#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)
Fund Your Franchise with Guidant
Learn how to invest your IRA or 401k into a franchise. ($50k min)
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
Related Franchises
Related Articles
Don't Choose a Franchise Until You've Talked to People Who Already Own It
Some lessons you shouldn't learn the hard way, like how a company treats the owners of its franchises.
This Latest Food Mashup May Have Gone Too Far
The world's a strange place. A place where self-driving cars came before a hotdog-hamburger food combo and Cheetos Chicken Fries.
Be Your Own Boss: Insights From 3 Successful Franchisees
Want to shake things up and set out on your own? Here, business owners share their personal insights, explaining why – and how – they took the plunge themselves.
20 Signs You Might Need a New Franchise Coach
Conduct your due diligence on selecting a franchise coach helping you and beware of any of these warning signs.
Ways To Choose The Right Franchise To Expand Your Business
Franchises are appealing to business leaders who intend to rapidly take their businesses to the next level.
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
Reprints & LicensingUpdate Your Listing
Submit New Listing
Pillar To Post Home Inspectors
Golden Corral Restaurants