Wheel Fun Rentals franchises offer customers the chance to rent recreational equipment, including bicycles, boats, and specialty multi-passenger Surrey cycles.
Sports & Recreation
About Wheel Fun Rentals
Wheel Fun Rentals provides tourists with the option to rent recreational equipment. The franchisor, Freetime Inc., also manufacturers certain vehicles, including a multi-passenger Surrey cycle. Depending on the location, Wheel Fun store may also offer cruiser-style bicycles, paddleboats, kayaks, canoes, and electric bikes. Wheel Fun works closely with several nonprofits, including the YMCA, Boy Scouts, and the Salvation Army. Stores may make donations to these and other local organizations to invest in their surrounding communities. The brand is also pursuing sustainability by utilizing solar power and eco-friendly materials and by promoting conservation awareness.
2000 (25 years)
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Franchise Fees
$12,500
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Why Wheel Fun Rentals?
A Wheel Fun Rentals franchise may be a good choice for someone who wants to work in the travel industry. The nature of the business may allow an entrepreneur to contribute to the tourism success of the local area. Providing these recreational cycles to tourists could also bring unique job satisfaction, as franchisees may feel they are contributing to important family memories.
The Wheel Fun system is well-established and extremely organized. The franchisor has invested a large amount of resources to evaluate potential markets and develop an effective advertising strategy. Each franchise is granted an exclusive territory, so there may be less competition than in other industries. Franchisees may enjoy the high level of support and training. Because there are very few business decisions required, this franchise could be a good choice for entrepreneurs with little experience in the industry.
Ideal Candidate
Ideal candidates are those who wish to work in the tourism industry in a highly customer-centric environment. Additionally, potential franchisees should be willing to live and work in one of the limited available territories Freetime offers. Entrepreneurs who want to invest in a standard hub/spoke franchise should be willing to pursue expansion within their exclusive territories, including opening numerous "spoke" locations and investing in the local community through philanthropic activities and partnerships with nonprofits. Because franchise opportunities are limited, the franchisor may have additional requirements for potential candidates.
$65,000 - $320,000
$50,000
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