Sixt USA vs Hertz Car Rental Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Sixt USA vs Hertz Car Rental including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$614,100 - $6,670,600 | $564,300 - $2,539,000 |
Franchise Fee |
$25,000 - $750,000 | $25,000 - $100,000 |
Royalty Fee |
5% | - |
Advertising Fee |
- | - |
Year Founded |
1912 | - |
Year Franchised |
1988 | - |
Term Of Agreement |
5 years | - |
Term Of Agreement |
5 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
90% of all franchisees own more than one unit. Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | Yes |
Company Overviews
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]
About Hertz Car Rental
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.