Start-Up Costs and Fees |
||
| Scooter Planet | RimTyme | |
| Investment | 75000 - 75000 | 321208 - 684250 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 4% |
| Advertising Fee | $250/ mo | |
| Year Founded | 2004 | 2005 |
| Year Franchised | 2004 | 2007 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Scooter Planet | RimTyme | |
| Experience | ||
Financing Options |
||
| Scooter Planet | RimTyme | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Scooter Planet | RimTyme | |
| Training | 4 Weeks | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | *Central Purchasing *Field Operation Evaluation *Field Training *Initial Store Opening *Inventory Control *Franchisee Newsletter *Regional or National Meetings |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | *National Advertising *Regional Advertising *Local Advertising *Marketing Materials *Additional Services *Other Marketing Support |
| Operations | 0% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Passive Ownership: Discouraged Average Number of Employees: 5 Full-time, 0 Part-time |
Expansion Plans |
||
| Scooter Planet | RimTyme | |
| 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 | |
| Scooter Planet | |
| RimTyme | |
| Franchise Fee | |
| Scooter Planet | |
| RimTyme | |
| Royalty Fee | |
| Scooter Planet | 5% |
| RimTyme | 4% |
| Advertising Fee | |
| Scooter Planet | |
| RimTyme | $250/ mo |
| Year Founded | |
| Scooter Planet | 2004 |
| RimTyme | 2005 |
| Year Franchised | |
| Scooter Planet | 2004 |
| RimTyme | 2007 |
| Term Of Agreement | |
| Scooter Planet | 10 years |
| RimTyme | 5-10 years + 5-10 |
| Renewal Fee | |
| Scooter Planet | $5K |
| RimTyme | |
Business Experience Requirements |
|
| Experience | |
| Scooter Planet | |
| RimTyme | |
Financing Options |
|
| Franchise Fees | |
| Scooter Planet | No |
| RimTyme | No |
| Start-up Costs | |
| Scooter Planet | |
| RimTyme | |
| Equipment | |
| Scooter Planet} | |
| RimTyme | |
| Inventory | |
| Scooter Planet | |
| RimTyme | |
| Receivables | |
| Scooter Planet | |
| RimTyme | |
| Payroll | |
| Scooter Planet | |
| RimTyme | |
Training & Support |
|
| Training | |
| Scooter Planet | |
| RimTyme | 4 Weeks |
| Support | |
| Scooter Planet | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| RimTyme | *Central Purchasing *Field Operation Evaluation *Field Training *Initial Store Opening *Inventory Control *Franchisee Newsletter *Regional or National Meetings |
| Marketing | |
| Scooter Planet | Co-op advertising, Ad slicks, National media, Regional advertising |
| RimTyme | *National Advertising *Regional Advertising *Local Advertising *Marketing Materials *Additional Services *Other Marketing Support |
| Operations | |
| Scooter Planet | 0% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
| RimTyme | Passive Ownership: Discouraged Average Number of Employees: 5 Full-time, 0 Part-time |
Expansion Plans |
|
| US Expansion | |
| Scooter Planet | |
| RimTyme | 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 | |
| Scooter Planet | |
| RimTyme | |
| International Expansion | |
| Scooter Planet | |
| RimTyme | |