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2022 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
Founded
2016
Parent Company
RentMotoped
Leadership
Conrad Kloc, Founder and CEO

Franchising Overview

Franchising Since
2016 (6 years)
# of employees at HQ
5
Where seeking

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

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

Franchisor Information

Social
Facebook, Twitter
Corporate Address
43 Central Ave.
Lancaster, NY 14086

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
$35,000
Initial Investment
$180,200 - $223,800
Net Worth Requirement
$150,000
Cash Requirement
$70,000
Veteran Incentives
10% off franchise fee
Royalty Fee
Varies
Ad Royalty Fee
1%
Term of Agreement
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?
No
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
Yes
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021