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Updated RecentlyEagleRider Motorcycle Rental vs RimTyme Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of EagleRider Motorcycle Rental vs RimTyme including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $47,283 - $179,496 | $321,208 - $684,250 |
| Franchise Fee | $20,000 - $30,000 | $25,000 |
| Royalty Fee | 10% | 4% |
| Advertising Fee | - | $250/ mo |
| Year Founded | 1992 | 2005 |
| Year Franchised | 1997 | 2007 |
| Term Of Agreement | 10 years | 5-10 years + 5-10 |
| Term Of Agreement | 10 years | 5-10 years + 5-10 |
| Renewal Fee | - | - |
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/No | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | 4 Weeks |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, 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 media, Regional advertising | *National Advertising *Regional Advertising *Local Advertising *Marketing Materials *Additional Services *Other Marketing Support |
| Operations |
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) | Passive Ownership: Discouraged Average Number of Employees: 5 Full-time, 0 Part-time |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About EagleRider Motorcycle Rental
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.
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.