Priceless Rent-A-Car
At a Glance
Products & Services: Car rentals & leasing
Number of Locations: 53
Total Investment: $120.6K - 376.5K
Founded: 1997
Began Franchising: 1997
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2010 | 53 | 0 | 0 | 0 |
| 2009 | 61 | 0 | 0 | 0 |
| 2008 | 61 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $120,600 - $376,500
Franchise Fee: $8,000
Ongoing Royalty Fee: $30/car/mo.
Term of Franchise Agreement: 5 years, renewable
Franchise Fee: $8,000
Ongoing Royalty Fee: $30/car/mo.
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $50,000
Operations
5% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2 - 4. Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 5 days.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet,
Marketing Support: Co-op advertising, Ad slicks, National media,
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