Payless Car Sales Inc. vs Sixt USA Franchise Comparison

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

Start-Up Costs and Fees
 
Payless Car Sales Inc. Franchise
Sixt USA Franchise
Investment $351,700 - $3,100,000$614,100 - $6,670,600
Franchise Fee $30,000$25,000 - $750,000
Royalty Fee $2500+/mo.5%
Advertising Fee --
Year Founded 20011912
Year Franchised 20011988
Term Of Agreement 5 years5 years
Term Of Agreement 5 years5 years
Renewal Fee $1000 for 5 years-


Business Experience Requirements
 
Payless Car Sales Inc. Franchise
Sixt USA Franchise
Experience --

Financing Options
 
Payless Car Sales Inc. Franchise
Sixt USA Franchise
  In-House/3rd PartyIn-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
 
Payless Car Sales Inc. Franchise
Sixt USA Franchise
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)

90% of all franchisees own more than one unit.

Absentee ownership of franchise is NOT allowed.

Expansion Plans
 
Payless Car Sales Inc. Franchise
Sixt USA Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

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.

About Sixt USA

Founded in Munich in 1912, Sixt car rental company today is a worldwide mobility service provider, and still expanding steadily. In Germany and Austria, Sixt is already the market leader.
Sixt rents top-class cars to its customers at very low prices. With the world's largest BMW and Mercedes Benz fleet, the latest models of top car makes, sports cars, convertibles, jeeps and trucks, Sixt meets the requirements of all its customers.
The Sixt franchise system is a proven international success, with more than 80 master franchisees operating from roughly 1,000 worldwide locations. In the U.S., Sixt operates corporate branches in Miami, Ft. Lauderdale, West Palm Beach, Orlando, Atlanta, Phoenix, and Seattle (www.sixt.com). Sixt plans to further expand in the U.S. with a step by step, measured approach of corporate expansion along with the addition of growth oriented local franchisees. Throughout Europe and internationally, Sixt is expanding with great success. U.S. and Canada franchise expansion fits in with Sixt's long term strategy to cover all aspects of mobility by supplying innovative, universally useful and top-quality services. Those interested in Sixt Franchise Opportunities can visit sixt-franchise.com and/or contact Craig Olson, VP North America Franchise Development at 954-874-1786 or [email protected]