Price King Rent-a-Car vs Hertz Car Rental Franchise Comparison

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

Start-Up Costs and Fees
 
Price King Rent-a-Car Franchise
Hertz Car Rental Franchise
Investment $120,000$564,300 - $2,539,000
Franchise Fee $59,000 - $99,000$25,000 - $100,000
Royalty Fee --
Advertising Fee --
Year Founded 1984-
Year Franchised 1984-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Price King Rent-a-Car Franchise
Hertz Car Rental Franchise
Experience --

Financing Options
 
Price King Rent-a-Car Franchise
Hertz Car Rental Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Price King Rent-a-Car Franchise
Hertz Car Rental Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Price King Rent-a-Car Franchise
Hertz Car Rental Franchise
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 Hertz Car Rental

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Founded in 1918 in Chicago, USA, Hertz Rent A Car began life as a one-man business with a dozen cars for hire. Since then, Hertz has grown, changed and innovated until today it boasts 10,000 car hire locations across six continents and 145 countries - including the first global car rental business in China. The largest general use airport rental car provider in the world, Hertz is a globally recognized and trusted brand. Hertz founder, Walter Jacobs, invented the car rental industry and though the business has seen changes in ownership over the years, that tradition of innovation has always been retained. Hertz pioneered airport car rental locations (a sector which they continue to lead) and was the first in the market to introduce travel agent booking systems, an express service, onboard navigation, instant return, and online check-in. Committed to superior customer service and cost-efficient vehicle leasing, Hertz offers both commercial and leisure hire options.

The total investment necessary to begin operation of a new Hertz Business (excluding real estate) is $564,300 to $12,539,000. For new franchisees, this includes $25,000 to $100,000 that must be paid to the Franchisor or its affiliates. For any franchisee that is purchasing from the Parent or its affiliates the assets of certain existing car renting business locations, the investment may include a franchise fee of several hundred thousand dollars or more that must be paid to the Franchisor or its affiliates.