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U-Save Car & Truck Rental
 

U-SAVE has over 194 locations throughout the country and is one of the nation's largest franchise car rental companies. Having primarily serviced the local market for the past 30 years, current expansion plans call for the opening of airport locations in the top 30 markets across the country. U-Save now services 33 airport markets in 14 different states, in addition to 11 international airport locations.

Franchisor Background

Year Established:

  1979

Franchising Since:

  1979

IFA Member



Operating Units:

Franchised Units:195 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:195 100%  
 

Geographic Distribution:

U.S.:175 89.7% In 33 States
Canada:5 2.6% In 1 Canadian Provinces
International:15 7.7% In 10 Foreign Countries
 ______ _____  
Total:195 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. South Carolina16
2. Ohio12
3. Mississippi10

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:$300K
Cash Investment:$60-100K
Total Investment:$60-681.3K
Average Total Investment:$371K
 

Fees:

Initial Franchise Fee:$20K+
Average Franchise Fee:$20K
On-Going Royalty:3-6%
Average Royalty:5%
Advertising Fee:1-2%

Average Number of Employees:

   2 Full-time, 2 Part-time

Space Needs (in square footage):

   1,500-2,000

Preferred Sites:

   Free-standing Building, Storefront, Strip Center

Other Sites:

   Other Businesses

Encourage Conversions?

   Yes

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff:50
Site Selection Assistance?No
Lease Negotiation Assistance?No
Financial Assistance?Yes, Indirect
 

Marketing Support:

Co-Op Advertising:Yes
National Advertising:Yes
Regional Advertising:Yes
Local Advertising:Yes
Marketing Materials:Brochures, Catalogs, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Trade Show Exhibits
Additional Services:In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies
Other Marketing Support:None Specified
 

On-Going Support:

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

Training:

1. Jackson, MS5 Days
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:4
Specific Industry Experience:3
Formal Education:2
Psychological Profile:1
Personal Interview(s):3

Minority Representation

Units Owned by Minorities:

African-American:0
Asian-American:0
Hispanic:0
Native American:0
Other:0
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:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 0 Year(s)
Sub-Franchising Contracts?Yes
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

  
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, All Countries
 
 
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