Business Description

U-SAVE is strategically positioned as the #2 operator in the local neighborhood rental car market, providing superior customer service and affordable rental cars to consumers who need a rental car to temporarily augment their personal use vehicle, or who need a car to replace a vehicle being repaired, and to local businesses that rent vehicles on an as-needed basis.

Franchisor Background

Year Established:  1979

Franchising Since:  1979

Operating Units:
Franchised Units:	454	96.8%
Company-Owned Units:	15	3.2%
Total Operating Units:	469	100.0%
Geographic Distribution: U.S.: 463 98.7% In 47 States Canada: 0 0% In 0 Canadian Provinces International: 6 1.3% In 0 Foreign Countries   Total: 469 100.0%

North America:
States/Provinces with the largest number of operating units:

Density

Units

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:	$250K
Cash Investment:	$60K Liquid
Total Investment:	$56.5-103.5K
Average Total Investment:	$80K
Fees:
Initial Franchise Fee:	$20K
Average Franchise Fee:	$20K
On-Going Royalty:	$33.28/Vehicle
Average Royalty:	32%
Advertising Fee:	$0.50/Car

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

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):	4
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?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
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, 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:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees
Training:
1. Jackson, MS	5 Days
Expansion Plans
Projected New Units Over Next 12 months:
U.S.:	Yes, All United States
Canada:	No
Overseas:	No