NextCar
Auto rentals

NextCar
Auto rentals

About
Founded

2003

Franchising Since

2015 (5 Years)

Corporate Address

13900 Laurel Lakes Ave., #100
Laurel, MD 20707

CEO

Jack Fitzgerald

Parent Company

NP Auto Group

Financial Requirements
Initial Investment

$339,992 - $790,226

Net-worth Requirement

$500,000

Liquid Cash Requirement

$50,000

Ongoing Fees
Initial Franchise Fee

$20,000 - $100,000

Ongoing Royalty Fee

$34/car/mo.

Ad Royalty Fee

$8/car/mo.

Financing Options

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

Veteran Incentives

$3,000 off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Ad Templates

National Media

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

8 hours

Classroom Training:

32 hours

Additional Training:

As needed

Number of Employees Required to Run:

3

Cost
Initial Investment: Low - $339,992 High - $790,226
Units
-5.0%-1 UNITS (1 Year) +11.8%+2 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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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: February 7th, 2020