Budget Car & Truck Rental vs RimTyme Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Budget Car & Truck Rental vs RimTyme including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Budget Car & Truck Rental Franchise
RimTyme Franchise
Investment $166,700 - $451,000$321,208 - $684,250
Franchise Fee $20,000$25,000
Royalty Fee -4%
Advertising Fee -$250/ mo
Year Founded -2005
Year Franchised -2007
Term Of Agreement -5-10 years + 5-10
Term Of Agreement -5-10 years + 5-10
Renewal Fee --


Business Experience Requirements
 
Budget Car & Truck Rental Franchise
RimTyme Franchise
Experience --

Financing Options
 
Budget Car & Truck Rental Franchise
RimTyme Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-No/Yes
Start-up Costs -/-No/Yes
Equipment -/-No/Yes
Inventory -/-No/Yes
Receivables -/-No/No
Payroll -/-No/No

Training & Support
 
Budget Car & Truck Rental Franchise
RimTyme Franchise
Training -4 Weeks
Support -*Central Purchasing *Field Operation Evaluation *Field Training *Initial Store Opening *Inventory Control *Franchisee Newsletter *Regional or National Meetings
Marketing -*National Advertising *Regional Advertising *Local Advertising *Marketing Materials *Additional Services *Other Marketing Support
Operations -Passive Ownership: Discouraged Average Number of Employees: 5 Full-time, 0 Part-time

Expansion Plans
 
Budget Car & Truck Rental Franchise
RimTyme Franchise
US Expansion -Yes
Canada Expansion -No
International Expansion -Yes

Company Overviews

About Budget Car & Truck Rental

Budget Rent a Car is one of the largest car and truck rental companies in the world, with locations in more than 110 countries and all 50 United States. With more than 3,000 rental shops, including at 825 airports, Budget Rent a Car circulates approximately 232,500 vehicles. Though Budget Rent a Car began as a strictly low-cost rental option to other companies charging daily and per-mile rates, the company has grown substantially in its 50-plus years of operation, and has been ranked as the world’s third-largest vehicle rental company.

"Top

#41 in Canada's Top franchises.


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.