Business Description

Complete equipment rental operation, specializing in light contractor, home owner and party/special occasion rentals. We provide a complete support program including market/site evaluation, store design, inventory customization, hands-on-training and on-going field and technical support.

Franchisor Background

Year Established:  1910

Franchising Since:  1985

Operating Units:
Franchised Units:	450	100%
Company-Owned Units:	0	0%
Total Operating Units:	450	100.0%
Geographic Distribution: U.S.: 450 100% In 42 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 450 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Massachusetts	0
2. New York	0
3. Pennsylvania	0

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:	$75-150K
Total Investment:	$225-250K
Average Total Investment:	$238K
Fees:
Initial Franchise Fee:	$1.5K
Average Franchise Fee:	$2K
On-Going Royalty:	1.3%
Average Royalty:	1%
Advertising Fee:	$30/Mo.

Average Number of Employees: 3 Full-time, 3 Part-time

Space Needs (in square footage): 5,000

Preferred Sites: Free-standing Building, Strip Center

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	4
General Business Experience:	4
Specific Industry Experience:	1
Formal Education:	1
Psychological Profile:	2
Personal Interview(s):	4
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
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	16
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	No
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:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
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. Gary, IL	1 Week
Expansion Plans
Projected New Units Over Next 12 months: 60 U.S.: Yes, All United States Canada: Yes, All Canada Overseas: Yes, All Countries	Request Franchisor Info   Submit an online form to receive information from Grand Rental Station/Taylor Rental.