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Updated RecentlyRacing Limos vs Metropolitan Movers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Racing Limos vs Metropolitan Movers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $39,000 - $100,000 | $55,500 - $250,000 |
| Franchise Fee | $22,500 - $77,500 | $29,500 |
| Royalty Fee | $291 per month on your first vehicle | 7.5% |
| Advertising Fee | - | 3% |
| Year Founded | 2002 | 2010 |
| Year Franchised | 2003 | 2013 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | -/- | Yes/- |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | * Comprehensive course * Extensive operations manual * Personal visits * Telephone visits * Annual conference (3 days) * Networking opportunities * Website support area including message board, franchisee news, local website administration and an extensive on-line library * Toll free help line | On-The-Job Training: 20 hours Classroom Training: 30 hours |
| Support | - | - |
| Marketing | * Custom newsletters and direct mail pieces * Toll free help desk * National toll free lead line * Your own Internet website * Annual national conference * Introductory print ads * Marketing brand package of promotional materials * Public relations pieces * Mobile advertising customizable presentation | - |
| Operations | - | To provide all services in accordance with Metropolitan Movers standards and procedures Number of Employees Required to Run: 4 - 6 |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
About Racing Limos
Racing Limos was founded by Bryan Pease in Naples, FL in 2002 as a specialty transportation company. At its peak, Racing Limos boasted 53 active franchise locations, but the 2007-2009 downturn slid the franchise operations into difficult times.
James Albion (Dover, NH) got involved with the NH franchise as an ad agency, ZMJ Advertising (founded in 1992), and felt the company had potential more as a marketing & advertising company than a limousine service. Albion took over the Racing Limos business under his NH corporation, Racing Limos America, Inc., in April 2010.
"With the economy likely to stay in the dumper for another 10 years, and gasoline showing signs that we could see $5 - $6 per gallon, I saw the potential of the business moving into marketing and away from a luxury service. Regardless of economy, businesses advertise, and when the economy is very difficult, as it is now, businesses are looking for more creative, aggressive forms of advertising to keep moving forward. We are that aggressive, creative business."
Franchises are priced as turnkey operations, making it easier for a franchise owner to be in business and moving forward from Day 1.About Metropolitan Movers
Metropolitan Movers, the Consumer's Choice Winner for 2012 has been a leader in providing full service and customized moving services to families and companies big and small. Recently Metropolitan Movers moved over 15,000 Canadians into new homes and this does not include the vast number of commercial moves we carried out. We understand how stressful a move can be and provide our clients fast and reliable service and the security of knowing that their movers are properly insured and licensed.
We privide:
*A professional head office team with over 10 years experience in the moving industry in North America
* A 1-Week initial intensive training course in the Metropolitan Movers moving rules and procedures
*A comprehensive Training and Operations Manual
*A well-established and growing franchise network in Ontario
*An easy to run business opportunity with a proven track-record of success and profitability within the first 6 months of operation
*Prime markets and locations still available
*Exclusive and protected territory
*Opening marketing materials plus other branded materials for your local marketing efforts
*A marketing-driven Brand
*Proprietary marketing system that sends you business from day 1 of operations!
*Dedicated franchisee website section promoting your franchise location
If this sounds like the type of business that would interest you, please contact us.