Wheel Fun Rentals Franchise

Recreational equipment rental


Brian McInerney founded Wheel Fun Rentals in 1987 in order to bring the four-wheeled Italian surrey cycle to California. The Southern California-based company began franchising in 2000. Wheel Fun Rentals has multiple units in operation and has identified more than 1,000 potential locations nationwide. It offers its franchisees exclusive territories and has co-branding relationships with city and state parks.

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Please Note: The operators of Wheel Fun Rentals, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Wheel Fun Rentals website.

How much does it cost to open a Wheel Fun Rentals Franchise?

The estimated investment required to open a Wheel Fun Rentals Franchise is between $46,000-$230,000. There is an initial franchise fee of $12,500-$25,000 which grants you the license to run a business under the Wheel Fun Rentals name.

Individual Unit Costs

  • Initial Investment:
    $46,000-$230,000
  • Initial Franchise Fee:
    $12,500-$25,000
  • Royalty Fee:
    6%
  • Advertising Fee:
    N/A
  • Term of Agreement:
    10 years
  • Renewal Fee:
    $1K



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Wheel Fun Rentals News & Press Releases

When did the first Wheel Fun Rentals open? 1987
When did Wheel Fun Rentals start Franchising? 2000

Year U.S.A. Canada International Corporate
2005 50 0 0 16
2004 45 0 0 21
2003 36 0 0 18
2002 23 0 0 13
2001 17 0 0 7
Year U.S.A.
2005 50
2004 45
2003 36
2002 23
2001 17
Year Canada
2005 0
2004 0
2003 0
2002 0
2001 0
Year International
2005 0
2004 0
2003 0
2002 0
2001 0
Year Corporate
2005 16
2004 21
2003 18
2002 13
2001 7
Expense In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Third Party Financing Source(s): the SBA & leasing companies

Other Financing Source(s): 3rd party SBA loans

Training
Ongoing as needed

Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations

Marketing
Co-op advertising, Ad slicks

75% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 3 - 12

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Business Experience:

  • General business experience

  • To calculate how much income a franchise owner can do at Wheel Fun Rentals Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.

     
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    Legal Disclaimer: This information is not a franchise offering for Wheel Fun Rentals and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Wheel Fun Rentals franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

    Wheel Fun Rentals

    Wheel Fun Rentals

    Wheel Fun Rentals
    4526 Telephone Rd., #202
    Ventura, CA
    93003

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