About N.Y. One Franchise
N.Y.
One Corporate Car Inc.
operates a two-way direct-connect dispatch transportation service licensed and regulated by the New York City Taxi & Limousine Commission (TLC).
N.Y. One Franchise Cost & Fees
Minimum Investment
$38K
Average Investment
$58K
Maximum Investment
$79K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $5,000 | One-time payment upon signing |
| Royalty Fee | 25% of net voucher amount (Service Fee) of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | $0 - None required | National brand fund |
| Total Investment Range | $37,641 – $78,806 | Includes build-out, inventory, working capital |
The investment range of $38K–$79K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (25% of net voucher amount (Service Fee)) and marketing fee ($0 - None required) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $5,000 | $5,000 |
| Vehicle | $25,000 | $57,000 |
| Vehicle Registration Fee | $400 | $500 |
| TLC Permit and NYS DMV Inspection Fee | $625 | $625 |
| NYC Department of Finance Motor Vehicles Tax | $400 | $400 |
| Drug Test Fee | $26 | $26 |
| Three Year TLC FHV License | $252 | $252 |
| One Time Fingerprinting Fee | $88.5 | $88.5 |
| Training and Screening Programs | $300 | $300 |
| Insurance Premiums | $3,500 | $9,000 |
| Gasoline - full tank | $50 | $115 |
| GPS/Navigation | $0 | $500 |
| Security Deposit | $1,000 | $1,000 |
| Fine Deposit | $1,000 | $1,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 20% of the value of the transfer plus amounts owed and expenses |
| Weekly Fee (Device users, single-shift) | $49.75 per week |
| Weekly Fee (Device users, double-shift) | $69.75 per week |
| Weekly Fee (App users) | Currently waived |
| Additional Service Fee | $1.00 per voucher |
| Subscriber Expedited Service Fee | Additional 5% of net voucher amount |
| Training and Screening Fee | $300 |
| Driver Fee (non-Subscriber drivers) | $150 per driver |
| Indemnification | Company's actual loss and expenses |
| Discounts | Amount not absorbed by Company is paid by Subscriber |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Up to 8 hours |
| Classroom Training | 8 hours |
| On-the-Job Training | N/A |
| Training Location | ETG's Driver Service Division, 1751 Bath Avenue, Brooklyn, NY (Kings County) |
| Additional Training | Subscribers may be required to take additional classes without charge; two special annual meetings and up to two discussion groups per year may also be held |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive |
| Exclusive Territory | No |
| Description | N.Y. One does not grant any type of exclusive territory or territorial protection. The Company is not required to limit the number of Subscriptions sold or in use. Subscribers are not obligated to service any particular territory. The Company services the New York City metropolitan area. Subscribers may face competition from other subscribers, company-owned outlets, affiliates, and Contract Companies. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 20 years |
| Renewal Term | Year to year upon prior written agreement of both parties |
| Renewal Conditions | Prior written consent of both the Subscriber and the Company |
| Transfer Fee | 20% of the value of the transfer (value defined as the Subscription Fee then charged for new Subscriptions), plus amounts owed and reimbursement of expenses |
| Transfer Conditions | Prior written consent of the Company required; payment of all monetary obligations; payment of transfer fee; payment of expenses including review of prospective assignees, investigation, credit evaluation, and training costs; additional terms as Company deems appropriate; upon death or incapacity, heirs may succeed without approval or transfer fee |
| Termination for Cause | Within first year (Probationary Period): breach of Agreement, rule violation, or customer complaint. After first year: payment default, breach of Agreement including unauthorized use of Device/App, failure to maintain insurance, unauthorized use by third party, repeated rule violations, failure to maintain vehicle, discourteous service, violence, false billing, excessive TLC penalty points, non-compliance with laws, and other breaches |
| Non-Compete Period | 1 year after termination or assignment |
| Non-Compete Details | Subscriber may not independently offer transportation services to any present or future customer referred to Subscribers by the Company or affiliates until the first anniversary of termination or assignment of the Agreement |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | The Agreement provides that no person other than the Subscriber shall use the Subscription without prior written approval of N.Y. One. Approval shall not be unreasonably withheld. At least 70% of requests for approval of other drivers were granted in the past three years. Non-Subscriber drivers must be authorized in writing and may be required to attend training. |
| Required Suppliers | Subscribers must submit all vouchers to N.Y. One's designated agent, Executive Charge Inc. (ECI), for payment |
| Supply Restrictions | All vouchers must be submitted to ECI; Service Fee, Additional Service Fee, and Subscriber Expedited Service Fee are deducted by ECI |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | Yes |
| Description | The Company offers an installment plan for the $5,000 Subscription Fee, payable over a period not exceeding six years, with interest on the unpaid balance at a rate currently of 8% per annum but not exceeding the maximum rate permitted by law. No other direct or indirect financing is offered. |
N.Y. One Franchise Earnings — Item 19
N.Y. One does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
N.Y. One does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
N.Y. One Litigation & Risk Flags
Clean Litigation RecordN.Y. One has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
N.Y. One System Growth
Total Units
235
Franchised
235
Company-Owned
0
N.Y. One currently operates 235 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 0 | 213 | 250 |
| 2021 | 0 | 206 | 242 |
| 2022 | 5 | 198 | 235 |
Transfers: 10 | Closures: 198
State Registrations
Registered in 1 states: NY
Franchisor Financials (Item 21)
Revenue
$531K
Net Income
$67K
Total Assets
$262K
Audited by Weinisch & Levine LLP for year ending December 31.
N.Y. One Franchise — FAQ
The total investment to open a N.Y. One franchise ranges from $37,641 to $78,806, per their Franchise Disclosure Document. This includes the initial franchise fee of $5,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
N.Y. One charges a royalty fee of 25% of net voucher amount (Service Fee) of gross sales, plus a $0 - None required contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the N.Y. One Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from N.Y. One to ensure you have the most up-to-date version.
N.Y. One does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
N.Y. One has been franchising since 1978. The FDD shows an investment range of $37,641-$78,806, a 25% of net voucher amount (Service Fee) royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $5,000 and the total investment ranges from $37,641 to $78,806 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
Similar Hospitality & Travel Franchises
Interested in N.Y. One?
Get free info on this franchise. We will send you a detailed FDD report by email.
Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from N.Y. One and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with N.Y. One or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com