RimTyme vs Practicar Franchise Comparison

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

Start-Up Costs and Fees
 
RimTyme Franchise
Practicar Franchise
Investment $321,208 - $684,250$80,000 - $200,000
Franchise Fee $25,000$15,000 - $30,000
Royalty Fee 4%-
Advertising Fee $250/ mo-
Year Founded 20051976
Year Franchised 20071976
Term Of Agreement 5-10 years + 5-10-
Term Of Agreement 5-10 years + 5-10-
Renewal Fee --


Business Experience Requirements
 
RimTyme Franchise
Practicar Franchise
Experience --

Financing Options
 
RimTyme Franchise
Practicar 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
 
RimTyme Franchise
Practicar Franchise
Training 4 WeeksFull classroom and ongoing training provided
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
 
RimTyme Franchise
Practicar Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion YesYes

Company Overviews

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.

About Practicar

Thank you for your enthusiasm for Practicar's establishment program. The Practicar framework is a settled program that has offered clients reasonable evaluating on rentals, leases and auto deals since 1976. Because of the effective execution of this framework, Practicar can give franchisees a one of a kind and productive business opportunity. As a franchisee, you advantage from the information, assets and help of our national bolster group. You likewise advantage from Practicar's preparation and improvement programs, national showcasing, demonstrated establishment business systems, auto deals programs, focused protection program and a permit to utilize our exceptional and very unmistakable brand. Practicar is looking for client benefit arranged, committed and objective driven people who craving to be ready to go for them selves yet not without anyone else and who know the upsides of being a cooperative person. It is safe to say that you are one of these people? These are only a couple of the energizing focal points of being an individual from the Practicar family, however there are such a variety of different reasons why a Practicar establishment is a brilliant and opportune speculation. For more data in regards to this open door, please review and we will forward you our complete establishment bundle. Alternately call our Franchise Development Coordinator