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Entrepreneur: Start & Grow Your Business

GoCar GPS-Guided Tours

GPS-guided talking tour cars

Background

Founded: 2004 Franchising since: 2005
2715 Hyde St.
San Francisco, California 94109
Phone:
(415)441-5695


Franchisor is a privately-held company with 2 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 2 0 1 2
2006 0 0 0 2
2005 0 0 0 2

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Asia, Australia/new zealand, Eastern europe, Mexico, South america, Western europe

Exclusive territories available.
Territory size: Metropolitan area

Costs and Fees

Total investment: $175K-375K
Franchise fee: $45K
Ongoing royalty fee: 10%
Term of agreement: 5 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $200K
Cash liquidity requirement: $100K
Business Experience:
  • General business experience
  • Marketing skills
  • Technology skills

Operations
  • Number of employees needed to run franchised unit: 6
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

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