| ||||
Updated RecentlyScooter Planet vs Racing Limos Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Scooter Planet vs Racing Limos including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $75,000 | $39,000 - $100,000 |
| Franchise Fee | $29,500 | $22,500 - $77,500 |
| Royalty Fee | 5% | $291 per month on your first vehicle |
| Advertising Fee | - | - |
| Year Founded | 2004 | 2002 |
| Year Franchised | 2004 | 2003 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $5K | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | - | * Comprehensive course * Extensive operations manual * Personal visits * Telephone visits * Annual conference (3 days) * Networking opportunities * Website support area including message board, franchisee news, local website administration and an extensive on-line library * Toll free help line |
| 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 | * Custom newsletters and direct mail pieces * Toll free help desk * National toll free lead line * Your own Internet website * Annual national conference * Introductory print ads * Marketing brand package of promotional materials * Public relations pieces * Mobile advertising customizable presentation |
| Operations |
0% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Scooter Planet
NO LONGER FRANCHISING
Envision owning a part of the American dream - riding in nature with the twist in your face - all without bicycling up slopes. We offer a genuinely imaginative open door in light of demonstrated achievement. For far less capital than is required for all intents and purposes all different establishments, you can be headed to owning and working an exceptionally effective vehicle rental business. Our specialists will prepare you at our retail stores in wonderful Las Vegas, Nevada. You will figure out how to work the cycles and bikes, legitimately keep up the gear and maintain the whole business. A large portion of the mechanized cycles look fundamentally the same as Harley Davidsons (tm) and other comparative cycles. These cycles are currently accessible with a completely programmed transmission and no bike permit is required to work such a vehicle in for all intents and purposes all states.
Purchase Your Own Franchise Retail Outlet! Bike rental areas are perfect in substantial urban communities and additionally ideal for visitor or shoreline front areas that pull in a youthful grown-up shopper bunch (think about all the understudies searching for such vehicles amid their spring break!) The offers of bikes has become more than 278% in one year. Makers from everywhere throughout the world are delivering bike and cycle models as at no other time. Our retail stores convey a full line of Italian made game style bikes. Establishment openings will be accessible all through the United States.
About Racing Limos
Racing Limos was founded by Bryan Pease in Naples, FL in 2002 as a specialty transportation company. At its peak, Racing Limos boasted 53 active franchise locations, but the 2007-2009 downturn slid the franchise operations into difficult times.
James Albion (Dover, NH) got involved with the NH franchise as an ad agency, ZMJ Advertising (founded in 1992), and felt the company had potential more as a marketing & advertising company than a limousine service. Albion took over the Racing Limos business under his NH corporation, Racing Limos America, Inc., in April 2010.
"With the economy likely to stay in the dumper for another 10 years, and gasoline showing signs that we could see $5 - $6 per gallon, I saw the potential of the business moving into marketing and away from a luxury service. Regardless of economy, businesses advertise, and when the economy is very difficult, as it is now, businesses are looking for more creative, aggressive forms of advertising to keep moving forward. We are that aggressive, creative business."
Franchises are priced as turnkey operations, making it easier for a franchise owner to be in business and moving forward from Day 1.