About NYC 2 Way International Franchise
NYC 2 Way International, Ltd.
is a ground transportation fare referral service operating in the New York City metropolitan area, commonly known as a "black car" service.
Franchisees operate luxury executive ground transportation vehicles, transporting passengers who book rides through the franchisor's dispatch and referral network system.
NYC 2 Way International Franchise Cost & Fees
Minimum Investment
$65K
Average Investment
$91K
Maximum Investment
$117K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $40,000 | One-time payment upon signing |
| Royalty Fee | $56.00/week (single shift) or $80.00/week (double shift) of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Not applicable | National brand fund |
| Total Investment Range | $64,662 – $116,656 | Includes build-out, inventory, working capital |
The investment range of $65K–$117K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty ($56.00/week (single shift) or $80.00/week (double shift)) and marketing fee (Not applicable) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchisee Fee | $40,000 | $40,000 |
| Vehicle | $15,000 | $60,000 |
| Administrative Fee | $1,000 | $1,000 |
| Security Deposit | $1,500 | $1,500 |
| Communications Equipment | $500 | $500 |
| Application Fee | $500 | $500 |
| New York City Taxi and Limousine Commission Vehicle License Fee | $550 | $550 |
| New York Vehicle Registration, Inspection Fee and Tax Stamp | $491 | $541 |
| EZ-Pass | $0 | $0 |
| Liability Insurance (per year) | $5,500 | $12,000 |
| Gasoline | $65 | $65 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | Not applicable |
| Renewal Fee | Not applicable |
| Processing Fee | $2.00 per voucher or credit card slip |
| Radio Club | $0.50 per fare (max $1,000) |
| Credit Card Processing Fee | 5% of gross fare |
| Voucher Processing Fee (4-week payment) | 20% of Gross Voucher Income |
| Voucher Processing Fee (1-week payment) | 30% of Gross Voucher Income |
| Voucher Processing Fee (1-day payment) | 32% of Gross Voucher Income |
| Indemnification of NYC 2 Way | As determined by losses or expenses incurred |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 1-2 hours |
| Classroom Training | 1-2 hours |
| Training Location | Corporate office |
| Additional Training | Equipment orientation session only. NYC 2 Way does not offer formal training beyond the orientation. A $150 non-refundable training fee applies for any approved third-party operator. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive |
| Exclusive Territory | No |
| Description | NYC 2 Way does not grant an exclusive territory or territorial protection to any franchisee. Franchisees may face competition from other franchisees, company-owned outlets, or other channels. Services are offered in the tri-state metropolitan areas of New York, New Jersey, and Connecticut. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | Unlimited |
| Renewal Term | Not applicable - Franchise Term is Unlimited |
| Renewal Fee | Not applicable |
| Renewal Conditions | Franchise Term is Unlimited. However, applicable law rights under Article 33 of General Business Law of NY remain in force. |
| Transfer Fee | Not applicable |
| Transfer Conditions | Transferee must meet all requirements of a franchisee. Franchisee has the right to sell, lease or rent his franchise. Franchisor approval required. |
| Termination for Cause | Franchisor may terminate for cause if franchisee is in default of any terms, or in event of dishonesty, misconduct and/or conduct as set forth in the Agreement. Circumventing dispatching/billing system may result in termination without notice. |
| Non-Compete Period | Not applicable |
| Non-Compete Details | No non-competition covenants during or after the term of the franchise. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | The Franchisee is expected, but not required, to participate in the actual operation of the Franchise business. The Franchisee may, upon approval of the Franchisor, permit another person, partnership, or corporation to operate the Franchise. Approval is contingent upon the approved person completing the orientation session. |
| Required Suppliers | Vehicle must be acceptable to Franchisor and suitable for luxury and executive ground transportation services. Communications Equipment must be compatible with Franchisor's system. |
| Supply Restrictions | No required approved suppliers for goods and services other than the vehicle and communications equipment requirements. |
| Franchisor Revenue from Suppliers | Franchisor does not receive revenue or other consideration from suppliers. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | Yes |
| Description | NYC 2 Way may finance the Franchise Fee for qualified franchisees. Minimum down payment of $2,000, with the balance of up to $38,000 financed over 312 weeks at 12% interest (prime rate plus 2%, compounded annually), with equal weekly installment payments. Financing requires no negative credit references and income verification for the prior 3 years. Franchise and profits serve as collateral. |
NYC 2 Way International Franchise Earnings — Item 19
NYC 2 Way International 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.
NYC 2 Way International 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.
NYC 2 Way International Litigation & Risk Flags
Clean Litigation RecordNYC 2 Way International 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.
NYC 2 Way International System Growth
Total Units
867
Franchised
867
Company-Owned
0
NYC 2 Way International currently operates 867 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 | 42 | 0 | 800 |
| 2021 | 28 | 0 | 828 |
| 2022 | 39 | 0 | 867 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 1 states: NY
NYC 2 Way International Franchise — FAQ
The total investment to open a NYC 2 Way International franchise ranges from $64,662 to $116,656, per their Franchise Disclosure Document. This includes the initial franchise fee of $40,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
NYC 2 Way International charges a royalty fee of $56.00/week (single shift) or $80.00/week (double shift) of gross sales, plus a Not applicable contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the NYC 2 Way International 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 NYC 2 Way International to ensure you have the most up-to-date version.
NYC 2 Way International 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.
NYC 2 Way International has been franchising since 1996. The FDD shows an investment range of $64,662-$116,656, a $56.00/week (single shift) or $80.00/week (double shift) 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 $40,000 and the total investment ranges from $64,662 to $116,656 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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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 NYC 2 Way International and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with NYC 2 Way International or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com