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Go Zero

Provides a zero emission electric taxi and chauffeur service
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Minimum Investment

£3,000

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Business Type

Homebased

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Funding Support

N/A

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Total Investment

POA

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Franchise Fees

N/A

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Expected Revenue After 2 Years

N/A

About Go Zero

What is Go Zero and what services does it provide?

Go Zero is a zero-emission, exclusively electric taxi service that currently provides customers with a sustainable and affordable method of transport to and from London airports.

Taxis are available between 5am and 11pm and customers book their journeys via the Go Zero app, website or by calling the company direct.

For customers who require a more luxurious mode of transport, Go Zero Black is a chauffeur-driven service that includes free in-car refreshments and use of an iPad Pro during the journey that is loaded with Spotify, catch up TV, newspapers and games.

Launched in the UK in March 2017, Go Zero takes sustainability seriously.

To date, the company has estimated it has completed 10,000 plus journeys, driven approximately 600,000 electric miles and saved over 174 tons of CO2.

It works with Clean Energy UK to make sure all the electricity used by the company and its franchisees are 100 per cent green clean tariffs.

It has also partnered with the World Land Trust, donating £1 of every fare to the organisation’s Buy An Acre programme. The World Land Trust’s work has helped to buy and preserve over 770,000 acres of threatened tropical forests and habitats around the world.

In 2018, the company struck up a partnership with Carbon Footprint, which means that for every 10 journeys in a Go Zero car one tree in the Amazon rainforest is protected and one tree is planted in the UK.

Go Zero’s aim is to expand to 10 major cities and international airports in the UK and Ireland over the next seven years, operating over 1,000 vehicles and transporting over two million passengers annually.

According to company founder and CEO David Wells, phase two of the company’s expansion plan is the launch of a short haul (600 miles or less) commercial electric aviation business.

How much does it cost to become a Go Zero franchisee?

You will need a minimum of £3,000 to become a Go Zero franchisee, depending on the area of the country you wish to open a franchise in and the size of the territory.

How does the Go Zero franchise model work?

Go Zero gives investors the opportunity to run their own taxi/chauffeur business using the company’s tried and tested systems, know-how and branding. The franchise can be run from home, as no commercial premises are required, which keeps overheads low and potential profits high.

As part of the franchise package, franchisees are given access to Go Zero’s bespoke franchise portal app, which allows them to view their booking schedule. They will also own the electric vehicle they use to deliver the service after five years of trading.

What training and support do Go Zero franchisees receive?

Full initial and ongoing training and support is provided, covering everything you need to know about launching and developing a Go Zero franchise.

What’s the earnings potential of a Go Zero franchise?

The company states that franchisees can earn an income in the region of £30,000 to £50,000 per annum after costs.

These figures have been achieved by Go Zero, the company says. However, they are not a guarantee of actual earnings.

What locations or territories is Go Zero looking to operate in?

The company’s plan is to establish 1,000 franchises in the UK. Currently, territories are available in London, Luton, Stanstead, Bristol, Southampton, Birmingham, Manchester, Liverpool, Edinburgh, Glasgow, Cardiff, Dublin and Belfast.

What electric vehicles does Go Zero use?

The company has two electric vehicles in its fleet: the Tesla Model S, which can carry up to four passengers and has a range of 379 miles, and the Tesla Model X, which can carry up to six passengers and has a range of 314 miles.

Is the service offered by Go Zero in demand in the UK?

Many people in the UK are looking at ways to make their lifestyle more eco friendly and sustainable, so an electric taxi service would be potentially attractive to these individuals. And it is a sector that is only likely to continue to grow over time.

The taxi industry is a significant contributor to CO2 emission levels and, according to the Department for Transport, in 2018 the general public’s satisfaction with taxis was down on previous years.

Another possible target market are businesses that want to reduce their carbon footprint, but need a reliable taxi and/or chauffeur service on a regular basis. They can meet their corporate social responsibility goals by using the Go Zero service.

A further driver of growth when it comes to sustainability is the government, which in June 2019 became the first government in the world to pass a net zero emissions law.

Its target is to cut all greenhouse gas emissions to net zero by 2050 (the previous target was a minimum reduction of 80 per cent), effectively placing what it describes as ‘clean growth’ at the centre of its modern industry strategy.

Additionally, the government is aiming to have all new cars ‘zero emission capable’ by 2040.

Where in the UK is the Go Zero franchise based?

The company’s head office is in Binfield, Berkshire.

What are the Go Zero franchise’s terms of agreement and renewal?

The initial franchise agreement lasts for five years and can be renewed following this period, subject to pre-agreed terms and conditions being met.

How can I get started on setting up my own Go Zero business?

Complete the enquiry form on this page and a Go Zero representative will be in touch to explain more about the franchise and answer any questions you may have.

Go Zero describes its application process as “straightforward”. It says franchisees can be open for business between eight to 12 weeks after their application is formally accepted by the franchisor and the franchise agreement is signed by both parties.

If you’re considering investing in a franchise, you must carry out independent research into the opportunity on offer before making any commitment.

It is also advisable to consult a suitably qualified accountant and lawyer who is experienced in franchising and understands how the business model works. These industry professionals can provide expert advice and guidance on the financial information provided by the franchisor and the legally binding franchise agreement you will be expected to sign.

Enquire Now

Send a free enquiry to Go Zero for further information!

Enquire Now

Send a free enquiry to Go Zero for further information!

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