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Below is an in-depth analysis and side-by-side comparison of Thrifty Car Sales vs EagleRider Motorcycle Rental including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $765,000 - $4,000,000 | $47,283 - $179,496 |
Franchise Fee | $35,000 | $20,000 - $30,000 |
Royalty Fee | $110+/vehicle | 10% |
Advertising Fee | - | - |
Year Founded | 1998 | 1992 |
Year Franchised | 1998 | 1997 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | $2.5K | - |
Business Experience Requirements |
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Experience | Thrifty is looking for energetic individuals who enjoy working within the travel and/or automotive field. Ideal candidates should have an entrepreneurial spirit, solid business and sales skills, and be an active part of the communities in which they live and work. A background in car rental, although a plus, is not a requirement. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | Your comprehensive training program includes franchisee onboarding training sessions at Thrifty zone offices, online training, and webinar training. Additionally, you will have access to training and support resources on an ongoing basis. | - |
Support | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Ad slicks | Ad slicks, National media, Regional advertising |
Operations |
19% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 14
Absentee ownership of franchise is allowed. (92% of current franchisees are owner/operators) |
25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | Yes |
Thrifty Car Sales is a subsidiary of Dollar Thrifty Automotive Group, Inc. (NYSE:DTG), a Fortune 1000 Company headquartered in Tulsa, Oklahoma.
Dealerships offer late model, low mileage vehicles. Thrifty Certified vehicles pass extensive inspection and are backed by a limited warranty.
Their experienced staff provides an extensive array of support services to their dealers including operational support, training, marketing and advertising.
Our experienced staff provides an extensive array of support services to our dealers including operational support, training, marketing and advertising. Our Thrifty Car Sales franchisees also benefit from a full-service business development center and a top notch website solution to drive traffic to our dealerships.
Dealerships offer late model, low mileage vehicles. Thrifty Certified® vehicles pass extensive inspection and are backed by a limited warranty.
Harley-Davidson aficionados Chris McIntyre and Jeff Brown began EagleRider Motorcycle Rental in Newport Beach, California, in 1992. Utilizing the promoting aptitude they had increased working for organizations like AT&T, McIntyre and Brown constructed a business that outfits its for the most part person born after WW2 customer base with bikes and biker design for day treks or week-long journeys. EagleRider Motorcycle Rental focuses are situated in significant urban areas over the United States, leasing cruisers, offering garments and extras, and offering guided visits.
Today, we are the world's biggest bike tourism organization having some expertise in rentals of Motorcycles, ATVs, Dirt Bikes, Side by Sides, and Scooters.
EagleRider Motorcycle Rental comprehends the requirements of bike aficionados and experienced explorers; we offer a wide determination of expertly looked after BMW®, Can-Am®, Harley-Davidson®, Honda®, Kawasaki®, Indian Motorcycle®, Triumph®, Victory®, and Yamaha®.
We additionally offer energizing one-way rentals or guided visits between establishment rental offices situated in the most attractive vacationer goal on the planet.
Notwithstanding the EagleRider Motorcycle Rental rental business, EagleRider Motorcycle Rental now establishments two correlative organizations that our franchisees can choose to take an interest in, EagleRider R&M Services and EagleRider Vehicle Sales.