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Below is an in-depth analysis and side-by-side comparison of Pegasus car rentals 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 | N/A | $321,208 - $684,250 |
Franchise Fee | N/A | $25,000 |
Royalty Fee | - | 4% |
Advertising Fee | - | $250/ mo |
Year Founded | 1989 | 2005 |
Year Franchised | 1991 | 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 |
Interested in joining one of NZ's iconic kiwi franchises? Then join a group of 13 passionate owner operators already running their own Pegasus Car Rental franchises.
Pegasus Car Rental is a well-known national brand that's been around since 1989. As well as a great brand, you will have access to a national booking system, group buying power and marketing and training expertise. You will also have the support of a great head office team, as well as being able to leverage the combined knowledge of all our owner operators nationwide, it couldn't be easier.
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.