Wheel Fun Rentals
At a Glance
Products & Services: Recreational rentals
Number of Locations: 106
Total Investment: $85K - 259K
Founded: 1987
Began Franchising: 2000
Private Owned
About Wheel Fun Rentals
Brian McInerney founded Wheel Fun Rentals in 1987 in order to bring the four-wheeled Italian surrey cycle to California. The Southern California-based company began franchising in 2000. Wheel Fun Rentals has multiple units in operation and has identified more than 1,000 potential locations nationwide. It offers its franchisees exclusive territories and has co-branding relationships with city and state parks.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2010 | 93 | 0 | 0 | 13 |
| 2009 | 84 | 0 | 0 | 9 |
| 2008 | 77 | 0 | 0 | 8 |
Where Seeking Franchisees: Franchisor is seeking new units internationally.
Startup Costs, Ongoing Fees and Financing
Total Investment: $85,000 - $259,000
Franchise Fee: $29,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $29,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $75,000
Operations
75% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 12. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 7 days. At franchisee's location: Varies. Ongoing as needed
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations,
Marketing Support: Co-op advertising, Ad slicks,
Franchise Ranking History
America's Top Global: #174 (2011),
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