Start-Up Costs and Fees |
||
| Rent-A-Wreck | J.D. Byrider Systems | |
| Investment | 36600 - 211000 | 349750 - 672500 |
| Franchise Fee | 0 | |
| Royalty Fee | $30/car/mo. | 2.50% |
| Advertising Fee | $1.5K/mo. | |
| Year Founded | 1970 | 1979 |
| Year Franchised | 1977 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Rent-A-Wreck | J.D. Byrider Systems | |
| Experience | General business experience | |
Financing Options |
||
| Rent-A-Wreck | J.D. Byrider Systems | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Rent-A-Wreck | J.D. Byrider Systems | |
| Training | 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. | On-The-Job Training: Varies Classroom Training: Varies Additional Training: Web-based curriculum |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) | 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 20 Absentee ownership of franchise is allowed. (28% of current franchisees are owner/operators) |
Expansion Plans |
||
| Rent-A-Wreck | J.D. Byrider Systems | |
| 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 | 0 | |
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Rent-A-Wreck | |
| J.D. Byrider Systems | |
| Franchise Fee | |
| Rent-A-Wreck | |
| J.D. Byrider Systems | |
| Royalty Fee | |
| Rent-A-Wreck | $30/car/mo. |
| J.D. Byrider Systems | 2.50% |
| Advertising Fee | |
| Rent-A-Wreck | |
| J.D. Byrider Systems | $1.5K/mo. |
| Year Founded | |
| Rent-A-Wreck | 1970 |
| J.D. Byrider Systems | 1979 |
| Year Franchised | |
| Rent-A-Wreck | 1977 |
| J.D. Byrider Systems | 1989 |
| Term Of Agreement | |
| Rent-A-Wreck | 10 years |
| J.D. Byrider Systems | 10 years |
| Renewal Fee | |
| Rent-A-Wreck | |
| J.D. Byrider Systems | |
Business Experience Requirements |
|
| Experience | |
| Rent-A-Wreck | |
| J.D. Byrider Systems | General business experience |
Financing Options |
|
| Franchise Fees | |
| Rent-A-Wreck | Yes |
| J.D. Byrider Systems | Yes |
| Start-up Costs | |
| Rent-A-Wreck | |
| J.D. Byrider Systems | |
| Equipment | |
| Rent-A-Wreck} | |
| J.D. Byrider Systems | |
| Inventory | |
| Rent-A-Wreck | |
| J.D. Byrider Systems | |
| Receivables | |
| Rent-A-Wreck | |
| J.D. Byrider Systems | |
| Payroll | |
| Rent-A-Wreck | |
| J.D. Byrider Systems | |
Training & Support |
|
| Training | |
| 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. |
| J.D. Byrider Systems | On-The-Job Training: Varies Classroom Training: Varies Additional Training: Web-based curriculum |
| Support | |
| Rent-A-Wreck | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| J.D. Byrider Systems | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | |
| Rent-A-Wreck | Co-op advertising, Ad slicks, National media, Regional advertising |
| J.D. Byrider Systems | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| 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) |
| J.D. Byrider Systems | 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 20 Absentee ownership of franchise is allowed. (28% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Rent-A-Wreck | |
| J.D. Byrider Systems | 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 | |
| Rent-A-Wreck | |
| J.D. Byrider Systems | 0 |
| International Expansion | |
| Rent-A-Wreck | |
| J.D. Byrider Systems | Canada, |