| ||||
Updated RecentlyWheel Fun Rentals vs Balls N Bumpers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Wheel Fun Rentals vs Balls N Bumpers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $46,000 - $230,000 | $150,000 - $300,000 |
| Franchise Fee | $12,500 - $25,000 | $33,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | - | 3% |
| Year Founded | 1987 | 2004 |
| Year Franchised | 2000 | 2004 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $1K | - |
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/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | Ongoing as needed | Systems Training Each franchise owner must have been successfully trained in all aspects of Company policy, procedure and systems. As these aspects develop and alter, then so will the training be updated to ensure that franchise owners remain fully aware of the latest requirements. Sales Training All franchise owners will undergo sales training, specific to our business. This will be an ongoing program, with participation being mandatory. Basic aspects of salesmanship will also be included, plus where to find sales, how to promote your business, how to deal with price objections etc. will all be included as part of this element. Occupational Health and Safety Basic guidelines to OH & S principles, to ensure safe work practices and procedures are appropriate. |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
| Marketing | Co-op advertising, Ad slicks | All advertising shall be developed and controlled by BALLS N
BUMPERS, in conjunction with the franchisee. BNBF pays for
advertising which benefits multiple franchise owners from the
marketing fund, and individual franchise owners pay for their own local
advertising. *There is a full marketing plan, which covers our proposed expansion of the group in Australia. A Local Marketing Manual has been developed to assist each Franchise owner increase sales in their Territory. |
| Operations |
75% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 12
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
Company Overviews
About Wheel Fun Rentals
Wheel Fun Rentals offers fun and unique recreation, designed to move you on land and water and help you explore your surroundings, all across the U.S. At Wheel Fun Rentals, "FUN" is our middle name, and we strive for great service and lasting memories with every customer. Enjoy our bike rentals, including specialty cycles, and boat rentals nationwide. Search for us in your neighborhood or while on your next vacation.
About Balls N Bumpers
The future strength of Ball N Bumpers is three-fold. * The brand-name recognition of the Balls N Bumpers name, which is already well known in Tasmania and will become known extensively across Australia, as a highly reputable provider of licensed clothing and accessories. * Buying power and product knowledge. It is often as important to know what not to stock in large quantities as it is to know what is HOT. We can assist you with what to buy, what not to buy and where to get it.
* The Balls N Bumpers System is unique. We have spent years identifying a gap in the sports products retail market. Ball N Bumpers sell only licensed products from suppliers approved by organizations such as the AFL, the V8 teams from Holden and Ford, the ARU, the NRL, the NBA, Cricket Australia and so on. Products are tracked on state of the art computer systems, with both strong and weak sellers quickly recognized and appropriate actions taken.