Start-Up Costs and Fees |
||
| RimTyme | J.D. Byrider Systems | |
| Investment | 321208 - 684250 | 349750 - 672500 |
| Franchise Fee | ||
| Royalty Fee | 4% | 2.50% |
| Advertising Fee | $250/ mo | $1.5K/mo. |
| Year Founded | 2005 | 1979 |
| Year Franchised | 2007 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| RimTyme | J.D. Byrider Systems | |
| Experience | General business experience | |
Financing Options |
||
| RimTyme | J.D. Byrider Systems | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| RimTyme | J.D. Byrider Systems | |
| Training | 4 Weeks | On-The-Job Training: Varies Classroom Training: Varies Additional Training: Web-based curriculum |
| Support | *Central Purchasing *Field Operation Evaluation *Field Training *Initial Store Opening *Inventory Control *Franchisee Newsletter *Regional or National Meetings | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | *National Advertising *Regional Advertising *Local Advertising *Marketing Materials *Additional Services *Other Marketing Support | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Passive Ownership: Discouraged Average Number of Employees: 5 Full-time, 0 Part-time | 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 20 Absentee ownership of franchise is allowed. (28% of current franchisees are owner/operators) |
Expansion Plans |
||
| RimTyme | J.D. Byrider Systems | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | 0 | |
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| RimTyme | |
| J.D. Byrider Systems | |
| Franchise Fee | |
| RimTyme | |
| J.D. Byrider Systems | |
| Royalty Fee | |
| RimTyme | 4% |
| J.D. Byrider Systems | 2.50% |
| Advertising Fee | |
| RimTyme | $250/ mo |
| J.D. Byrider Systems | $1.5K/mo. |
| Year Founded | |
| RimTyme | 2005 |
| J.D. Byrider Systems | 1979 |
| Year Franchised | |
| RimTyme | 2007 |
| J.D. Byrider Systems | 1989 |
| Term Of Agreement | |
| RimTyme | 5-10 years + 5-10 |
| J.D. Byrider Systems | 10 years |
| Renewal Fee | |
| RimTyme | |
| J.D. Byrider Systems | |
Business Experience Requirements |
|
| Experience | |
| RimTyme | |
| J.D. Byrider Systems | General business experience |
Financing Options |
|
| Franchise Fees | |
| RimTyme | No |
| J.D. Byrider Systems | No |
| Start-up Costs | |
| RimTyme | |
| J.D. Byrider Systems | |
| Equipment | |
| RimTyme} | |
| J.D. Byrider Systems | |
| Inventory | |
| RimTyme | |
| J.D. Byrider Systems | |
| Receivables | |
| RimTyme | |
| J.D. Byrider Systems | |
| Payroll | |
| RimTyme | |
| J.D. Byrider Systems | |
Training & Support |
|
| Training | |
| RimTyme | 4 Weeks |
| J.D. Byrider Systems | On-The-Job Training: Varies Classroom Training: Varies Additional Training: Web-based curriculum |
| Support | |
| RimTyme | *Central Purchasing *Field Operation Evaluation *Field Training *Initial Store Opening *Inventory Control *Franchisee Newsletter *Regional or National Meetings |
| J.D. Byrider Systems | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | |
| RimTyme | *National Advertising *Regional Advertising *Local Advertising *Marketing Materials *Additional Services *Other Marketing Support |
| J.D. Byrider Systems | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| RimTyme | Passive Ownership: Discouraged Average Number of Employees: 5 Full-time, 0 Part-time |
| J.D. Byrider Systems | 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 20 Absentee ownership of franchise is allowed. (28% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| RimTyme | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| J.D. Byrider Systems | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| RimTyme | |
| J.D. Byrider Systems | 0 |
| International Expansion | |
| RimTyme | |
| J.D. Byrider Systems | Canada, |