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Updated RecentlyWheel Fun Rentals vs Challenger sports Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Wheel Fun Rentals vs Challenger sports including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $46,000 - $230,000 | $40,995 - $72,395 |
| Franchise Fee | $12,500 - $25,000 | $24,995 |
| Royalty Fee | 6% | - |
| Advertising Fee | - | - |
| Year Founded | 1987 | 1985 |
| Year Franchised | 2000 | 1997 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $1K | - |
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 | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | Ongoing as needed | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
| Marketing | Co-op advertising, Ad slicks | - |
| 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 |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
Company Overviews
About Wheel Fun Rentals
Brian McInerney founded Wheel Fun Rentals in 1987 in order to bring the four-wheeled Italian surrey cycle to California. The Southern California-based company began franchising in 2000. Wheel Fun Rentals has multiple units in operation and has identified more than 1,000 potential locations nationwide. It offers its franchisees exclusive territories and has co-branding relationships with city and state parks.
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 Challenger sports
!["Challenger]("https://fddexchange.com/wp-content/uploads/2020/02/Challenger-sports-300x99.png")
Challenger Sports is a multi-faceted
international sports company who provide a wide variety of player
development programs, coach education clinics, tournaments, tours, and
uniform and equipment supply to hundreds of thousands of players,
parents, and coaches across the globe.
Operating originally as ‘British
Soccer Camps’ Challenger Sports began running summer soccer camps in the
US in 1985. Each year the company grew and the founders of Challenger
diversified and expanded their range of services and products in
response to the increasing demands of the rapidly growing North American
soccer population.
In 1997 the “Challenger” brand was
created along with a vision of duplicating the highly successful soccer
services and products model into multiple sports. Within two years,
company owners Ron Matsch, Peter Arch, Alan Jones, Paul Lawrence, Derek
Shoare and Andy Bennett had established a network of regional offices
serving soccer communities in every US state and 7 Canadian provinces. Challenger Sports also invested heavily in the United Kingdom and were the
first US based soccer company to set up a full-time recruitment and
training operation in Britain.