|
Below is an in-depth analysis and side-by-side comparison of Wheelchair Getaways vs U-Save Auto Rental including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $40,000 - $112,000 | $58,000 - $711,150 |
Franchise Fee | $17,500 | $10,000 - $250,000 |
Royalty Fee | $550/van/yr. | 3-6% |
Advertising Fee | - | - |
Year Founded | 1988 | 1979 |
Year Franchised | 1989 | 1979 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $5K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad slicks |
Operations |
Franchise can be run from home. 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
8% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
In 1921 the Pennsylvania-based Van Artsdalen Express was a successful freight company. By 1972, it had been restructured to operate school buses instead of trucks. While working for the company, J. Edward Van Artsdalen noticed that people using wheelchairs were some of the most poorly served individuals in the transportation market. Motivated by this discovery, Van Artsdalen founded Wheelchair Getaways Inc. in 1988. The company rents wheelchair-accessible vans to individuals and groups. The company began franchising in 1989 and was purchased by J. Stewart and Jean Gatewood in 1994. Wheelchair Getaways is now based in Versailles, Kentucky and owned by Richard Gatewood and Moon Ko.
U-Save Auto Rental of America Inc. was founded in 1979 and began franchising that same year. It is based in Jackson, Mississippi.