RimTyme vs NextCar Franchise Comparison

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

Start-Up Costs and Fees
 
RimTyme Franchise
NextCar Franchise
Investment $321,208 - $684,250$338,950 - $813,135
Franchise Fee $25,000$22,500 - $125,000
Royalty Fee 4%-
Advertising Fee $250/ mo-
Year Founded 20052004
Year Franchised 20072015
Term Of Agreement 5-10 years + 5-10-
Term Of Agreement 5-10 years + 5-10-
Renewal Fee --


Business Experience Requirements
 
RimTyme Franchise
NextCar Franchise
Experience --

Financing Options
 
RimTyme Franchise
NextCar 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
NextCar 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
 
RimTyme Franchise
NextCar 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 NextCar

"NextCar
NextCar is THE place to get your next car rental. Operates a business that offers motor vehicle rentals, leases, car sharing and other mobility services, rent-to-own, and used vehicle sales to the general public. We have compact through full size, SUV's and moving trucks and we specialize in high end car rentals like BMW, Lexus, Infiniti, Mercedes and more!