| ||||
Updated RecentlyThrifty Car Sales vs RimTyme Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Thrifty Car Sales vs RimTyme including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $765,000 - $4,000,000 | $321,208 - $684,250 |
| Franchise Fee | $35,000 | $25,000 |
| Royalty Fee | $110+/vehicle | 4% |
| Advertising Fee | - | $250/ mo |
| Year Founded | 1998 | 2005 |
| Year Franchised | 1998 | 2007 |
| Term Of Agreement | 5 years | 5-10 years + 5-10 |
| Term Of Agreement | 5 years | 5-10 years + 5-10 |
| Renewal Fee | $2.5K | - |
Business Experience Requirements |
||
| 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 |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
||
| 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. | 4 Weeks |
| Support | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | *Central Purchasing *Field Operation Evaluation *Field Training *Initial Store Opening *Inventory Control *Franchisee Newsletter *Regional or National Meetings |
| Marketing | Ad slicks | *National Advertising *Regional Advertising *Local Advertising *Marketing Materials *Additional Services *Other Marketing Support |
| 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) | Passive Ownership: Discouraged Average Number of Employees: 5 Full-time, 0 Part-time |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | No | Yes |
Company Overviews
About Thrifty Car Sales
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.
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.