Volvo Rents
At a Glance
Products & Services: Construction equipment rentals
Number of Locations: 168
Total Investment: $3.54M - 8.24M
Founded: 1986
Began Franchising: 2001
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2010 | 65 | 8 | 89 | 6 |
| 2009 | 71 | 7 | 82 | 5 |
| 2008 | 69 | 7 | 73 | 4 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
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, Midwest, Nebraska, North Carolina, North Dakota, Northeast, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, West, Washington, Wisconsin, West Virginia, Wyoming.
Franchisor is seeking new units in Canada.
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, Midwest, Nebraska, North Carolina, North Dakota, Northeast, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, West, Washington, Wisconsin, West Virginia, Wyoming.
Franchisor is seeking new units in Canada.
Startup Costs, Ongoing Fees and Financing
Total Investment: $3,544,550 - $8,241,250
Franchise Fee: $45,000
Ongoing Royalty Fee: 4-3%
Term of Franchise Agreement: 15 years, renewable
Franchise Fee: $45,000
Ongoing Royalty Fee: 4-3%
Term of Franchise Agreement: 15 years, renewable
Financial Requirements
Net Worth: $1,500,000
Liquid Cash Available: $750,000
Operations
Number of employees needed to run franchised unit: 7 - 12. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
| Franchise Fee | ||
| Startup Costs | ||
| Equipment | ||
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How This Franchise Supports Franchisees
Training: Available at headquarters: 2-3 weeks. At franchisee's location: Varies. Financial/cash flow training; sales & marketing training
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Ad slicks, National media, Regional advertising,
Franchise Ranking History
America's Top Global: #177 (2008),
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