Scooter Planet vs Hertz Car Rental Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Scooter Planet vs Hertz Car Rental including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Scooter Planet Franchise
Hertz Car Rental Franchise
Investment $75,000$564,300 - $2,539,000
Franchise Fee $29,500$25,000 - $100,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 2004-
Year Franchised 2004-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Scooter Planet Franchise
Hertz Car Rental Franchise
Experience --

Financing Options
 
Scooter Planet Franchise
Hertz Car Rental Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Scooter Planet Franchise
Hertz Car Rental Franchise
Training --
Support 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-
Operations 0% of all franchisees own more than one unit

Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

-

Expansion Plans
 
Scooter Planet Franchise
Hertz Car Rental Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion YesYes

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 Hertz Car Rental

"hertz

Founded in 1918 in Chicago, USA, Hertz Rent A Car began life as a one-man business with a dozen cars for hire. Since then, Hertz has grown, changed and innovated until today it boasts 10,000 car hire locations across six continents and 145 countries - including the first global car rental business in China. The largest general use airport rental car provider in the world, Hertz is a globally recognized and trusted brand. Hertz founder, Walter Jacobs, invented the car rental industry and though the business has seen changes in ownership over the years, that tradition of innovation has always been retained. Hertz pioneered airport car rental locations (a sector which they continue to lead) and was the first in the market to introduce travel agent booking systems, an express service, onboard navigation, instant return, and online check-in. Committed to superior customer service and cost-efficient vehicle leasing, Hertz offers both commercial and leisure hire options.

The total investment necessary to begin operation of a new Hertz Business (excluding real estate) is $564,300 to $12,539,000. For new franchisees, this includes $25,000 to $100,000 that must be paid to the Franchisor or its affiliates. For any franchisee that is purchasing from the Parent or its affiliates the assets of certain existing car renting business locations, the investment may include a franchise fee of several hundred thousand dollars or more that must be paid to the Franchisor or its affiliates.