This company is no longer franchising.
- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$1.1M - $10.5M
- Units as of 2015
-
2,201 12.7% over 3 years
Company Overview
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
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
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 & ConventionsToll-Free LineGrand OpeningOnline SupportField Operations
- Marketing Support
-
Ad TemplatesRegional AdvertisingMarketing 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
Work with our free FranCoach and get what you need to start a Sixt Franchise USA LLC franchise.
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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