| ||||
Updated RecentlyPayless Car Rental vs Affiliated Car Rental Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Payless Car Rental vs Affiliated Car Rental including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $217,900 - $6,300,000 | $46,500 - $72,000 |
| Franchise Fee | $15,000 - $500,000 | $5,000 - $11,600 |
| Royalty Fee | 4-5% | Varies |
| Advertising Fee | - | - |
| Year Founded | 1971 | 1987 |
| Year Franchised | 1971 | 1987 |
| Term Of Agreement | 5 years | Perpetual |
| Term Of Agreement | 5 years | Perpetual |
| Renewal Fee | $2.5K | - |
Business Experience Requirements |
||
| Experience | ||
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | Yes/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
||
| Training | Ongoing training available as needed | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | National media | Co-op advertising, Ad slicks |
| Operations |
47% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 20
Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) |
5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3
Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About Payless Car Rental
Payless Car Rental was established in 1971 in Spokane, Washington, by Les Netterstrom and his wife, Dusty. By 1982, their small two-location car rental business had grown to almost 100 franchises and one corporate-owned location. In 1983, the 150-location company changed its name to Payless Car Rental System Inc. In 1989, Netterstrom sold the company to a Taiwanese investment group. Eighty percent of the privately held company's franchise units are conversions; 47 percent of the franchisees own multiple locations.
About Affiliated Car Rental
Based in Eatontown, New Jersey, Affiliated Car Rental locations rent cars, trucks, mini vans, luxury and 4x4 vehicles. Certain centers also rent moving trucks and offer towing services.