Rent-A-Wreck vs GoCar GPS-Guided Tours Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Rent-A-Wreck vs GoCar GPS-Guided Tours including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Rent-A-Wreck Franchise
GoCar GPS-Guided Tours Franchise
Investment $36,600 - $211,000$175,000 - $375,000
Franchise Fee $18,000 - $75,000$45,000
Royalty Fee $30/car/mo.10%
Advertising Fee --
Year Founded 19702004
Year Franchised 19772005
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee --


Business Experience Requirements

 
Rent-A-Wreck Franchise
GoCar GPS-Guided Tours Franchise
Experience --

Financing Options

 
Rent-A-Wreck Franchise
GoCar GPS-Guided Tours Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/NoNo/No
Start-up Costs No/YesNo/No
Equipment No/YesNo/No
Inventory No/YesNo/No
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support

 
Rent-A-Wreck Franchise
GoCar GPS-Guided Tours Franchise
Training Rent-A-Wreck has a comprehensive five-day initial training seminar that covers all the information you need to open a successful Rent-A-Wreck business. In addition, we also provide opportunities for you to continually expand your knowledge with resources such as our webinars, quarterly newsletters, and regional and national franchisee meetings.* Available at headquarters: 4 weeks

* At franchisee's location: 2 weeks

Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
Operations International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 2

Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

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Expansion Plans

 
Rent-A-Wreck Franchise
GoCar GPS-Guided Tours Franchise
US Expansion --
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Rent-A-Wreck

Rent-A-Wreck is the Smart AlternativeTM to all your car rental needs. Founded in 1968 and franchising since 1973, we are one of the best-known neighborhood car rental companies in the U.S. and global market.

'Do you really rent wrecks?'

After being in business for many years with one of the most unique and memorable corporate names, we still get calls from people every day asking this question.

Rest assured, our vehicles are more like the cars you drive everyday. We keep our fleet of cars, trucks, and vans clean and well maintained; they are far from wrecks! We hope that our funny name helps you to remember us, and our low cost rentals and high quality customer service will earn and keep your business.

Whether you need a rental vehicle for business, pleasure or something in between, Rent-a-Wreck is here for all your driving needs. Many of our locations stock economy cars and full size luxury sedans; and they also offer pickup trucks, box trucks, min-vans, cargo vans, 15-passenger vans, SUVs, and station wagons for rent as well!

Try any of our locations across the United States and internationally in Norway, Sweden and Denmark.

  • Rent-A-Wreck has franchise opportunities available in the United States and internationally.

  • About GoCar GPS-Guided Tours

    With locations in Europe and the United States, GoCar Tours takes tens of thousands of people through some of the world’s most beautiful cities every year. Currently, GoCar Tours operates in San Francisco, San Diego, Lisbon, Barcelona, and Madrid with other cities vying for franchises of their own.

    Currently we are not registered to sell franchises or looking for potential franchise partners.  However, if you currently own and operate a successful business in the tourism industry, and think your city should offer the GoCar experience, we’d be happy to hear from you.