There are two operating models for this; bike-share and rental. Rental can be anything from hourly to daily, semester or annual.

I'm not aware of anyone offering the type of franchise you're referring to. However, I do know that this has been discussed internally by Nice Ride Minnesota and Motivate so you might want to check with both of them to see where they are at. Nice Ride operates both bike share and rental systems. Motivate is bike share but have both kiosk and kiosk-less systems.