Budget Rent A Car of Canada
Budget Rent A Car of Canada
3080 Yonge St., # 4000
Toronto, ON M4N 3N1 CANADA
800#: (800) 268-8941
Tel: (416) 622-3366
Fax: (416) 622-5555
E-Mail:
Web Site: www.worldfranchising.com/website.htm
Contact: Mr. Ron Groves, Mgr. Franchising/Bus. Dev.
Car and truck rental, both in airports and local markets.
Franchisor Background
Established: 1963
First Franchise: 1963
Franchise Units: 380
Company-Owned Units: 8
Total Units: 388
Distribution:
U.S. -- 0;
Canada -- 388;
International -- 0
-North America -- Operations in NR
-States/Provinces with Greatest Density: NR
Projected New Units Over Next 12 months: 5
Franchisee Qualifications: 4, 4, 5, 3, 3, 3
(Click here for an explanation)
Registered in Following Registration States: AB (Click here for an explanation)
Average Number of Employees: 2 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: NR SF; FS, SF, Dealership
(Click here for abbreviations)
Encourage Conversion: No
Financial Requirements
Cash Investment: $100K
Total Investment: $100K+
Average Total Investment: $100.0K
Minimum Net Worth: $1MM
Fees:
-Franchise: $20K
-Average Franchise Fee: $20.0K
-Royalty: 7.5%
-Average Royalty: 7.5%
-Advertising: 0%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Discouraged
Area Development Agreements: No
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 40
On-Going Support: A,B,C,D,E,f,G,H,I (Click here for an explanation)
Training: 3 Days in Chicago, IL.
Franchisor's Specific Expansion Plans
U.S.: No
Canada: AB,SK,MB,ON,PQ
Overseas: No
Note: NR = No Response by Franchisor.
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