Start-Up Costs and Fees |
||
| Raceway | Kangaroo Express | |
| Investment | 125000 - 220000 | 133390 - 1912000 |
| Franchise Fee | ||
| Royalty Fee | ||
| Advertising Fee | ||
| Year Founded | 1934 | 1995 |
| Year Franchised | 0 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Raceway | Kangaroo Express | |
| 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 | Kangaroo Express | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Raceway | Kangaroo Express | |
| 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. | |
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | |
| Marketing | ||
| 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. | |
Expansion Plans |
||
| Raceway | Kangaroo Express | |
| US Expansion | Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas, Virginia | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Raceway | |
| Kangaroo Express | |
| Franchise Fee | |
| Raceway | |
| Kangaroo Express | |
| Royalty Fee | |
| Raceway | |
| Kangaroo Express | |
| Advertising Fee | |
| Raceway | |
| Kangaroo Express | |
| Year Founded | |
| Raceway | 1934 |
| Kangaroo Express | 1995 |
| Year Franchised | |
| Raceway | 0 |
| Kangaroo Express | 1997 |
| Term Of Agreement | |
| Raceway | 1 Year (Minimum) |
| Kangaroo Express | |
| Renewal Fee | |
| Raceway | |
| Kangaroo Express | |
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. |
| Kangaroo Express | |
Financing Options |
|
| Franchise Fees | |
| Raceway | |
| Kangaroo Express | |
| Start-up Costs | |
| Raceway | |
| Kangaroo Express | |
| Equipment | |
| Raceway} | |
| Kangaroo Express | |
| Inventory | |
| Raceway | |
| Kangaroo Express | |
| Receivables | |
| Raceway | |
| Kangaroo Express | |
| Payroll | |
| Raceway | |
| Kangaroo Express | |
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. |
| Kangaroo Express | |
| Support | |
| Raceway | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Kangaroo Express | |
| Marketing | |
| Raceway | |
| Kangaroo Express | |
| 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. |
| Kangaroo Express | |
Expansion Plans |
|
| US Expansion | |
| Raceway | Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas, Virginia |
| Kangaroo Express | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Raceway | |
| Kangaroo Express | |
| International Expansion | |
| Raceway | |
| Kangaroo Express | |