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Below is an in-depth analysis and side-by-side comparison of Priceless Rent-A-Car 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 | $339,992 - $790,266 | $321,208 - $684,250 |
Franchise Fee | $18,000 - $75,000 | $25,000 |
Royalty Fee | $34/car/month | 4% |
Advertising Fee | $8/car/month | $250/ mo |
Year Founded | 1997 | 2005 |
Year Franchised | 1997 | 2007 |
Term Of Agreement | - | 5-10 years + 5-10 |
Term Of Agreement | - | 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 | Yes/No | No/Yes |
Start-up Costs | Yes/No | No/Yes |
Equipment | Yes/Yes | No/Yes |
Inventory | Yes/No | No/Yes |
Receivables | Yes/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | On-The-Job Training: 3 days Classroom Training: 5 days | 4 Weeks |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | *Central Purchasing *Field Operation Evaluation *Field Training *Initial Store Opening *Inventory Control *Franchisee Newsletter *Regional or National Meetings |
Marketing | Ad Templates National Media | *National Advertising *Regional Advertising *Local Advertising *Marketing Materials *Additional Services *Other Marketing Support |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 2 - 4 | Passive Ownership: Discouraged Average Number of Employees: 5 Full-time, 0 Part-time |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
Since 1998, Priceless Car Rental has possessed, worked and diversified auto rental areas everywhere throughout the United States. Our unparalleled client benefit, premium armada and aggressive rates permit us to keep up our status as one of the best values in the auto rental industry.
We are effectively looking for exceptionally qualified agents to join our framework as establishment proprietors. Extremely valuable auto rental has a demonstrated model for individual financial specialists and business visionaries to discover their specialty in the lucrative $24 Billion US Car Rental market.
The way to accomplishment for our franchisees lies in the instruments we have created with more than 40 years of genuine working knowledge. From our restrictive business administration programming, access to our reservation framework, organization possessed protection and vehicle financing, and introductory and continuous preparing, Priceless Car Rental gives its establishment proprietors the instruments expected to maintain a productive vehicle rental business.
The auto rental industry has never been bigger as far as income and vehicles in administration, and we are looking for business people to spread Priceless Car Rental in little, medium, and vast markets the nation over. Our skill in the nearby rental commercial center originates from our proceeded with association and genuine experience as we commend 40 years as proprietor/administrators of vehicle rental stores and new and utilized auto dealerships.
This proceeding with association in the day by day vehicle rental business and the bigger car industry gives us a level of mastery in this fragment of the business that is the center establishment of the information we pass on to our establishment accomplices.
Our association with the car producers and our commendable reputation with our financing accomplices permit our establishment proprietors access to armada, financing and protection that would be distant for an autonomous administrator.
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.