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Rent 'N Drive
2825 N. 48th St.
Lincoln, NE 68504
800#:
Tel: (402) 467-4994
Fax: (402) 466-3819
E-Mail: [email protected]
Web Site: www.hallmotors.com
Contact: Mr. John Hall, President
When people need a car for a few days or a few weeks, they don't want to pay high prices. RENT 'N DRIVE provides an affordable alternative to high-priced new car rentals. RENT 'N DRIVE offers dependable vehicles at a fraction of the prices of 'new' car rental services. Offering more flexible rental terms also means a larger customer base! This is an established industry with minimal selling required, reasonable hours and repeat customer traffic.
Franchisor Background
Established: 1990
First Franchise: 1996
Franchise Units: 1
Company-Owned Units: 1
Total Units: 2
Distribution:
U.S. -- 2;
Canada -- 0;
International -- 0
-North America -- Operations in 1 State
-States/Provinces with Greatest Density: 2 in NE
Projected New Units Over Next 12 months: 6
Franchisee Qualifications: 4, 3, 3, 1, 4, 4
(Click here for an explanation)
Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 1 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 650 + 6,400 SF; FS, SF
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $28.8-46.3K
Total Investment: $95.8-199.3K
Average Total Investment: $147.6K
Minimum Net Worth: $100K
Fees:
-Franchise: $20K
-Average Franchise Fee: $20.0K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/5/5
Passive Ownership: Discouraged
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 6
On-Going Support: a,b,C,d,E,f,G,h,I (Click here for an explanation)
Training: 1 Week at Lincoln, NE; 1 Week On-Site.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
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