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Volvo Rents
Construction equipment rentals
Franchise Growth
Cost & Fees
Training & Support
Rankings
Year began:
1986
Franchising since:
2001
One Volvo Dr.
Asheville, NC 28803
Phone:
(866)387-3687
Fax:
(828)650-2450
Franchise Growth
Year
2007
2006
2005
2004
U.S. Franchises
65
59
57
48
Canadian Franchises
8
4
7
0
Foreign Franchises
66
62
54
3
Company
Owned
3
4
0
0
Costs & Fees
Total investment:
$3.5M-8.2M
Franchise fee:
$45K
Ongoing royalty fee:
4%
Term of agreement:
15 years, renewable
Type of Financing Available
In-House
Third Party
Franchise Fee
No
No
Startup Costs
Yes
No
Equipment
Yes
No
Inventory
Yes
No
Accounts Receivable
Yes
No
Payroll
No
No
Training & Support
TRAINING
Available at headquarters: 2-3 weeks
At franchisee's location: Varies
Financial/cash flow training; sales & marketing training
ONGOING SUPPORT
Newsletter
Meetings
Toll-free phone line
Grand opening
Internet
Security/safety procedures
Field operations/evaluations
Purchasing cooperatives
MARKETING SUPPORT
Ad slicks
National media
Regional advertising
Rankings in Entrepreneur magazine 2004-2008
Franchise 500® rank:
#357 (2008); #354 (2007); #389 (2006); #309 (2005);
Top New Ranking:
#28 (2006); #19 (2005);
America's Top Global Franchises:
#177 (2008); #174 (2007); #193 (2006); #194 (2005);