Sixt Franchise USA LLC

Sixt Franchise USA LLC

Sixt Franchise USA LLC
#103

Initial Investment

LOW: $1,056,275
HIGH: $10,486,000

Change in Units

+2.7% +60 UNITS (1 Year)
+8.3% +182 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

1912

Franchising Since

1998 (18 Years)

Corporate Address

1850 S.E. 17th St., #207 Fort Lauderdale, FL 33316

CEO

Erich Sixt

Parent Company

Sixt SE

Ticker Symbol

About Sixt Franchise USA LLC

Starting out with just three cars, Martin Sixt opened his first rental agency in Munich, Germany, in 1912. The Sixt Company, which is still operated by his family, began franchising in 1998, opening offices around the world. In 2012, 100 years after its founding, the company brought its franchise program to the US. Franchisees rent cars, SUVs, and vans to the public.

Financials

Financial Requirements

Initial Investment

$1,056,275 - $10,486,000

Net-worth Requirement

$500,000

Liquid Cash Requirement

$150,000

Ongoing Fees

Initial Franchise Fee

$25,000 - $400,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

2%

Financing Options

Sixt Franchise USA LLC has relationships with third-party sources which offer financing to cover the following: 
inventory

Franchise 500® Rank History

  • 2014 - 73
  • 2016 - 103

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 1 week

Training at headquarters: 1 week

Additional Training: Online training: 1 week; ongoing training

Ongoing Support
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Ad Slicks
National 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: October 15th, 2015

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Previous Years Rankings

2016 2015 2014 2013 2012