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Updated RecentlyNEPAT Transport vs Racing Limos Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of NEPAT Transport vs Racing Limos including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $150,000 - $350,000 | $39,000 - $100,000 |
| Franchise Fee | $30,000 | $22,500 - $77,500 |
| Royalty Fee | 8% | $291 per month on your first vehicle |
| Advertising Fee | 2% | - |
| Year Founded | 0 | 2002 |
| Year Franchised | 0 | 2003 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | NEPAT is only seeking highly-qualified individuals to become our franchisees. Prior business experience, coupled with personal financial qualifications, individual motivation and a track record of success are important factors in our evaluation process. | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | 5 days at headquarters | * Comprehensive course * Extensive operations manual * Personal visits * Telephone visits * Annual conference (3 days) * Networking opportunities * Website support area including message board, franchisee news, local website administration and an extensive on-line library * Toll free help line |
| Support | - | - |
| Marketing | - | * Custom newsletters and direct mail pieces * Toll free help desk * National toll free lead line * Your own Internet website * Annual national conference * Introductory print ads * Marketing brand package of promotional materials * Public relations pieces * Mobile advertising customizable presentation |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About NEPAT Transport
NEPAT, Inc. (Non-Emergency Professional Accessible Transportation) offers the finest most reliable non-emergency transportation services in North Carolina and is now expanding its system of operations in non-emergency accessible transportation services through a franchise network. All franchise operations will maintain the highest standards of operations through highly trained staff members and driver associates that will assist clients/patients for local or long distance transport. Our drivers continuously update their skills with education and a thorough Quality Review process. Our vehicles are all ADA wheel chair accessibility vans and are maintained and inspected by state licensed mechanics that follow our strict standards of mechanical review. Our services include Adult day care Accident victims Post surgery visits Hospital discharges Inter-facility transfers Senior transportation Routine medical and dental visits
About Racing Limos
Racing Limos was founded by Bryan Pease in Naples, FL in 2002 as a specialty transportation company. At its peak, Racing Limos boasted 53 active franchise locations, but the 2007-2009 downturn slid the franchise operations into difficult times.
James Albion (Dover, NH) got involved with the NH franchise as an ad agency, ZMJ Advertising (founded in 1992), and felt the company had potential more as a marketing & advertising company than a limousine service. Albion took over the Racing Limos business under his NH corporation, Racing Limos America, Inc., in April 2010.
"With the economy likely to stay in the dumper for another 10 years, and gasoline showing signs that we could see $5 - $6 per gallon, I saw the potential of the business moving into marketing and away from a luxury service. Regardless of economy, businesses advertise, and when the economy is very difficult, as it is now, businesses are looking for more creative, aggressive forms of advertising to keep moving forward. We are that aggressive, creative business."
Franchises are priced as turnkey operations, making it easier for a franchise owner to be in business and moving forward from Day 1.