Rent-A-Wreck
Used auto rentals and leasing
Rent-A-Wreck
Used auto rentals and leasing
About
Founded
1970
Franchising Since
1977 (41 Years)
Corporate Address
13900 Laurel Lakes Ave., #100
Laurel, MD 20707
CEO
Jack Fitzgerald
Parent Company
Bundy American Corp.
Financial Requirements
Initial Investment ⓘ
$159,105 - $459,607
Net-worth Requirement ⓘ
$250,000
Liquid Cash Requirement ⓘ
$50,000
Ongoing Fees
Initial Franchise Fee ⓘ
$18,000 - $75,000
Ongoing Royalty Fee
$34/car/mo.
Ad Royalty Fee
$8/car/mo.
Financing Options
Rent-A-Wreck offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory
Rent-A-Wreck has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Veteran Incentives
$2,000 off franchise fee
Support Options
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Marketing Support
Ad Templates
National Media
On-The-Job Training:
3 days
Classroom Training:
5 days
Additional Training:
At counter classes, marketing seminar, and through newsletter
Absentee Ownership Allowed
Number of Employees Required to Run:
2
Cost
Initial Investment: Low - $159,105
High - $459,607
Units
Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.
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