About Fireside for Maryland Franchise
Fireside RV Rental Maryland is a regional franchise offering for the Fireside RV Rental brand, providing the rights to operate an RV and camper rental management business in the Maryland market.
With a franchise fee of $50,000 and franchising since 2022, this offering is tailored for the specific regulatory and market requirements of the Maryland territory.
The Fireside RV Rental model allows franchise owners to operate a management company that connects RV owners with travelers looking to rent campers and recreational vehicles.
Fireside for Maryland Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $50,000 | One-time payment upon signing |
| Royalty Fee | 10% on Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | As determined by co-op. Currently, we do not have any cooperatives. Maximum 5% of gross sales, not less than 1% of gross sales if established. | National brand fund |
| Total Investment Range | $51,950 – $94,700 | Includes build-out, inventory, working capital |
The investment range of $52K–$95K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (10% on Gross Sales) and marketing fee (As determined by co-op. Currently, we do not have any cooperatives. Maximum 5% of gross sales, not less than 1% of gross sales if established.) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial franchise fee (See Note 1) | $50,000 | $50,000 |
| Rent and Lease Security Deposit (see Note 2) | $0 | $2,500 |
| Vehicle & Trailers lease or purchase (see Note 3) | $0 | $30,000 |
| Utilities (see Note 2) | $500 | $800 |
| Computer Systems | $250 | $1,000 |
| Insurance | $500 | $2,500 |
| Signage (see Note 2) | $100 | $1,000 |
| Office Expenses (see Note 2) | $50 | $100 |
| Licenses and Permits (see Note 4) | $0 | $300 |
| Dues and Subscriptions (see Note 5) | $250 | $1,000 |
| Professional Fees (lawyer, accountant, etc.) | $300 | $1,000 |
| Additional funds (for first 3 months) (see Note 6) | $0 | $4,500 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $5,000 |
| Renewal Fee | No initial franchise fee for renewal, but materially different terms and conditions, including higher/different fees, may apply. |
| Technology Fee | Computer Systems: $250 - $1,000 (initial investment, Item 7). Annual cost for optional/required maintenance, updating, upgrading, or support contracts: $0 to $500 (Item 11). |
| Audit Fee | Our actual cost (Payable if (1) audit due to failed reports or non-compliance, or (2) under-reported gross sales by more than 3% for any 4-week period). |
| Platform Fee | 10% of Gross Sales (up to a maximum of 25%), increased to 15% if Additional Franchisee Service is elected |
| Reimbursement | Amount that we spend on your behalf (within 7 days of invoice) |
| Costs of collection | Our actual costs (as incurred) |
| Renter or RV owner response time and complaint and chargeback resolution | $100 per hour and any expenses incurred by us (on demand) |
| Special inspection fee | Currently $600, plus our out-of-pocket costs (on demand) |
| Non-compliance cure costs and fee | Our out-of-pocket costs and internal cost allocation, plus 10% (when billed) |
| Indemnity | Our costs and losses from any legal action related to the operation of your franchise (on demand) |
| Prevailing party’s legal costs | Our attorney fees, court costs, and other expenses of a legal proceeding, if we are the prevailing party (on demand) |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 7 hours classroom, 0 hours on-the-job |
| Classroom Training | 7 |
| On-the-Job Training | 0 |
| Training Location | Virtual Training Program |
| Additional Training | Franchisor may at any time require Principal Executive and/or any other employees to complete training programs, in any format and location, and may charge a reasonable fee. Franchisee pays travel, living, and other expenses for off-site training. Franchisee must complete training to franchisor's satisfaction at least four weeks before opening. Business must be under on-site supervision of someone who completed training. No additional training programs or refresher courses currently required, but franchisor has the right to do so. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | Yes |
| Territory Size | A standard territory for a location will normally contain a population of approximately 50,000 people. |
| Description | Your territory will usually be specified as a radius around your location; however, we may use other boundaries (such as county lines or other political boundaries, streets, geographical features, or trade area). The Franchise Location and Protected Territory will be identified on the cover page of the Franchise Agreement. To maintain exclusivity, franchisee must achieve minimum RV rentals: 15 by end of year 1, 20 by end of year 2, and 25 each year thereafter. Failure to meet this may result in reduction or elimination of territory or termination of agreement. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years from date of franchise agreement. |
| Renewal Term | Up to 2 additional 5-year terms. |
| Renewal Fee | No initial franchise fee for renewal, but materially different terms and conditions, including higher and/or different fees, may apply. |
| Renewal Conditions | To renew, franchisee must give advance notice (90-180 days prior to term end); be in compliance with all contractual obligations; make required renovations to conform to current System Standards; sign then-current form of franchise agreement and related documents (including personal guaranty); and execute a general release (unless prohibited by applicable law). |
| Transfer Fee | $5,000 |
| Transfer Conditions | Buyer completes franchise application, meets standards, is not a competitor, signs current franchise agreement and related documents (including personal guaranty), franchisee has paid all monetary obligations and is in compliance, buyer completes training, franchisee and owners sign general release, business complies with current system specifications (including remodel if applicable), and pays transfer fee. |
| Termination for Cause | Franchisor may terminate for cause with 10-day cure period for non-payment or insufficient funds. 30-day cure period for other curable defaults. No cure period for misrepresentation, false information, bankruptcy, failure to open, loss of location, material violation of compliance with laws, confidentiality, non-compete, or transfer restrictions, abandonment for 5+ days, slander/libel, refusal to cooperate with audit/inspection, significant health/safety danger (48hr cure), multiple defaults in 12 months, termination of other agreements, felony charge/conviction, or failure to meet minimum performance requirements. |
| Non-Compete Period | During the term of the franchise, and for two years after termination or expiration. |
| Non-Compete Details | During the term, neither franchisee, any owner, nor spouse of an owner may have ownership interest in, lend money or provide financial assistance to, provide services to, or be employed by any competitor. For two years after termination/expiration, the same restrictions apply within thirty miles of former territory or any other Fireside RV Rental business operating on termination date. If terminated before territory determined, non-compete applies to Development Area. General manager and key employees may be required to sign confidentiality and non-compete agreements. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | If a legal entity, one 'Principal Executive' must be designated, own at least 10% of the business, complete initial training, and make reasonable efforts to attend all required meetings. All owners of an entity must sign a Guaranty and Non-Compete Agreement. On-premises supervision is recommended but not required; the general manager (whether owner or hired) must complete training. Franchisor may require general manager and spouse to sign confidentiality and non-compete agreements. |
| Required Suppliers | Franchisee must acquire all Inputs required by Fireside RV Franchising from time to time in accordance with System Standards. Franchisor may require purchases from itself, its designee, Required Vendors, Approved Vendors, and/or under its specifications. Franchisor may change requirements or vendor status. Franchisee must use franchisor's websites and request approval for alternate websites/social media sites. Franchisee must purchase an accounting platform such as QuickBooks. |
| Supply Restrictions | Franchisee must use franchisor's websites. If an alternate website or social media site is desired, written approval is required. Franchisor may grant or revoke approvals based on criteria including capacity, quality, financial stability, reputation, and reliability. Franchisor may require specific software and hardware. Franchisor may require specific items, fixtures, vehicles, and trailers in the future. |
| Franchisor Revenue from Suppliers | We currently do not derive revenue from the required purchases and leases by franchisees. However, the franchise agreement does not prohibit us from doing so. We do not currently receive payments from any designated suppliers based on purchases by you or other franchisees. However, the franchise agreement does not prohibit us from doing so. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | Yes |
| Description | We may offer direct or indirect financing. We do not guarantee your note, lease or obligations. |
Fireside for Maryland Franchise Earnings — Item 19
Fireside for Maryland does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Fireside for Maryland Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Fireside for Maryland System Growth
Fireside for Maryland currently operates 25 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2021 | 0 | 0 | 2 |
| 2022 | 16 | 0 | 18 |
| 2023 | 7 | 0 | 25 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 15 states: CA, MD, MN, SD, VA, HI, IL, IN, MI, NY, ND, OR, RI, WA, WI
Franchisor Financials (Item 21)
Audited by Omar Alnuaimi, CPA for year ending December 31, 2023.
Fireside for Maryland Franchise — FAQ
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