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Updated RecentlyPayless Car Rental vs Sensible Car Rental Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Payless Car Rental vs Sensible Car Rental including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $217,900 - $6,300,000 | $25,000 - $30,000 |
| Franchise Fee | $15,000 - $500,000 | $4,000 - $7,000 |
| Royalty Fee | 4-5% | - |
| Advertising Fee | - | - |
| Year Founded | 1971 | - |
| Year Franchised | 1971 | - |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $2.5K | - |
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/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | Ongoing training available as needed | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | National media | - |
| Operations |
47% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 20
Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Payless Car Rental
Payless Car Rental was established in 1971 in Spokane, Washington, by Les Netterstrom and his wife, Dusty. By 1982, their small two-location car rental business had grown to almost 100 franchises and one corporate-owned location. In 1983, the 150-location company changed its name to Payless Car Rental System Inc. In 1989, Netterstrom sold the company to a Taiwanese investment group. Eighty percent of the privately held company's franchise units are conversions; 47 percent of the franchisees own multiple locations.
About Sensible Car Rental
Affordable Car Rental and Sensible Car Rental provide a full service franchise program at significantly lower cost than most other companies. This, in addition to our franchisee friendly corporate attitude, is one of the reasons why both of our companies have consistently ranked among Entrepreneur Magazine's top 500 franchises each year for more than 20 years. The original founders of Affordable Car Rental and Sensible Car Rental having realized the importance of servicing and maintaining a stable quality insurance program sought out a strategic partnership with one of the largest property & casualty insurance agencies in the country. Today, that partnership is stronger than ever.