Raceway vs Express Mart Franchise Comparison

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

Start-Up Costs and Fees
  Raceway Express Mart
Investment 125000 - 220000 86200 - 361000
Franchise Fee 0
Royalty Fee 4%
Advertising Fee
Year Founded 1934 1975
Year Franchised 0 1990
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Raceway Express Mart
Experience We have found that individuals who possess an entrepreneurial spirit, a sense of community, a commitment to operational excellence and the ability to deliver superior guest service are the best representatives of the RaceWay name. The capital investment required for a RaceWay store ranges from $125,000 on the low end to $175,000 on the high end. The figure varies depending on the size of the store, property values, location and equipment costs.

Financing Options
  Raceway Express Mart
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Raceway Express Mart
Training New Operators will receive assistance with vendor options and layout designs from the RaceWay Store Set-up team if desired. Prior to opening, we encourage new Operators to train at an existing operating store for a week. For the first week of your store operation, a District Manager will train you on the use of all on-site equipment, daily reporting, and RaceWay s policies and procedures. Available at headquarters
Support Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, Regional advertising
Operations Number of employees needed to run unit: 3 - 7 Most Operators operate only one store and that is the model that RaceWay prefers. We do allow certain Operators to operate more than one store based on factors like the distance between the first and second location and our evaluation of an Operator's potential to operate an additional store successfully. Allowing an Operator to run more than one store is entirely up to RaceWay, but if you are permitted to operate multiple stores, it doesn't mean we guarantee that you will be successful in either location. You will be required to operate your store continuously during the hours provided in your lease agreement usually from 6am - 11pm, 7 days per week. We strongly encourage every store to be open 24 hours a day. Absentee ownership of franchise is allowed. (33% of current franchisees are owner/operators)

Expansion Plans
  Raceway Express Mart
US Expansion Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas, Virginia
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
Raceway
Express Mart
Franchise Fee
Raceway
Express Mart
Royalty Fee
Raceway
Express Mart 4%
Advertising Fee
Raceway
Express Mart
Year Founded
Raceway 1934
Express Mart 1975
Year Franchised
Raceway 0
Express Mart 1990
Term Of Agreement
Raceway 1 Year (Minimum)
Express Mart 10 years
Renewal Fee
Raceway
Express Mart


Business Experience Requirements
Experience
Raceway We have found that individuals who possess an entrepreneurial spirit, a sense of community, a commitment to operational excellence and the ability to deliver superior guest service are the best representatives of the RaceWay name. The capital investment required for a RaceWay store ranges from $125,000 on the low end to $175,000 on the high end. The figure varies depending on the size of the store, property values, location and equipment costs.
Express Mart

Financing Options
 
Franchise Fees
Raceway
Express Mart
Start-up Costs
Raceway
Express Mart
Equipment
Raceway}
Express Mart
Inventory
Raceway
Express Mart
Receivables
Raceway
Express Mart
Payroll
Raceway
Express Mart

Training & Support
Training
Raceway New Operators will receive assistance with vendor options and layout designs from the RaceWay Store Set-up team if desired. Prior to opening, we encourage new Operators to train at an existing operating store for a week. For the first week of your store operation, a District Manager will train you on the use of all on-site equipment, daily reporting, and RaceWay s policies and procedures.
Express Mart Available at headquarters
Support
Raceway Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
Express Mart Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Raceway
Express Mart Co-op advertising, Ad slicks, Regional advertising
Operations
Raceway Number of employees needed to run unit: 3 - 7 Most Operators operate only one store and that is the model that RaceWay prefers. We do allow certain Operators to operate more than one store based on factors like the distance between the first and second location and our evaluation of an Operator's potential to operate an additional store successfully. Allowing an Operator to run more than one store is entirely up to RaceWay, but if you are permitted to operate multiple stores, it doesn't mean we guarantee that you will be successful in either location. You will be required to operate your store continuously during the hours provided in your lease agreement usually from 6am - 11pm, 7 days per week. We strongly encourage every store to be open 24 hours a day.
Express Mart Absentee ownership of franchise is allowed. (33% of current franchisees are owner/operators)

Expansion Plans
US Expansion
Raceway Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas, Virginia
Express Mart
Canada Expansion
Raceway
Express Mart
International Expansion
Raceway
Express Mart