Racing Limos vs Rent-A-Wreck Franchise Comparison

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

Start-Up Costs and Fees
  Racing Limos Rent-A-Wreck
Investment 39000 - 100000 36600 - 211000
Franchise Fee 0
Royalty Fee $291 per month on your first vehicle $30/car/mo.
Advertising Fee
Year Founded 2002 1970
Year Franchised 2003 1977
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Racing Limos Rent-A-Wreck
Experience

Financing Options
  Racing Limos Rent-A-Wreck
 
Franchise Fees Yes
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Racing Limos Rent-A-Wreck
Training * Comprehensive course * Extensive operations manual * Personal visits * Telephone visits * Annual conference (3 days) * Networking opportunities * Website support area including message board, franchisee news, local website administration and an extensive on-line library * Toll free help line Rent-A-Wreck has a comprehensive five-day initial training seminar that covers all the information you need to open a successful Rent-A-Wreck business. In addition, we also provide opportunities for you to continually expand your knowledge with resources such as our webinars, quarterly newsletters, and regional and national franchisee meetings.
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing * Custom newsletters and direct mail pieces * Toll free help desk * National toll free lead line * Your own Internet website * Annual national conference * Introductory print ads * Marketing brand package of promotional materials * Public relations pieces * Mobile advertising customizable presentation Co-op advertising, Ad slicks, National media, Regional advertising
Operations International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

Expansion Plans
  Racing Limos Rent-A-Wreck
US Expansion 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
Racing Limos
Rent-A-Wreck
Franchise Fee
Racing Limos
Rent-A-Wreck
Royalty Fee
Racing Limos $291 per month on your first vehicle
Rent-A-Wreck $30/car/mo.
Advertising Fee
Racing Limos
Rent-A-Wreck
Year Founded
Racing Limos 2002
Rent-A-Wreck 1970
Year Franchised
Racing Limos 2003
Rent-A-Wreck 1977
Term Of Agreement
Racing Limos
Rent-A-Wreck 10 years
Renewal Fee
Racing Limos
Rent-A-Wreck


Business Experience Requirements
Experience
Racing Limos
Rent-A-Wreck

Financing Options
 
Franchise Fees
Racing Limos
Rent-A-Wreck
Start-up Costs
Racing Limos
Rent-A-Wreck
Equipment
Racing Limos}
Rent-A-Wreck
Inventory
Racing Limos
Rent-A-Wreck
Receivables
Racing Limos
Rent-A-Wreck
Payroll
Racing Limos
Rent-A-Wreck

Training & Support
Training
Racing Limos * Comprehensive course * Extensive operations manual * Personal visits * Telephone visits * Annual conference (3 days) * Networking opportunities * Website support area including message board, franchisee news, local website administration and an extensive on-line library * Toll free help line
Rent-A-Wreck Rent-A-Wreck has a comprehensive five-day initial training seminar that covers all the information you need to open a successful Rent-A-Wreck business. In addition, we also provide opportunities for you to continually expand your knowledge with resources such as our webinars, quarterly newsletters, and regional and national franchisee meetings.
Support
Racing Limos
Rent-A-Wreck Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Racing Limos * Custom newsletters and direct mail pieces * Toll free help desk * National toll free lead line * Your own Internet website * Annual national conference * Introductory print ads * Marketing brand package of promotional materials * Public relations pieces * Mobile advertising customizable presentation
Rent-A-Wreck Co-op advertising, Ad slicks, National media, Regional advertising
Operations
Racing Limos
Rent-A-Wreck International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

Expansion Plans
US Expansion
Racing Limos 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
Rent-A-Wreck
Canada Expansion
Racing Limos
Rent-A-Wreck
International Expansion
Racing Limos
Rent-A-Wreck