Auto rentals
FREE Franchise Guide!
Franchise 500 2023
2023 Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$340K - $790K
Units as of 2020
20 Increase 11.1% over 3 years

Founded in 2003, NextCar is a rental car company located mainly in the mid-Atlantic United States. In 2015, NextCar started franchising under the NP franchise group. Since then, NextCar has opened several franchises in the United States.

At NextCar, clients typically get a competitive deal for a rental car, whether it be for short or long-term rental. NextCar promises quality each time it rents out its cars to its customers. With this franchise, you may be part of a business that caters to your success as a franchisee. 

Why You May Want to Start a NextCar Franchise

If you’re a petrol-head and love to spend your time around cars, then opening a NextCar franchise may be right up your alley. A NextCar franchise may be tailored for those passionate about business and providing quality service. A franchisee should be ready to listen to their customers and provide the best service in an effort to make them return clients.

NextCar has received recognition for its contribution to creating a greener planet, potentially making it an environmentally friendly company. 

What Might Make a NextCar Franchise a Good Choice?

As a NextCar franchisee, your main responsibility will be to carry on the company's spirit. This means that your service delivery should be top-notch and your fleet of cars unmatched. Additionally, a NextCar franchisee should exude professionalism. Additionally, conducting rigorous market research could help your NextCar franchise remain competitive.

To be part of the NextCar team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements. 

A term of agreement with NextCar may last for an indefinite period of time. This may make it so franchisees do not have to worry about paying for renewal fees.

NextCar may offer in-house help covering the cost of inventory to franchisees who meet their qualifications. The company may also offer a discount off the franchise fee to honorably discharged veterans.

How To Open a NextCar Franchise

Opening a NextCar franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.

As part of your due diligence, you should speak to current NextCar franchisees and ask the franchising team questions about the opportunity. 

If awarded a franchise, franchisees may receive a great deal of support from the NextCar franchise brand throughout the franchising process. In addition to pre-opening training, franchisees could receive support through brand awareness, marketing, research, and construction. Franchisees may also receive hands-on training and continued support after their franchise location has opened.

It may be a good idea to speak with an attorney or financial advisor to ensure that you have the necessary financial resources to own and operate a NextCar franchise.

Find Your Perfect Franchise

Company Overview

About NextCar

Industry Automotive
Related Categories Miscellaneous Automotive Products & Services, Auto Rentals & Sales
Founded 2003
Parent Company NP Auto Group
Leadership Michael DeLorenzo, President
Corporate Address 13900 Laurel Lakes Ave., #100
Laurel, MD 20707
Social Facebook, Twitter

Business Overview

Franchising Since 2015 (8 years)
# of employees at HQ 25
Where seeking

This company is offering new franchisees in the following US states:

This company is offering new franchisees in the following international regions:

# of Units 20 (as of 2020)

Information for Franchisees

Here's what you need to know if you're interested in opening a NextCar franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$20,000 - $100,000
Initial Investment Information Circle
$339,992 - $790,226
Net Worth Requirement Information Circle
Cash Requirement Information Circle
Veteran Incentives Information Circle
$2,000 off franchise fee
Royalty Fee Information Circle
Ad Royalty Fee Information Circle
Term of Agreement Information Circle
Is franchise term renewable? No
Take Our Free Franchise Quiz!

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing NextCar offers in-house financing to cover the following: inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 8 hours
Classroom Training 32 hours
Ongoing Support
Purchasing Co-ops
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Social Media
Website Development
Email Marketing
Loyalty Program/App


Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Can this franchise be run part time? Information Circle
# of employees required to run 3
Are exclusive territories available? Information Circle
Take our quick quiz to find your ideal franchise

Interested in ownership opportunities like NextCar? Request a free consultation with a Franchise Advisor now.

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to NextCar.

Related Franchise Content

Catch up on the latest franchise news, trends, and more.


The 8 Things Franchise Investors Want to See in Your Business

If you're looking for investors, these are the 8 things they are looking for in your franchise business.

Business News

This Founder Walked-On to a Top College Basketball Team in the '90s. Today, He and Drew Brees Are Bringing the 'Walk-On Mentality' to Franchising.

Brandon Landry was so determined to play college basketball that he walked-on — tried out with no scholarship and made the team — at a major program. He's brought that same determination to the franchise business with Walk-On's Sports Bistreaux.


Franchise Legalese Defined — A Deep Dive Into Franchising Definitions

Before you can decide if you should franchise, find out exactly what you're getting yourself into.

Business News

Opening a New McDonald's Franchise Will Be More Expensive in 2024

Starting January 1, franchise royalty fees will rise from 4% to 5% for new locations in the U.S. and Canada.

Starting a Business

Your Ultimate Research Guide to the Crucial Steps Before Buying a Franchise

If you're thinking about becoming a franchisee, find out what you're getting yourself into by reviewing this quick guide.


If You Want to Join a Franchise That Is Truly Diverse, These Are the Top 100 to Consider

These franchises are putting their money where their mouth is when it comes to inclusivity.

See more franchise content
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022