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Updated RecentlyScooter Planet vs RimTyme Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Scooter Planet vs RimTyme including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $75,000 | $321,208 - $684,250 |
| Franchise Fee | $29,500 | $25,000 |
| Royalty Fee | 5% | 4% |
| Advertising Fee | - | $250/ mo |
| Year Founded | 2004 | 2005 |
| Year Franchised | 2004 | 2007 |
| Term Of Agreement | 10 years | 5-10 years + 5-10 |
| Term Of Agreement | 10 years | 5-10 years + 5-10 |
| Renewal Fee | $5K | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | 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 |
0% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Passive Ownership: Discouraged Average Number of Employees: 5 Full-time, 0 Part-time |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | 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 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.