Rent-A-Wreck

Founded: 1970 Franchising since: 1977

105 Main St. Laurel, Maryland 20707

Phone: (240)581-1359

Franchisor has 35 employee(s); 7 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	179	0	38	0
2008	179	0	28	0
2007	281	0	38	0
2006	281	0	28	0
2005	295	0	27	0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Total investment: $127.6K-368.5K Franchise fee: $15K

Ongoing royalty fee: $30/car/mo. Term of agreement: 5 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $50K
Business Experience:

• General business experience
• Marketing skills

Operations

• 20% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 2
• Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

Training

• Available at headquarters: 1 week
• At franchisee's location: Varies
• At counter classes, marketing seminar, and through newsletter

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations
• Purchasing cooperatives

Marketing Support

• Co-op advertising
• Ad slicks
• National media
• Regional advertising

Franchise 500® rank:
#341 (2009); #312 (2007); #370 (2005);

Low-Cost Franchises:
#104 (2005);