In the following sections you will find all the basic information you need to know about the RENT4FUN license.
If you want to expand this information, contact us through the contact form.
In the following sections you will find all the basic information you need to know about the RENT4FUN license.
If you want to expand this information, contact us through the contact form.
First,
Let’s start with legal things that lawyers force us to say!
The level of success to achieve the results mentioned in this guide will depend on the time you devote to your company, your economy, your knowledge and your other several talents. As these factors can vary from one individual to another, we cannot guarantee your success nor the level of incomes. We are not responsible for your actions.
Many factors will be important to determine your results and there is no guarantee that you will get the same results as the ones on this guide. There is no guarantee what results you will get from the ideas and techniques in this content.
We try to provide complete and appropriate information. Anyway, we cannot guarantee the quality, content, accuracy of the information, texts, graphics and others of this content.
We reserve the right to change any of the contents without previous notice.
The information provided should not be used to replace legal advice, accounting, real estate, or other legal information.
We don’t assume liability for damages or losses of any kind that may arise from the use, misuse or inability about any of the contents of this document.
Second,
Why do we give this information of so much value for free?
You'll probably be thinking that could have a trap or some small letter, but it doesn’t. The only thing we ask in return for helping you to decide if this is truly your business, is to be your equipment, products and image supplier.
We hope this guide will be useful and you can start your own rentals business.
We are not a simple bike rental!
RENT4FUN is a totally new and pioneering concept worldwide, of leisure, sports and mobility, which can be adapted to the needs or characteristics of each city or zone, suitable for all ages at affordable prices.
Right now, there is a growing demand of products related to personal urban mobility as well as tourist activities and outdoor leisure, so RENT4FUN has united all these needs in a unique concept, so our clients can enjoy of new experiences continuously.
The client is who decides what to rent and for how much time, from 15 minutes up to several days, always at affordable prices.
In our shops you can rent anything you can think of.
The most usual to rent are bicycles, electric bicycles, electric scooters, rollerblades, segways, tandems, hoverboards, mobility scooters or the last electric device that has come out on the market.
But if you are located in a coastal area you can add water activities such as paddle surfs, kayaks, jet skis, boats, flyboard, hydro-pedals and many others.
If you want to go a little further, you can even rent cars, motorcycles, helicopters, yachts, etc. As far as your imagination and budget allows.
But suppose you live between mountains and there are only ski resorts, no problem! You Can rent skis, snowboards, sleds, etc.
We cover a wide range of products asked by the leisure and rental consumers, that are always looking for new activities and experiences to test, without the need to go to specialized stores in each of these activities or the need to buy the product.
We consider ourselves as the leisure supermarkets, the place to be visited by any resident or tourist who looks for a different experience or fun as you won't find another place with such a wide range where to choose as in RENT4FUN.
The "Brand License" is a very recent term, so let's try to clarify with as much detail as possible this business option.
What is a Brand License?
Here we explain the following points:
How RENT4FUN offers the same as a franchise without charging Royalties?
RENT4FUN is a manufacturer and distributor of the products that rents in their own shops, our business is in selling our products and our image. Most franchises have to buy the products to distributors (like RENT4FUN) and have to earn their profit by collecting royalties, which RENT4FUN doesn’t need to do, since we are manufacturers and/or distributors of the products.
In Summary
Belonging to the chain, you take advantage of all designs, offers, promotions, posters, flyers, etc., as you can also take advantage of the new products that are created for the company. In other words, you have all the advantages of a franchise, but without being tied up, pay royalties for sales or advertisement.
What are the main advantages?
1. Value of a Brand. The value of the brand is fundamental and one of the most valued aspects by the future licensed. Undoubtedly, the brand transfers to the customer a confidence and security in the acquired product that translates into its main added value.
Penetrate in the market through a recognized brand benefits the licensed in two aspects: on one hand, it avoids the strong economic, technical and human investment that implies introducing a new brand in the market; and on the other, it allows you to invest with greater guarantees of success as it does on a brand already established and that works successfully.
2. Professional Support. We give You all the support you need, in:
3. In Addition, you take advantage of our:
What requirements do I need to be a RENT4FUN licensed?
There are no minimum requirements, you only have to take care and believe in the brand RENT4FUN with the same affection and passion with which we have created it. Are a trademark license, in which we do not charge fees of entry or Royalties. You Only pay for what you need and we allow you to make your own decisions and choices in different areas of the business.
How does the contract work?
In RENT4FUN there is no reservation contracts or contracts with small print. There is only one contract that will be in effect from the moment you formalize the purchase of the initial package.
What is the duration of the contract?
The contract has a minimum duration of two years. After this time the contract will remain in effect while you continue using the brand, ie. while the business is called RENT4FUN and have logos, posters, use of flyers, cards, marketing media, products etc. in short, as long as the RENT4FUN Brand is used and exploited in any medium.
What if past the two years I want to cancel the contract?
If you want to cancel the license agreement, there would be no problem, but you would have to proceed to remove the whole link with the RENT4FUN Brand.
Why else would the contract be cancelled?
We proceed to remove the brand and cancel the contract if we check that it is making an incorrect or improper use of the brand.
How will RENT4FUN standards be monitored?
Periodically, someone from our central team will visit all RENT4FUN places, to verify that all our standards are being fulfilled and if we see something that we dislike we will inform you.
Where should I open a RENT4FUN?
Maybe this is the most interesting point, we will open a horizon of possibilities beyond a store. Let’s Start!
As you can see there is an infinity of possibilities to implant RENT4FUN!
The keys of the Location:
Can I have more than one RENTFUN store?
Yes, without any problem, you can have several RENT4FUN shops, or have a main shop and several Corner Shops, or have several kiosks, you choose.
What if I already have a rental store?
I Want To keep my name, but I would like to buy RENT4FUN products.
As mentioned above, if you prefer to keep your own brand, even so, you can be a RENT4FUN licensed and take advantage of our advantages only with the commitment of purchase our products.
Keep in mind that we always recommend using the brand RENT4FUN, this way you can take advantage also on all the designs, posters, signs, flyers, cards and promotions that our graphic design department designs for the whole chain, as well as marketing and advertising campaigns. In Addition to all the professional support in the management of your business.
What is the initial investment?
The initial investment depends on the size you want to start your RENT4FUN store.
Currently we have several predesigned packs, depending on the space you have, from such a small amount as 5.000,00€, or even may be inferior. We will present you all the packs and obviously you will be able to modify them and personalize them to your liking, or we can make you a custom quotation.
And after the initial investment?
After the first year, if you reach the minimum amount of annual purchases established depending on the pack you have chosen, you won’t have to pay anything. If you don't reach the minimum amount, you will have to pay the annual fee established depending on your pack (but we do not rule out possible offers).
To understand numerically what we are talking about, In the annexes, you'll find a sample detailed about what we have explained before.
How can I finance myself?
We work with a low proportion of capital, requiring a little significant investment. If you have money or personal savings it will be perfect! If not, you can look for financing on your own, for this were created the banks. Also, the banks we work with can help you more easily.
After Many studies we have decided not to franchise RENT4FUN. Why?
From our point of view, the franchise has many advantages, but it also has many disadvantages. Because of its many disadvantages we considered it as an outdated option, not flexible and with many limitations and commitments, as well as requiring a large financial outlay by the franchisee.
For this reason, we decided to work in a licensing system, which takes advantage of all the advantages of the franchise, but without its commitments and disadvantages.
Advantages of the franchise:
Disadvantages of the franchise:
The success of a rental store depends on many factors, but we are going to give you our opinion about why some of them have closed or aren’t profitable:
In Summary
In our opinion, some of the companies or brands close for one or more of the following reasons: lack of organization, design, erroneous or poor-quality products, poor assistance service, lack of variety, high prices and, above all: starting a business without the experience or the professional support it requires.