Rent-A-Wreck vs Racing Limos Franchise Comparison

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

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


Business Experience Requirements
  Rent-A-Wreck Racing Limos
Experience

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

Training & Support
  Rent-A-Wreck Racing Limos
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. * 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
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, National media, Regional advertising * 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
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
  Rent-A-Wreck Racing Limos
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
Rent-A-Wreck
Racing Limos
Franchise Fee
Rent-A-Wreck
Racing Limos
Royalty Fee
Rent-A-Wreck $30/car/mo.
Racing Limos $291 per month on your first vehicle
Advertising Fee
Rent-A-Wreck
Racing Limos
Year Founded
Rent-A-Wreck 1970
Racing Limos 2002
Year Franchised
Rent-A-Wreck 1977
Racing Limos 2003
Term Of Agreement
Rent-A-Wreck 10 years
Racing Limos
Renewal Fee
Rent-A-Wreck
Racing Limos


Business Experience Requirements
Experience
Rent-A-Wreck
Racing Limos

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

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.
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
Support
Rent-A-Wreck Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Racing Limos
Marketing
Rent-A-Wreck Co-op advertising, Ad slicks, National media, Regional advertising
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
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)
Racing Limos

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