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  Home  >>  Automotive  >>  New/Used Auto Rental/Leasing




Dollar Rent A Car (Canada)
1027 Yonge St., 3rd Fl.
Toronto, ON, M4W 2K9 Canada




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Business Description

Daily, weekly, monthly car and truck rental.

Franchisor Background

Year Established:  1966

Franchising Since:  1990

Operating Units:

Franchised Units:

40

100%
Company-Owned Units:00%
 
Total Operating Units:
40
100.0%
 
Geographic Distribution:
U.S.:00%In 0 States
Canada:40100%In 9 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
40
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. British Columbia0
2. Ontario0
3. Quebec0

Registered in Following Registration States: Alberta

Financial Requirements

Investment:
Minimum Net Worth: $250K
Cash Investment:$100-160K
Total Investment:$150-300K
Average Total Investment:$225K
 
Fees:
Initial Franchise Fee:$10-50K
Average Franchise Fee:$30K
On-Going Royalty:7%
Average Royalty:7%
Advertising Fee:2%
 
Average Number of Employees: 3 Full-time, 1 Part-time

Space Needs (in square footage): 1,200

Preferred Sites: Free-standing Building

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: Yes

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:5
General Business Experience:5
Specific Industry Experience:5
Formal Education:3
Psychological Profile:3
Personal Interview(s):3
 
Terms of Contract
 
Term of Initial Contract:5 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?Yes
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:No
Canadian Franchise Association:Yes
Franchisee Association/Member:No
Size of Corporate Staff: 10
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:Not Applicable
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Not Applicable
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
1. Toronto, ON5 Days
 
Expansion Plans
 
Projected New Units Over Next 12 months: 20

U.S.:

No
Canada:Yes, All Canada
Overseas:No
Submit an online form to receive information from Dollar Rent A Car (Canada).