Wheelchair Getaways Franchise
Tuesday, April 27, 2010 at 12:23PM Wheelchair-accessible rental vans
In 1921 the Pennsylvania-based Van Artsdalen Express was a successful freight company. By 1972, it had been restructured to operate school buses instead of trucks. While working for the company, J. Edward Van Artsdalen noticed that people using wheelchairs were some of the most poorly served individuals in the transportation market. Motivated by this discovery, Van Artsdalen founded Wheelchair Getaways Inc. in 1988. The company rents wheelchair-accessible vans to individuals and groups. The company began franchising in 1989 and was purchased by J. Stewart and Jean Gatewood in 1994. Wheelchair Getaways is now based in Versailles, Kentucky and owned by Richard Gatewood and Moon Ko.
Start-up Costs & Franchises Fees
What is the total cost to open a Wheelchair Getaways Franchises?
Total Cost: $40,000 USD -$112,000 USD
Total Franchise Fees: $17,500
Ongoing Royalty Fees: $550/van/yr.
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $5K
Contact Information for Wheelchair Getaways
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Wheelchair Getaways Inc. |
Phone Number: (859)873-4973 |
Wheelchair Getaways In the Press
No results at this time.Historical Expansion
In what year did Wheelchair Getaways begin operations? 1988
When did Wheelchair Getaways begin selling franchises? 1989
Year United States Canada International Corporate 2005 43 0 0 1 2004 42 0 0 1 2003 43 0 0 1 2002 42 0 0 0 2001 42 0 0 0
Future Expansion
United States: Alaska, Alabama, Arkansas, California, Connecticut, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, Nevada, New York, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, West Virginia, Wyoming,
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Internet referrals, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.25% of all franchise business owners own more than one franchise location.
Number of employees needed to run franchised unit: 3
Absentee ownership of franchise is allowed. (100% of current franchise business owners are owner/operators)
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