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Franchise 500 2023
2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$180K - $224K
Unit data is unavailable
N/A

Company Overview

About RentMotoped

Industry Recreation
Related Categories Recreational Rentals, Miscellaneous Services
Founded 2016
Parent Company RentMotoped
Leadership Conrad Kloc, Founder and CEO
Corporate Address 43 Central Ave.
Lancaster, NY 14086
Social Facebook, Twitter

Business Overview

Franchising Since 2016 (7 years)
# of employees at HQ 5
Where seeking

This company is offering new franchisees in the following US states:

This company is offering new franchisees in the following international regions:

Information for Franchisees

Here's what you need to know if you're interested in opening a RentMotoped franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$35,000
Initial Investment Information Circle
$180,200 - $223,800
Net Worth Requirement Information Circle
$150,000
Cash Requirement Information Circle
$70,000
Veteran Incentives Information Circle
10% off franchise fee
Royalty Fee Information Circle
Varies
Ad Royalty Fee Information Circle
1%
Term of Agreement Information Circle
Indefinite
Is franchise term renewable? Yes
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Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 3-5 days
Ongoing Support
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising

Operations

Additional details about running this franchise.

Is absentee ownership allowed? Yes
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 1
Are exclusive territories available? Information Circle
Yes
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The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022