Thrifty Car Sales Inc.
At a Glance
Products & Services: Used car sales
Number of Locations:
Total Investment: $765K - 4M
Founded: 1998
Began Franchising: 1998
Public Owned
Startup Costs, Ongoing Fees and Financing
Total Investment: $765,000 - $4,000,000
Franchise Fee: $35,000
Ongoing Royalty Fee: $110+/vehicle
Term of Franchise Agreement: 5 years, renewable
Franchise Fee: $35,000
Ongoing Royalty Fee: $110+/vehicle
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $125,000
Operations
19% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 10 - 14. Absentee ownership of franchise is allowed. (92% of current franchisees are owner/operators).How This Franchise Supports Franchisees
Training: Available at headquarters. Ongoing training available through Thrifty University
Ongoing Support: Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Ad slicks,
Other marketing support: Marketing & advertising support programs (including marketing & media analysis, design services, PR, etc.)
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