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Updated RecentlyPrice King Rent-a-Car vs Payless Car Sales Inc. Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Price King Rent-a-Car vs Payless Car Sales Inc. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $120,000 | $351,700 - $3,100,000 |
| Franchise Fee | $59,000 - $99,000 | $30,000 |
| Royalty Fee | - | $2500+/mo. |
| Advertising Fee | - | - |
| Year Founded | 1984 | 2001 |
| Year Franchised | 1984 | 2001 |
| Term Of Agreement | - | 5 years |
| Term Of Agreement | - | 5 years |
| Renewal Fee | - | $1000 for 5 years |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | No/No |
| Start-up Costs | -/- | No/No |
| Equipment | -/- | No/No |
| Inventory | -/- | No/No |
| Receivables | -/- | No/No |
| Payroll | -/- | No/No |
Training & Support |
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| Training | - | * Available at headquarters: 2 days * At franchisee's location: 1-2 weeks |
| Support | - | - |
| Marketing | - | - |
| Operations | - | * 12% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 8 - 10 * Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Price King Rent-a-Car
Jerry King, a past proprietor of a Lincoln-Mercury Dealership, outlined Price King Rent-A-Car to be an extra benefit community for new and utilized auto dealerships. A similar fundamental standards additionally function admirably for remain solitary lease an auto franchisees. Value King's demonstrated techniques can help you prevail in the focused lease an auto business. A portion of the advantages of the Price King framework: Ease of Operations, Exclusive Territories, Year Round Positive Cash Flow, Positive Name and Image, On Going Support, and On Site Professional Training to give some examples.
About Payless Car Sales Inc.
Payless Car Sales is a franchise system specifically designed to provide qualified independent used car dealerships with the opportunity to affiliate with a recognized global brand. Our primary objective is to build the largest and most trusted quality pre-owned vehicle sales franchise system in the United States and beyond.