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Practical Rent A Car

Recruit, train and develop operators in the car rental industry as independently owned operations. National insurance program by A+ rated company, automated and voice reservation systems. Centralized purchasing, on-going support, newsletters and training.

Franchisor Background

Year Established:

1989

Franchising Since:

1989

Operating Units:
Franchised Units:	134	100%
Company-Owned Units:	0	0%
	______	_____
Total Operating Units:	134	100%

Geographic Distribution:
U.S.:	134	100%	In 34 States
Canada:	0	0%	In 0 Canadian Provinces
International:	0	0%	In 0 Foreign Countries
	______	_____
Total:	134	100%

North America:
States/Provinces with the largest number of operating units:
Density	Units
1. Washington	20
2. Pennsylvania	14
3. Oklahoma	10

Registered in Following Registration States:

California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth:	$100K
Cash Investment:	$10-25K
Total Investment:	$25-100K
Average Total Investment:	$62K

Fees:
Initial Franchise Fee:	$2.5-100K
Average Franchise Fee:	$51K
On-Going Royalty:	Flat/Car
Average Royalty:	-1%
Advertising Fee:	0%

Average Number of Employees:

2 Full-time, 1 Part-time

Space Needs (in square footage):

1,000

Preferred Sites:

Free-standing Building, Storefront, Strip Center

Other Sites:

Hotel

Encourage Conversions?

Yes

Earnings Claims Provided?

Listed in the SBA Registry?

Support and Training

International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	8
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Direct

Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified

On-Going Support:
Central Data Processing:	At Additional Cost
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	At Additional Cost
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees

Training:
1. Headquarters	4.5 Days

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):

Financial Net Worth:	5
General Business Experience:	3
Specific Industry Experience:	2
Formal Education:	3
Psychological Profile:	4
Personal Interview(s):	5

Minority Representation

Units Owned by Minorities:
African-American:	N/A
Asian-American:	N/A
Hispanic:	N/A
Native American:	N/A
Other:	N/A
Specific Minority:	N/A

Terms of Contract

Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes

Expansion Plans

Projected New Units Over Next 12 months:

100

U.S.:	Yes, All United States
Canada:	No
Overseas:	Yes, All Countries

Franchisor Background

Year Established:

Franchising Since:

Operating Units:

Geographic Distribution:

North America: