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Below is an in-depth analysis and side-by-side comparison of Bates Motor Home Rental Network Inc. vs Automatic Car Credit including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $33,800 - $250,000 | $250,000 - $416,700 |
Franchise Fee | $17,000 - $35,000 | $10,000 - $25,000 |
Royalty Fee | 8% | $125/vehicle |
Advertising Fee | - | $500-1,000/Mo. |
Year Founded | 1973 | - |
Year Franchised | 1995 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $1K | - |
Business Experience Requirements |
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Experience | Do I need to have auto industry experience to purchase a franchise? We recommend that you do. However, an individual that demonstrates great people skills, business sense, is driven, and can motivate others can probably hire individuals with the necessary experience. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | Yes/No | -/- |
Equipment | Yes/No | -/- |
Inventory | Yes/No | -/- |
Receivables | Yes/No | -/- |
Payroll | Yes/No | -/- |
Training & Support |
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Training | - | Ready to learn more about auto financing, inventory control, and marketing than you ever dreamed? Automatic Car Credit has a rigorous training program ready for you. It covers every area essential to running your franchise. And ongoing training will be available on an as-needed basis. |
Support | Newsletter, Meetings, Internet, Security/safety procedures, Purchasing cooperatives | - |
Marketing | Co-op advertising | TV and radio commercials that are clear and compelling, making Automatic Car Credit stand out from the competition. The Web site is another excellent marketing tool. There is no question: your marketing message will be loud, clear, and highly professional! |
Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
The international presence of the Bates Motor Home Rental Network will continue to be a trendsetter in its appeal to consumers. The access to state-of-the-art vehicles, backed by competent technical support and customer service is the key to capitalize fully on these trends and opportunities.
As large rental companies expand customer awareness through diverse
marketing, all quality rental operators benefit. Demand for commercial
RV rentals will continue to accelerate at a faster rate than the supply
of rental RVs. The reason for this phenomenal growth in demand is due to
the Baby Boom Generation.