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Home > Franchises > Wheel Fun Rentals
Wheel Fun Rentals
A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor. Wheel Fun is the nation's premier recreational rental chain. In leisure time and tourist destinations, from toddlers to grandparents, they offer fun and recreation for the entire family. Wheel Fun has been franchising since 2001 and they have fifteen years experience pioneering unique and novel recreation. Fully researched territories along with exciting product fleets and full management systems assure a quality consumer experience at an outstanding value. Over 8 million satisfied customers. Hundreds of thousands of dollars in donations to churches, schools, charities, YMCA, Girl Scout, Boy Scout, Salvation Army and other community organizations. Wheel Fun has created the only fleet of products designed for entertainment, safety and the reliability required for rental use. Unlike most franchisors, they are not afraid to offer you with information on historical results not just the numbers on prime locations on every Wheel Fun location. That information is part of their offering circular and they welcome any questions you may have. Their total investment is 78.5 to 250 thousands dollars, express or kiosk option available, franchise fee is 20000 dollars, ongoing royalty fee is 6 percent, term of agreement is 10 years, renewal fee is 1000 dollars. As according to entrepreneur magazine 2002 to 2006, wheel fun rentals ranked 282 in 2006, 238 in 2005, 404 in 2003 franchise 500 rank and ranked 13 in 2005, 32 in 2003 top new ranking. Wheel Fun franchisee, you will be part of a great, hand picked team. You'll have the benefits of a nationwide system, supported by cutting edge technology, offering you with recognition and a brand image second to none, and the assistance of a franchisor that is committed to supporting you as you achieve your goals.
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