Sixt Franchise USA LLC

At a Glance

Products & Services: Auto rentals

Number of Locations: 2,141

Total Investment: $614.1K - $6.2M

Founded: 1912

Began Franchising: 1998

About Sixt Franchise USA LLC

Starting out with just three cars, Martin Sixt opened his first rental agency in Munich, Germany, in 1912. The Sixt Company, which is still operated by his family, began franchising in 1998, opening offices around the world. In 2012, 100 years after its founding, the company brought its franchise program to the US. Franchisees rent cars, pickup trucks, SUVs, and vans to the public.

Franchise Units

Year U.S. Canadian International Company Owned
2014 14 0 1,187 940
2013 8 0 1,133 878
2012 0 0 1,098 855
2011 0 0 1,017 811
2010 0 0 1,444 408
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $614,100 - $6,170,600
Franchise Fee: $25,000 - $500,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $150,000
Operations
90% of all franchisees own more than one unit. Absentee ownership of franchise is NOT allowed..
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 1 week. Online training: 1 week; ongoing training
Ongoing Support: Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
Marketing Support: Ad slicks, Regional advertising,
Other marketing support: Online, SEO, SEM

Franchise Ranking History

Franchise 500®: #73 (2014),

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