7%
• Brand Fund: 1% 
• Franchise Fee: $59,900

• The below table discloses information on 20 franchised outlets from The Driveway Company that were open and operating for the full 2021 calendar year.

The Driveway Company is one of those franchises that makes a lot of sense once you stop overlooking it because it’s not flashy. 

This is concrete restoration, repair, and maintenance, which means “boring” in the best, cash-flow-positive way. 

After being founded in 2016 and franchising since 2019, the brand brings over 30 years of real industry experience to the table, not “we figured this out during COVID” energy. 

Financially, a $59,900 franchise fee with a 7% royalty and 1% brand fund is pretty standard for home services, but what stands out to me is the one-stop-shop model: concrete, brick pavers, asphalt, patios, pool decks, commercial work; basically the whole ecosystem. 

Add in commercial-grade products through Sherwin-Williams partnerships and expansion across 12+ states, and you’ve got a brand that feels built for steady operators who want repeat business, durable demand, and a service people literally can’t ignore when it cracks.

• The Driveway Company Franchise Website
• Stellar Brands Acquires The Driveway Company

SMB TWEET OF THE WEEK

MA LE BO is spot on!

The majority of my best ideas come from silence. It’s also why a lot of people seem to get great ideas during a shower, for example.

It’s one of the few times we have anymore to exist without a screen in front of us.

I guess I can’t speak for everybody though, since some of you might be a shower-and-text type of person. No judgment.

WOLF BITES

• Novo Nordisk debuts Wegovy weight-loss pill in the U.S. 💊
• Copper price hits new record amid concerns over supply disruption 📈
• Amazon lets some users chat with Alexa+ on the web in bid to take on ChatGPT 💬
• Trump claims US oil firms could be 'up and running' in Venezuela within 18 months 🛢️
• FAA picks 2 firms to replace 612 outdated radar systems that air traffic controllers rely on ✈️
• Warner Bros rejects Paramount takeover again and tells shareholders to stick with Netflix bid 👀
• Scientists have finally worked out where the common planets actually come from 🧠
• Spotify now lets you share what you’re streaming in real time with friends 🎵

That’s it for this edition of The Wolf Report. Feel free to reply with any questions or feedback. Thanks and see you next week!

— The Wolf

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