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Updated RecentlyRaceTrac vs Kangaroo Express Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of RaceTrac vs Kangaroo Express including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $1,000,000 - $1,400,000 | $133,390 - $1,912,000 |
| Franchise Fee | $25,000 | $20,000 - $50,000 |
| Royalty Fee | 3.5% | - |
| Advertising Fee | 1.5% | - |
| Year Founded | 1934 | 1995 |
| Year Franchised | 1934 | 1997 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | The company is seeking qualified candidates to bring their talents to its growing brand. RaceTrac franchisees should have strategic agility, business acumen, integrity and the ability to build an effective team. Ideal candidates will possess a desire to join a hands-on business opportunity where franchisees are actively involved in the day-to-day operations. Finally, potential franchisees should have a net worth of at least $700,000 and liquidity of at least $350,000. Candidates who meet these preliminary qualifications will be required to make an initial investment ranging from approximately $1 million to $1.4 million. Figures vary depending on the size of the store, store location, and equipment costs. | - |
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 | As a franchisee, RaceTrac will provide you with all of the tools necessary to run a RaceTrac store, including a comprehensive training program and our proven experience in marketing, operations and merchandising. RaceTrac’s training team will provide new franchisees an extensive training program that consists of classroom and in-store instruction. Our comprehensive training will teach you how to deliver great service to guests who come to your modern, convenient store for quality food offers and wide product selection. | - |
| Support | The RaceTrac operations team will begin supporting you immediately. The local regional team will support the franchisee with their intimate knowledge of Central Florida and business operations. This regional support includes a direct relationship with one of our dedicated Operations Supervisors. RaceTrac will also provide the franchisee with store opening support to assist with re-opening activities and make sure they get off to a great start as a RaceTrac franchisee. | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About RaceTrac
Headquartered in Atlanta, Georgia, family-owned RaceTrac has been serving guests since 1934 and now operates over 500 convenience store locations in Georgia, Florida, Louisiana and Texas. While operating under its mission of making people’s lives simpler and more enjoyable, many RaceTrac stores feature Swirl World frozen desserts, an expanded coffee bar, seating areas and free Wi-Fi. The company has been named a top workplace across the four states in which it operates, and has been recognized on Forbes list of largest private companies every year since 1998. In 2014,
Convenience StoreDecisions named RaceTrac as its “Chain of the Year.” RaceTrac willexpand into Tennessee beginning in 2019.
About Kangaroo Express
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Kangaroo Express offers business operators and entrepreneurs the opportunity to work with a
franchisor who not only helps grow new ventures, but offers the
flexibility to tailor individual stores to the customers they serve.
Whether establishing new locations or converting existing properties, we
provide benefits to every type of franchisee.
The total investment necessary to begin operations of a Kangaroo Express
convenience store franchise is from $616,500 to $1,912,000 for a newly
constructed Kangaroo Express Store and $191,500 to $995,000 if you are
converting an existing convenience store to a Kangaroo Express Store.
This includes $5,000 to $12,500 that must be paid to the franchisor or
their affiliates whether you open a newly constructed Kangaroo Express
Store or convert an existing convenience store to a Kangaroo Express
Store. If you purchase an existing company-operated Kangaroo Express
Store from the franchisor, the amount you will pay to the franchisor is
difficult to estimate based on real estate costs as well as the
ancillary businesses usually associated with a convenience store and
varies depending on the purchase price the franchisor negotiates.
The total investment necessary to begin operations of a newly constructed or rebuilt Motor Fuel Business is from $553,390 to $1,852,390. The total investment decreases to $133,390 to $1,337,390 if you are converting an existing forecourt to a Motor Fuel Business. This includes $20,000 to $50,000 that must be paid to the franchisor or their affiliates. The total investment noted in this paragraph for a Motor Fuel Business is in addition to the total investment necessary to begin operations of the Kangaroo Express convenience store franchise.
The total investment necessary to begin operations of a newly constructed or rebuilt Motor Fuel Business is from $553,390 to $1,852,390. The total investment decreases to $133,390 to $1,337,390 if you are converting an existing forecourt to a Motor Fuel Business. This includes $20,000 to $50,000 that must be paid to the franchisor or their affiliates. The total investment noted in this paragraph for a Motor Fuel Business is in addition to the total investment necessary to begin operations of the Kangaroo Express convenience store franchise.