Bates Motor Home Rental Network Inc. Franchise
Thursday, April 22, 2010 at 10:45PM Motor home rentals
For approximately 30 years, Bates has been innovative and building brand loyalty in a 4.5 Billion-Dollar industry that continues to grow. The continued expansion of the motor home rental business has been very steady, in all economic cycles.
The international presence of the Bates Motor Home Rental Network will continue to be a trendsetter in its appeal to consumers. The access to state-of-the-art vehicles, backed by competent technical support and customer service is the key to capitalize fully on these trends and opportunities.
As large rental companies expand customer awareness through diverse marketing, all quality rental operators benefit. Demand for commercial RV rentals will continue to accelerate at a faster rate than the supply of rental RVs. The reason for this phenomenal growth in demand is due to the Baby Boom Generation.
Start-up Costs & Franchises Fees
What is the total cost to open a Bates Motor Home Rental Network Inc. Franchises?
Total Cost: $33,800-$250,000 USD
Total Franchise Fees: $17,000 USD -$35,000 USD
Ongoing Royalty Fees: 8%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $1K
Contact Information for Bates Motor Home Rental Network Inc.
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Bates Motor Home Rental Network Inc. |
Phone Number: (702)737-9050 |
Bates Motor Home Rental Network Inc. In the Press
No results at this time.Historical Expansion
In what year did Bates Motor Home Rental Network Inc. begin operations? 1973
When did Bates Motor Home Rental Network Inc. begin selling franchises? 1995
Year United States Canada International Corporate 2005 18 2 0 0 2004 16 2 0 0 2003 16 2 0 0 2002 8 1 0 0 2001 8 1 0 0
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee Yes No Initial Start-up Capital Yes No Plant, Property, and Equipment Yes No Inventory Yes No Accounts Receivable Yes No Payroll Yes No Other Sources for Financing: Rent, phones, local advertising
Training & Support
Support
In the Pressletter, Meetings, Internet referrals, Safety and Security procedures, Purchasing cooperatives
Marketing
Cooperative advertising
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.0% of all franchise business owners own more than one franchise location.
Absentee ownership of franchise is allowed.
Qualifications & Business Experience
Business Experience:
General business experience Computer skills
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes