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Wheel Fun Rentals

2014 Franchise 500
#307
At a Glance

Products & Services: Recreational rentals

Number of Locations: 108

Total Investment: $46K - $230K

Founded: 1987

Began Franchising: 2000

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
2013 70 0 0 38
2012 75 0 0 26
2010 93 0 0 13
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $46,000 - $230,000
Franchise Fee: $12,500 - $25,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 15% off franchise fee
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).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

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

Franchise 500®: #307 (2014), #223 (2011), #296 (2010),
America's Top Global: #174 (2011),

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