How much does an Elite Limousine Plus franchise cost?
Opening an Elite Limousine Plus franchise takes a total initial investment of $63,885 to $150,350, according to the brand's 2025 Franchise Disclosure Document. That FDD makes no Item 19 financial performance representation, so it discloses no earnings figures at all.
Elite Limousine Plus franchises executive ground transportation services. Category: Business Services.
Item 7
What it costs to open an Elite Limousine Plus franchise
The franchisor's own estimated initial investment, as disclosed in its 2025 FDD. The total is $63,885 to $150,350. Each line below carries the FDD page it was read from.
Where the money goes
The largest costs are Vehicle ($23,000 to $108,000), Liability, Comprehensive & Collision Insurance ($10,000), and Security Deposit ($3,000). Together they make up about 80% of the high-end estimate.
The initial franchise fee is $25,000, about 39% of the low-end total.
Our arithmetic from the Item 7 table below.
| Expenditure | Low | High | Source |
|---|---|---|---|
| Initial Franchise Fee2025 FDD, Item 7, p. 6 | $25,000 | $25,000 | 2025 FDD, Item 7, p. 6 |
| Vehicle2025 FDD, Item 7, p. 6 | $23,000 | $108,000 | 2025 FDD, Item 7, p. 6 |
| Travel and living expenses while training2025 FDD, Item 7, p. 6 | $750 | $1,000 | 2025 FDD, Item 7, p. 6 |
| TLC and DMV Registration and Licensing Fees2025 FDD, Item 7, p. 6 | $1,275 | $1,500 | 2025 FDD, Item 7, p. 6 |
| Liability, Comprehensive & Collision Insurance2025 FDD, Item 7, p. 6 | $10,000 | $10,000 | 2025 FDD, Item 7, p. 6 |
| Dispatch Communication Tablet Installation and Set-up Fee2025 FDD, Item 7, p. 6 | $250 | $250 | 2025 FDD, Item 7, p. 6 |
| Cellular Phone2025 FDD, Item 7, p. 6 | $35 | $150 | 2025 FDD, Item 7, p. 6 |
| Security Deposit2025 FDD, Item 7, p. 7 | $3,000 | $3,000 | 2025 FDD, Item 7, p. 7 |
| Gasoline / | $75 | $200 | 2025 FDD, Item 7, p. 7 |
| EZ Pass for Tolls2025 FDD, Item 7, p. 7 | $500 | $500 | 2025 FDD, Item 7, p. 7 |
| Formation of New York Corporation or Limited Liability Company (optional)2025 FDD, Item 7, p. 7 | $0 | $750 | 2025 FDD, Item 7, p. 7 |
| Total estimated initial investment2025 FDD, Item 7, p. 6-7 | $63,885 | $150,350 | 2025 FDD, Item 7, p. 6-7 |
Source Elite Limousine Plus, 2025 FDD, Item 7, p. 6-7, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-21. Read from a scanned copy of this FDD; figures and page citations were transcribed from the page images.
Item 19
What Elite Limousine Plus franchisees actually report earning
This brand's FDD publishes no Item 19.
We do not make any representations about a franchisee's future financial performance or the past financial performance of company-owned or franchised outlets. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet.
Source Elite Limousine Plus, 2025 FDD, Item 19, p. 20, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-21. Read from a scanned copy of this FDD; figures and page citations were transcribed from the page images.
Item 20
How many Elite Limousine Plus outlets there are, and how many closed
Elite Limousine Plus ended 2022 with 387 franchised outlets and no company-owned outlets. In that year no franchised outlets opened and 4 left the system.
Three years at a glance
From 2020 through 2022, Elite Limousine Plus opened 15 franchised outlets and 99 outlets left the system. That is a net loss of 84, from 471 to 387 franchised outlets. Of the outlets that left, 5 were bought back by the franchisor and 94 closed for other reasons.
On average, about 7.6% of franchised outlets left the system each year, roughly 1 in 13.
Our arithmetic from the FDD's Item 20 table below. "Left the system" counts every outlet the franchisor reports as terminated, not renewed, bought back, or closed for other reasons.
| Year | Start | Opened | Terminated | Non-renewed | Reacquired | Ceased, other | End | Source |
|---|---|---|---|---|---|---|---|---|
| 2022 | 391 | 0 | 0 | 0 | 0 | 4 | 387 | 2025 FDD, Item 20, p. 22 |
| 2021 | 437 | 0 | 0 | 0 | 0 | 46 | 391 | 2025 FDD, Item 20, p. 22 |
| 2020 | 471 | 15 | 0 | 0 | 5 | 44 | 437 | 2025 FDD, Item 20, p. 22 |
Source Elite Limousine Plus, 2025 FDD, Item 20, p. 22, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-21. Read from a scanned copy of this FDD; figures and page citations were transcribed from the page images.
Compare
How Elite Limousine Plus compares with other Business Services franchises
Measured against the 140 Business Services franchises on this site, using each brand's own FDD.
- Cost to open. The middle of Elite Limousine Plus' estimated range is $107,118. It costs less to open than 66% of Business Services franchises here.
- Outlets leaving each year. 7.6% for Elite Limousine Plus. That is lower than 50% of the 101 Business Services franchises with at least 10 outlets.
- Three-year growth. Elite Limousine Plus' franchised system shrank 18%. The typical Business Services franchise here grew 4.4%.
- Earnings disclosure. 71 of the 140 Business Services franchises here publish earnings figures in Item 19. Elite Limousine Plus is not one of them.
Our arithmetic from each brand's Item 7 and Item 20. Growth and departure comparisons leave out brands with fewer than 10 outlets, where one opening or closure distorts the figures. See every Business Services franchise side by side.
Alert me when Elite Limousine Plus files a new FDD
Franchisors reissue their FDD at least once a year, and the Item 7 and Item 19 figures move. Leave an email and we will send you Elite Limousine Plus' updated numbers when the next document is published, plus the brand-comparison worksheet.
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