Racing Limos Franchise

Limousine Services

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Racing Limoswas founded by Bryan Pease in Naples, FL in 2002 as a specialty transportation company. At its peak, Racing Limos boasted 53 active franchise locations, but the 2007-2009 downturn slid the franchise operations into difficult times. James Albion (Dover, NH) got involved with the NH franchise as an ad agency, ZMJ Advertising (founded in 1992), and felt the company had potential more as a marketing & advertising company than a limousine service. Albion took over the Racing Limos business under his NH corporation, Racing Limos America, Inc., in April 2010. "With the economy likely to stay in the dumper for another 10 years, and gasoline showing signs that we could see $5 - $6 per gallon, I saw the potential of the business moving into marketing and away from a luxury service. Regardless of economy, businesses advertise, and when the economy is very difficult, as it is now, businesses are looking for more creative, aggressive forms of advertising to keep moving forward. We are that aggressive, creative business."Franchises are priced as turnkey operations, making it easier for a franchise owner to be in business and moving forward from Day 1.

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$129.55 USD
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$129.55
$129.55


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Please Note: The operators of Racing Limos, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Racing Limos website.

How much does it cost to open a Racing Limos Franchise ?

The investment required to open a Racing Limos Franchise is between $39,000 - $100,000 . There is an initial franchise fee of $22,500 -$77,500 which grants you the license to run a business under the Racing Limos name.

Individual Franchise Costs

  • Initial Investment:
    $39,000 -
  • Initial Franchise Fee:
    $22,500 - $77,500
  • Royalty Fee:
    $291 per month on your first vehicle

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A N/A
Equipment N/A N/A
Inventory N/A N/A
Accounts Receivable N/A N/A
Payroll N/A N/A

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

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

Racing Limos Growth History

When did the first Racing Limos open? 2002
When did Racing Limos start Franchising ? 2003

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



How much does a Racing Limos Franchise owner make?

How much money you could make as a Racing Limos Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Racing Limos Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$22,500 - $100,000
Initial Franchise Fee
$22,500 - $77,500
Royalty Fee
$291 per month on your first vehicle
Racing Limos Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Racing Limos and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Racing Limos franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.