Sixt Franchise USA LLC

Sixt Franchise USA LLC

Auto rentals
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This company is no longer franchising.

2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$1.1M - $10.5M
Units as of 2015
2,201 12.7% over 3 years

Company Overview

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.

About Sixt Franchise USA LLC

Related Categories
Auto Rentals & Sales
Founded
1912
Parent Company
Sixt SE
Leadership
Erich Sixt, CEO

Franchising Overview

Franchising Since
1998 (24 years)
# of employees at HQ
600
Where seeking

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

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

# of Units
2,201 (as of 2015)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
1850 S.E. 17th St., #207
Fort Lauderdale, FL 33316

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Sixt Franchise USA LLC 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
$25,000 - $400,000
Initial Investment
$1,056,275 - $10,486,000
Net Worth Requirement
$500,000
Cash Requirement
$150,000
Royalty Fee
5%
Ad Royalty Fee
2%
Term of Agreement
5 years
Is franchise term renewable?
Yes
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Financing Options

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

Third Party Financing
Sixt Franchise USA LLC has relationships with third-party sources which offer 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
1 week
Classroom Training
1 week
Additional Training
Online training: 1 week; ongoing training
Ongoing Support
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Marketing Support
Ad Templates
Regional Advertising
Marketing Planning & Support

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes
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Franchise 500 Ranking History

Compare where Sixt Franchise USA LLC landed on this year’s Franchise 500 Ranking versus previous years.

Stock History for Sixt Franchise USA LLC

Ticker Symbol for Sixt Franchise USA LLC: SIX2

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021