2350-N 34th St. N.
St. Petersburg, FL 33713
800#: (800) 729-5255
Tel: (727) 321-6352
Fax: (727) 323-3529
E-Mail: [email protected]
Web Site: www.800-PAYLESS.com
Contact: Franchise Sales Department,
PAYLESS CAR RENTAL SYSTEM, Inc., has been a recognized name in the car rental industry for almost 30 years. Car rental expertise and an experienced corporate office staff give each franchisee individual assistance and the competitive edge. We offer the tools to become successful in the vehicle rental and sales business. The franchise fee includes an innovative rental industry computer system during the term of the agreement.
Franchisor Background
| Established: |
1971; |
First Franchise: |
1971 |
| Franchise Units: |
92 |
| Company-Owned Units: |
0 |
| Total Units: |
92 |
Distribution:
U.S. -- 72;
Canada -- 1;
International -- 20
> North America -- Operations in 20 States
> States/Provinces with Greatest Density: 15 in FL, 7 in CA, 6 in AK
|
| Projected New Units Over Next 12 months: 36 |
| Franchisee Qualifications: 5, 4, 3, 1, 3, 5
(for an explanation
click here) |
| Registered in Following Registration States: All States |
| Average Number of Employees: Varies (FT = Full Time, PT = Part Time) |
| Space Needs: Varies SF; FS
(for abbreviations click here) |
Financial Requirements
| Cash Investment: |
$100K (Varies) |
|
| Total Investment: |
$Varies; |
|
Average Total Investment: |
$-1K |
|
| Minimum Net Worth: |
$250K (Varies) |
|
| Fees: |
Franchise: |
$50-500K; |
Average Franchise Fee: |
$275K |
|
Royalty: |
5% |
|
Advertising: |
3% |
| Provide Earning Claim Statement: No
|
Terms of Contract
| Term of Contract (Years): |
5/5 |
| Passive Ownership: |
Allowed |
| Encourage Conversions: |
Yes |
| Area Development Agreements: |
Yes/5 |
| Sub-Franchising Contracts: |
No |
| Expand In Territory: |
Yes |
Franchisor Support and Training Provided
| Financial Assistance: |
Yes(I) (D = Direct; I = Indirect; B = Both) |
| Site Selection Assistance: |
Yes |
| Lease Negotiation Assistance: |
No |
| Cooperative Advertising: |
Yes |
| Franchisee Assoc. / Member: |
Yes/Yes |
| Size Of Corporate Staff: |
55 |
| On-Going Support: |
A,B,C,D,E,G,h,I
(for an explanation click
here) |
| Training: |
3-4 Days Corporate Office; 3-5 Days Franchisee's Location |
Franchisor's Specific Expansion Plans
| U.S.: |
All United States |
| Canada: |
All Canada |
| Overseas: |
All Countries |
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.