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Sensible Car Rental
We offer a rental car program which provides training, insurance and support. Majority of franchisee are used car dealers and other automotive related businesspersons.
Franchisor Background
Year Established: 1986Franchising Since: 1986
Operating Units: Franchised Units: 140 100% Company-Owned Units: 0 0% ______ _____ Total Operating Units: 140 100% Geographic Distribution: U.S.: 140 100% In 22 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries ______ _____ Total: 140 100% North America: States/Provinces with the largest number of operating units: Density Units 1. New York 25 2. New Jersey 24 3. Massachusetts 10
Registered in Following Registration States: Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, District Of Columbia, Alberta Financial Requirements
Investment: Minimum Net Worth: $Varies Cash Investment: $20-25K Total Investment: $46.4-69.5K Average Total Investment: $58K Fees: Initial Franchise Fee: $6-10K Average Franchise Fee: $8K On-Going Royalty: $10-15/Car Average Royalty: -1% Advertising Fee: 0%
Average Number of Employees: 1 Full-time, 1 Part-timeSpace Needs (in square footage): N/APreferred Sites: Free-standing BuildingOther Sites: Encourage Conversions? Not ApplicableEarnings Claims Provided? NoListed in the SBA Registry? NoSupport and Training
International Franchise Association: No Canadian Franchise Association: No Franchisee Association/Member: Yes, Member Size of Corporate Staff: 10 Site Selection Assistance? No Lease Negotiation Assistance? No 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: Not Applicable Central Purchasing: Not Applicable Field Operation Evaluation: Included in Fees Field Training: At Additional Cost Initial Store Opening: Not Applicable Inventory Control: Included in Fees Franchisee Newsletter: Included in Fees Regional or National Meetings: Included in Fees 800 Telephone Hotline: Included in Fees Training: 1. Matawan, NJ 2 Days
Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important): Financial Net Worth: 2 General Business Experience: 3 Specific Industry Experience: 4 Formal Education: 2 Psychological Profile: 2 Personal Interview(s): 5
Minority Representation
Units Owned by Minorities: African-American: 3 Asian-American: 0 Hispanic: 4 Native American: 0 Other: N/A Specific Minority: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Terms of Contract
Term of Initial Contract: Perpetual Year(s) Term of Renewal Period: Year(s) Passive Ownership: Not Allowed Area Development Agreements? No Sub-Franchising Contracts? No Franchisees Allowed to Expand Within Territory? Yes
Expansion Plans
Projected New Units Over Next 12 months: 25
U.S.: Yes, All United States Canada: No Overseas: No
