Thrifty Rent-A-Car System Inc.

Thrifty Rent-A-Car System Inc.

Not Ranked

Initial Investment

LOW: $639,009
HIGH: $6,816,795

Change in Units

Promoted Opportunities

Company Profile

Founded

1958

Franchising Since

1962 (54 Years)

Corporate Address

P.O. Box 33167 Tulsa, OK 74153

CEO

Scott Thompson

About Thrifty Rent-A-Car System Inc.

When L.G. Crow founded Thrifty Rent-A-Car System Inc. in 1950 in Tulsa, Oklahoma, the company rented Volkswagen Beetles for $6 a day. Thirty years later, Thrifty operates in 70 countries and territories from more than 1,000 locations. It has been a part of the Dollar Thrifty Automotive Group since 1997. In 1999, the company launched Thrifty Car Sales, a franchised retail used-car sales network.

Financials

Financial Requirements

Initial Investment

$639,009 - $6,816,795

Net-worth Requirement

$500,000

Liquid Cash Requirement

$150,000

Ongoing Fees

Initial Franchise Fee

$20,000 - $500,000

Ongoing Royalty Fee

6-8%

Franchise 500® Rank History

  • 2010 - 202
  • 2011 - 100

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List

Operations & Franchisor Support

Training Onsite: 1 week

Training at headquarters: 1 week

Ongoing Support
Purchasing Co-ops
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Ad Slicks
Regional Media

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: June 18th, 2015

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Previous Years Rankings

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