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Updated RecentlyPegasus car rentals vs Payless Car Sales Inc. Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Pegasus car rentals 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 | N/A | $351,700 - $3,100,000 |
| Franchise Fee | N/A | $30,000 |
| Royalty Fee | - | $2500+/mo. |
| Advertising Fee | - | - |
| Year Founded | 1989 | 2001 |
| Year Franchised | 1991 | 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 Pegasus car rentals
Interested in joining one of NZ's iconic kiwi franchises? Then join a group of 13 passionate owner operators already running their own Pegasus Car Rental franchises.
Pegasus Car Rental is a well-known national brand that's been around since 1989. As well as a great brand, you will have access to a national booking system, group buying power and marketing and training expertise. You will also have the support of a great head office team, as well as being able to leverage the combined knowledge of all our owner operators nationwide, it couldn't be easier.
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.