Payless Car Rental vs Practicar Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Payless Car Rental vs Practicar including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Payless Car Rental Franchise
Practicar Franchise
Investment $217,900 - $6,300,000$80,000 - $200,000
Franchise Fee $15,000 - $500,000$15,000 - $30,000
Royalty Fee 4-5%-
Advertising Fee --
Year Founded 19711976
Year Franchised 19711976
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $2.5K-


Business Experience Requirements
 
Payless Car Rental Franchise
Practicar Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Payless Car Rental Franchise
    Practicar Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Payless Car Rental Franchise
    Practicar Franchise
    Training Ongoing training available as neededFull classroom and ongoing training provided
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing National media-
    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)

    		-

    Expansion Plans
     
    Payless Car Rental Franchise
    Practicar Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    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 Practicar

    Thank you for your enthusiasm for Practicar's establishment program. The Practicar framework is a settled program that has offered clients reasonable evaluating on rentals, leases and auto deals since 1976. Because of the effective execution of this framework, Practicar can give franchisees a one of a kind and productive business opportunity. As a franchisee, you advantage from the information, assets and help of our national bolster group. You likewise advantage from Practicar's preparation and improvement programs, national showcasing, demonstrated establishment business systems, auto deals programs, focused protection program and a permit to utilize our exceptional and very unmistakable brand. Practicar is looking for client benefit arranged, committed and objective driven people who craving to be ready to go for them selves yet not without anyone else and who know the upsides of being a cooperative person. It is safe to say that you are one of these people? These are only a couple of the energizing focal points of being an individual from the Practicar family, however there are such a variety of different reasons why a Practicar establishment is a brilliant and opportune speculation. For more data in regards to this open door, please review and we will forward you our complete establishment bundle. Alternately call our Franchise Development Coordinator