RentMotoped
Motorized-bicycle rentals

About
Founded

2016

Franchising Since

2016 (2 Years)

Corporate Address

43 Central Ave.
Lancaster, NY 14086

CEO

Conrad Kloc

Parent Company

RentMotoped

Financial Requirements
Initial Investment

$180,200 - $223,800

Net-worth Requirement

$150,000

Liquid Cash Requirement

$70,000

Ongoing Fees
Initial Franchise Fee

$35,000 - $35,000

Ongoing Royalty Fee

Varies

Ad Royalty Fee

1%

Financing Options
Veteran Incentives

10% off franchise fee

Support Options
Ongoing Support

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

On-The-Job Training:

3-5 days

Absentee Ownership Allowed
Number of Employees Required to Run:

1

Cost
Initial Investment: Low - $180,200 High - $223,800
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Grammar is only one tactic the pizza chain is using to distance itself from John Schnatter.

Chick-fil-A Makes More Per Restaurant Than McDonald's, Starbucks and Subway Combined … and It's Closed on Sundays

Why a restaurant that's closed on Sundays makes more per restaurant than any other fast food restaurant in the country.

Here is Why Mahindra First Choice is Betting High on Used Premium Car Segment

The ratio of used cars to new cars in India is roughly 1.2: 1.

5 Steps of the New Model of Revenue Recognition for Franchisors

The new rules around revenue recognition are lengthy and complex. Here's what you need to know.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: March 2nd, 2017
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