| ||||
Updated RecentlyRent-A-Wreck vs Scooter Planet Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Rent-A-Wreck vs Scooter Planet including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $36,600 - $211,000 | $75,000 |
| Franchise Fee | $18,000 - $75,000 | $29,500 |
| Royalty Fee | $30/car/mo. | 5% |
| Advertising Fee | - | - |
| Year Founded | 1970 | 2004 |
| Year Franchised | 1977 | 2004 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | - | $5K |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
||
| Training | Rent-A-Wreck has a comprehensive five-day initial training seminar that covers all the information you need to open a successful Rent-A-Wreck business. In addition, we also provide opportunities for you to continually expand your knowledge with resources such as our webinars, quarterly newsletters, and regional and national franchisee meetings. | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations |
International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) |
0% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Rent-A-Wreck
Rent-A-Wreck is the Smart AlternativeTM to all your car rental needs. Founded in 1968 and franchising since 1973, we are one of the best-known neighborhood car rental companies in the U.S. and global market.
'Do you really rent wrecks?'
After being in business for many years with one of the most unique and memorable corporate names, we still get calls from people every day asking this question.
Rest assured, our vehicles are more like the cars you drive everyday. We keep our fleet of cars, trucks, and vans clean and well maintained; they are far from wrecks! We hope that our funny name helps you to remember us, and our low cost rentals and high quality customer service will earn and keep your business.
Whether you need a rental vehicle for business, pleasure or something in between, Rent-a-Wreck is here for all your driving needs. Many of our locations stock economy cars and full size luxury sedans; and they also offer pickup trucks, box trucks, min-vans, cargo vans, 15-passenger vans, SUVs, and station wagons for rent as well!
Try any of our locations across the United States and internationally in Norway, Sweden and Denmark.
About Scooter Planet
NO LONGER FRANCHISING
Envision owning a part of the American dream - riding in nature with the twist in your face - all without bicycling up slopes. We offer a genuinely imaginative open door in light of demonstrated achievement. For far less capital than is required for all intents and purposes all different establishments, you can be headed to owning and working an exceptionally effective vehicle rental business. Our specialists will prepare you at our retail stores in wonderful Las Vegas, Nevada. You will figure out how to work the cycles and bikes, legitimately keep up the gear and maintain the whole business. A large portion of the mechanized cycles look fundamentally the same as Harley Davidsons (tm) and other comparative cycles. These cycles are currently accessible with a completely programmed transmission and no bike permit is required to work such a vehicle in for all intents and purposes all states.
Purchase Your Own Franchise Retail Outlet! Bike rental areas are perfect in substantial urban communities and additionally ideal for visitor or shoreline front areas that pull in a youthful grown-up shopper bunch (think about all the understudies searching for such vehicles amid their spring break!) The offers of bikes has become more than 278% in one year. Makers from everywhere throughout the world are delivering bike and cycle models as at no other time. Our retail stores convey a full line of Italian made game style bikes. Establishment openings will be accessible all through the United States.