Rent-A-Wreck vs RimTyme Franchise Comparison

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

Start-Up Costs and Fees

 
Rent-A-Wreck Franchise
RimTyme Franchise
Investment $36,600 - $211,000$321,208 - $684,250
Franchise Fee $18,000 - $75,000$25,000
Royalty Fee $30/car/mo.4%
Advertising Fee -$250/ mo
Year Founded 19702005
Year Franchised 19772007
Term Of Agreement 10 years5-10 years + 5-10
Term Of Agreement 10 years5-10 years + 5-10
Renewal Fee --


Business Experience Requirements

 
Rent-A-Wreck Franchise
RimTyme Franchise
Experience --

Financing Options

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

Training & Support

 
Rent-A-Wreck Franchise
RimTyme 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.4 Weeks
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives*Central Purchasing *Field Operation Evaluation *Field Training *Initial Store Opening *Inventory Control *Franchisee Newsletter *Regional or National Meetings
Marketing Co-op advertising, Ad slicks, National media, Regional advertising*National Advertising *Regional Advertising *Local Advertising *Marketing Materials *Additional Services *Other Marketing Support
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)

Passive Ownership: Discouraged Average Number of Employees: 5 Full-time, 0 Part-time

Expansion Plans

 
Rent-A-Wreck Franchise
RimTyme Franchise
US Expansion -Yes
Canada Expansion NoNo
International Expansion YesYes

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 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.