GoCar GPS-Guided Tours
At a Glance
Products & Services: GPS-guided talking tour cars
Number of Locations:
Total Investment: $175K - 375K
Founded: 2004
Began Franchising: 2005
Private Owned
Startup Costs, Ongoing Fees and Financing
Total Investment: $175,000 - $375,000
Franchise Fee: $45,000
Ongoing Royalty Fee: 10%
Term of Franchise Agreement: 5 years, renewable
Franchise Fee: $45,000
Ongoing Royalty Fee: 10%
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $200,000
Liquid Cash Available: $100,000
Operations
Number of employees needed to run franchised unit: 6. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).How This Franchise Supports Franchisees
Training: Available at headquarters: 4 weeks. At franchisee's location: 2 weeks.
Ongoing Support: Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations,
Marketing Support: Co-op advertising,
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