|
Below is an in-depth analysis and side-by-side comparison of Bates Motor Home Rental Network Inc. vs GoCar GPS-Guided Tours including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $33,800 - $250,000 | $175,000 - $375,000 |
Franchise Fee | $17,000 - $35,000 | $45,000 |
Royalty Fee | 8% | 10% |
Advertising Fee | - | - |
Year Founded | 1973 | 2004 |
Year Franchised | 1995 | 2005 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | $1K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | No/No |
Start-up Costs | Yes/No | No/No |
Equipment | Yes/No | No/No |
Inventory | Yes/No | No/No |
Receivables | Yes/No | No/No |
Payroll | Yes/No | No/No |
Training & Support |
||
Training | - | * Available at headquarters: 4 weeks * At franchisee's location: 2 weeks |
Support | Newsletter, Meetings, Internet, Security/safety procedures, Purchasing cooperatives | - |
Marketing | Co-op advertising | - |
Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
The international presence of the Bates Motor Home Rental Network will continue to be a trendsetter in its appeal to consumers. The access to state-of-the-art vehicles, backed by competent technical support and customer service is the key to capitalize fully on these trends and opportunities.
As large rental companies expand customer awareness through diverse
marketing, all quality rental operators benefit. Demand for commercial
RV rentals will continue to accelerate at a faster rate than the supply
of rental RVs. The reason for this phenomenal growth in demand is due to
the Baby Boom Generation.
With locations in Europe and the United States, GoCar Tours takes
tens of thousands of people through some of the world’s most beautiful
cities every year. Currently, GoCar Tours operates in San Francisco, San
Diego, Lisbon, Barcelona, and Madrid with other cities vying for
franchises of their own.
Currently we are not registered to sell
franchises or looking for potential franchise partners. However, if you
currently own and operate a successful business in the tourism
industry, and think your city should offer the GoCar experience, we’d be
happy to hear from you.