Business Description

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	100.0%
Geographic Distribution: U.S.: 134 100% In 34 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 134 100.0%

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?: No

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
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:	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
Expansion Plans
Projected New Units Over Next 12 months: 100 U.S.: Yes, All United States Canada: No Overseas: Yes, All Countries	Request Franchisor Info   Submit an online form to receive information from Practical Rent A Car.