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Updated RecentlyPayless Car Rental vs EagleRider Motorcycle Rental Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Payless Car Rental vs EagleRider Motorcycle Rental including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $217,900 - $6,300,000 | $47,283 - $179,496 |
| Franchise Fee | $15,000 - $500,000 | $20,000 - $30,000 |
| Royalty Fee | 4-5% | 10% |
| Advertising Fee | - | - |
| Year Founded | 1971 | 1992 |
| Year Franchised | 1971 | 1997 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | $2.5K | - |
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/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | Ongoing training available as needed | - |
| 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 | National media | Ad slicks, National media, Regional advertising |
| Operations |
47% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 20
Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) |
25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Payless Car Rental
Payless Car Rental was established in 1971 in Spokane, Washington, by Les Netterstrom and his wife, Dusty. By 1982, their small two-location car rental business had grown to almost 100 franchises and one corporate-owned location. In 1983, the 150-location company changed its name to Payless Car Rental System Inc. In 1989, Netterstrom sold the company to a Taiwanese investment group. Eighty percent of the privately held company's franchise units are conversions; 47 percent of the franchisees own multiple locations.
About EagleRider Motorcycle Rental
Harley-Davidson aficionados Chris McIntyre and Jeff Brown began EagleRider Motorcycle Rental in Newport Beach, California, in 1992. Utilizing the promoting aptitude they had increased working for organizations like AT&T, McIntyre and Brown constructed a business that outfits its for the most part person born after WW2 customer base with bikes and biker design for day treks or week-long journeys. EagleRider Motorcycle Rental focuses are situated in significant urban areas over the United States, leasing cruisers, offering garments and extras, and offering guided visits.
Today, we are the world's biggest bike tourism organization having some expertise in rentals of Motorcycles, ATVs, Dirt Bikes, Side by Sides, and Scooters.
EagleRider Motorcycle Rental comprehends the requirements of bike aficionados and experienced explorers; we offer a wide determination of expertly looked after BMW®, Can-Am®, Harley-Davidson®, Honda®, Kawasaki®, Indian Motorcycle®, Triumph®, Victory®, and Yamaha®.
We additionally offer energizing one-way rentals or guided visits between establishment rental offices situated in the most attractive vacationer goal on the planet.
Notwithstanding the EagleRider Motorcycle Rental rental business, EagleRider Motorcycle Rental now establishments two correlative organizations that our franchisees can choose to take an interest in, EagleRider R&M Services and EagleRider Vehicle Sales.