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U-Save Car & Truck Rental

Car & truck rentals

Background

Founded: 1979 Franchising since: 1979
U-Save Auto Rental of America Inc. was founded in 1979 and began franchising that same year. It is based in Jackson, Mississippi.
4780 I-55 N., #300
Jackson, Mississippi 39211
Phone:
(800)438-2300/ (601)713-4333


Franchisor has 31 employee(s); 5 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 172 5 18 0
2008 193 2 13 0
2007 206 1 4 0
2006 225 1 4 0
2005 311 0 3 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, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Australia/new zealand, Canada, Central america, Eastern europe, Middle east, Mexico, South america, Western europe

Exclusive territories available.

Costs and Fees

Total investment: $58.4K-682.8K
Franchise fee: $10K-250K
Ongoing royalty fee: 3-6%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $300K-500K
Cash liquidity requirement: $60K-150K
Business Experience:
  • Industry experience

Operations
  • 16.4% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 5
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 5 business days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Field operations/evaluations

Marketing Support
  • National media

Other marketing support
  • In-house marketing support

Rankings

Franchise 500® rank:
#285 (2009); #270 (2008);

Ranked #1 in category in:
2009; 2008;


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