Wheel Fun Rentals vs The Yak Shak Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Wheel Fun Rentals vs The Yak Shak including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$46,000 - $230,000 | $114,200 - $534,000 |
Franchise Fee |
$12,500 - $25,000 | $20,000 |
Royalty Fee |
6% | 3% |
Advertising Fee |
- | 1% |
Year Founded |
1987 | 2019 |
Year Franchised |
2000 | 2021 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
$1K | - |
Business Experience Requirements |
Experience |
General business 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 | - |
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 |
US Expansion |
- | - |
Canada Expansion |
No | - |
International Expansion |
No | - |
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 The Yak Shak
The Yak Shak is a kayak pro shop headquartered in Pelham, Alabama that brings together
outdoor enthusiasts and builds community around supporting and
conserving our natural waterways. The Yak Shak carries fishing kayaks, tackle,
apparel and offers kayak rentals year-round.
The total investment necessary to begin operation of a single
The
Yak Shak franchise ranges from $114,200 to $534,000. This includes the
Initial Franchise Fee of $20,000 that is paid to the franchisor. They
also offer an area development agreement that allows you to open a
minimum of two stores within a designated territory. You must pay a
development fee of $61,000 to $68,500 for two franchise locations and an
additional fee of $15,000 for each franchised location after two.