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Updated RecentlyScooter Planet vs J.D. Byrider Systems Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Scooter Planet vs J.D. Byrider Systems including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $75,000 | $349,750 - $672,500 |
| Franchise Fee | $29,500 | $50,000 |
| Royalty Fee | 5% | 2.5% |
| Advertising Fee | - | $1.5K/mo. |
| Year Founded | 2004 | 1979 |
| Year Franchised | 2004 | 1989 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | $5K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/No | No/Yes |
| Payroll | No/No | No/Yes |
Training & Support |
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| Training | - | On-The-Job Training: Varies Classroom Training: Varies Additional Training: Web-based curriculum |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations |
0% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 20
Absentee ownership of franchise is allowed. (28% of current franchisees are owner/operators)
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Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
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.
About J.D. Byrider Systems
Owner of a Chevrolet-Cadillac dealership in Marion, Indiana, James F. DeVoe learned how profitable used cars could be when he added a used car dealership to his operation in 1979. With a $19 ad in the local paper, DeVoe sold eight cars the first week for a gross profit of $1,000 each.
Ten years later, DeVoe founded J.D. Byrider (http://www.jdbyrider.com/) in 1989 to deliver dependable used cars and affordable financing.
Indianapolis-based J.D. Byrider specializes in 5- to 10-year-old cars sold for an average of $7,000. The target customer is a blue-collar worker with a blemished or limited credit history, a segment that has grown with the rise of personal bankruptcies. Unlike most dealerships, where customers pick a car and then figure out how to finance it, J.D. Byrider reverses the process: Credit counselors guide customers toward vehicles within their price range.
Every J.D. Byrider franchise (http://www.jdbyrider.com/) is two companies working together: a used car sales company, J.D. Byrider, and a sub-prime auto finance company, the CarNow Acceptance Co. (CNAC). Both are independently owned and operated by franchisees.