Bandag
Automotive · Tire & Wheel Services
- Active units
- 160
Franchised, year-end 2024
About Bandag
Bandago is the go-to brand for super cool passenger van rentals that offer an exceptional experience. Whether you're a band on tour, going on a family vacation, planning a business outing, or organizing a group event, Bandago has got you covered. Their vans come packed with exciting features such as Wi-Fi, video games, premium seating, and ample storage space. Not only do they provide top-notch vehicles, but they also offer low prices and excellent customer service. With Bandago, you can choose from a variety of locations across the United States, including Austin, Atlanta, Chicago, Los Angeles, Miami, Nashville, New York, Orlando, Portland, and San Francisco. Since 2003, Bandago has been the leader in passenger van rentals, providing customized and stylish vans that meet all your needs. Don't miss out on the Bandago experience - book your van online or call 1-866-868-7826 now!.
Key terms
- Footprint
1,000 – 18,000 sq ft
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2025 filing); filings on file: 2024, 2025.
Growth
- Total locations160
Franchised units open at year-end
- New openings3
Gross new units opened during the calendar year
- 1-year unit growth rate-7.0%
Net unit growth versus prior year
- 3-year unit CAGR-5.5%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio3.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$3.4M
Midpoint of estimated initial investment range
↓ Lower is better - Time to open3 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate—
Percent of net sales paid to the franchisor
- Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 36 of 36 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.