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Updated RecentlyPrice King Rent-a-Car vs RimTyme Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Price King Rent-a-Car vs RimTyme including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $120,000 | $321,208 - $684,250 |
| Franchise Fee | $59,000 - $99,000 | $25,000 |
| Royalty Fee | - | 4% |
| Advertising Fee | - | $250/ mo |
| Year Founded | 1984 | 2005 |
| Year Franchised | 1984 | 2007 |
| Term Of Agreement | - | 5-10 years + 5-10 |
| Term Of Agreement | - | 5-10 years + 5-10 |
| Renewal Fee | - | - |
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 |
| Start-up Costs | -/- | No/Yes |
| Equipment | -/- | No/Yes |
| Inventory | -/- | No/Yes |
| Receivables | -/- | No/No |
| Payroll | -/- | No/No |
Training & Support |
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| Training | - | 4 Weeks |
| Support | - | *Central Purchasing *Field Operation Evaluation *Field Training *Initial Store Opening *Inventory Control *Franchisee Newsletter *Regional or National Meetings |
| Marketing | - | *National Advertising *Regional Advertising *Local Advertising *Marketing Materials *Additional Services *Other Marketing Support |
| Operations | - | Passive Ownership: Discouraged Average Number of Employees: 5 Full-time, 0 Part-time |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | No |
| International Expansion | - | Yes |
Company Overviews
About Price King Rent-a-Car
Jerry King, a past proprietor of a Lincoln-Mercury Dealership, outlined Price King Rent-A-Car to be an extra benefit community for new and utilized auto dealerships. A similar fundamental standards additionally function admirably for remain solitary lease an auto franchisees. Value King's demonstrated techniques can help you prevail in the focused lease an auto business. A portion of the advantages of the Price King framework: Ease of Operations, Exclusive Territories, Year Round Positive Cash Flow, Positive Name and Image, On Going Support, and On Site Professional Training to give some examples.
About RimTyme
RimTyme franchises provide a full and complete line of custom wheel and tire products, offered to consumers under traditional retail sales programs and under rental purchase programs. RimTyme franchises also engage in retail sales of accessory products. The RimTyme franchise prototype was developed and proven by current franchisees. These custom rim and tire stores offer same-day custom wheel and tire installations to customers at competitive prices and affordable payment plans. Compelling unit economics, combined with a well-established franchisor with over 40 years' experience, provides an unparalleled opportunity.